Dubai
Careem Pay Taps Payments Firm iPiD to Expand Remittance Options to India
Dubai-based ride-hailing service company Careem has announced a collaboration with cross border payments firm iPiD to enhance the international remittance capabilities of its payment platform Careem Pay. This partnership is particularly focused on improving services in India, according to a
Read More
Dubai Insurance Invests in OneDegree for Digital Asset Insurance Partnership
Hong Kong’s insurtech OneDegree has secured an investment from the Dubai Insurance Company for its Series B funding round as part of a partnership to offer digital asset insurance in the United Arab Emirates (UAE). The sum was not disclosed.
Read More
Wio Bank Launches Mastercard Carbon Calculator
Wio Bank was created to reboot banking in the UAE for both businesses and consumers. In alignment with the UAE’s Year of Sustainability, Wio Bank has integrated the Carbon Calculator into its Wio Personal application, setting a new standard for
Read More
UAE’s 1 Trillion AED Goal In Sustainable Finance by 2030
Coinciding with the UAE’s hosting of COP28, the Central Bank of the United Arab Emirates (CBUAE), in cooperation with the COP28 Presidency, organised an event to facilitate global climate finance solutions and progress towards a sustainable future. During this global
Read More
Flow48 Secures $25 Million Pre-series A Funding
Flow48, a Dubai-based SME lending startup, announces $25 million in pre-Series A funding. The round, comprising a mix of equity and debt, includes notable investors such as Speedinvest, Daphni, 212, Blockchain Founders Fund, Unpopular Ventures, Endeavor Catalyst, and TLG, as
Read More
Ajman Bank and Mastercard Launch Real Time Remittance Service in UAE
Dubai’s Ajman Bank has initiated a strategic partnership with Mastercard to launch cross-border payment services for person-to-person (P2P) fund transfers through Ajman Bank’s Digital Banking application. With this collaboration, the bank will provide real-time remittances across more than 40 countries
Read More
Top 7 UAE Investors Fueling the Fintech Revolution
Investors from the United Arab Emirates (UAE) are actively backing promising tech startups in the Middle East and North Africa (MENA), opening their wallets to innovative ventures and contributing to the region’s entrepreneurial growth. Between 2018 and H1 2023, a
Read More
Top 50 Pioneering Climate Tech Startups in the Middle East
PwC Middle East has launched its first Net Zero Future50 report, revealing 50 pioneering start-ups in the Middle East driving innovation focused on reducing greenhouse gas emissions and addressing the impacts of global warming across key economic sectors in the
Read More
Visa Rolls Out Installments Solution in the UAE
Network International, a digital commerce across the Middle East and Africa (MEA) region, in collaboration with Visa has introduced Visa Installments Solution (VIS) for its merchants and issuer clients in the UAE. Under this agreement, Visa credit cardholders will be
Read More
Dubai Virtual Asset Service Provider Licensing Registration Deadline is Over
This market notice is being issued by Dubai’s Virtual Assets Regulatory Authority (VARA) to highlight to all industry stakeholders, and consumers that the deadline for VA sector entities to engage in the regulatory licence application process has now elapsed. As
Read More