Dubai
Emirates NBD Launches New Digital Wealth Offering
Emirates NBD has launched a digital wealth platform that allows customers to trade securities and ETFs on both global exchanges such as, Nasdaq, NYSE, and London Stock Exchange and local markets such as, Dubai Financial Market, Abu Dhabi Securities Exchange,
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Dubai Islamic Bank Enters Turkish Digital Banking via Equity Investment in T.O.M. Group
Dubai Islamic Bank (DIB) will become a shareholder in T.O.M. Group of Companies, which was established by Aydın Group shareholders. DIB, one of the largest banking groups in the United Arab Emirates, will become a significant minority shareholder in T.O.M.
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Archie: New Global Fintech Accelerator in Dubai Launched
Archie – an innovative new fintech acceleration partner – launches with a mission to scale the next generation of fintech disruptors that will define and lead the category. With the belief that fintech founders need much more than financial backing
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Emirates NBD Group Makes Strategic Equity Investment in Climate Fintech Startup Erguvan
Emirates NBD has made an investment in Erguvan, a climate and financial technology venture aimed at providing financial institutions and corporations with digital infrastructure, enabling them to manage the impacts and risks of climate change. The investment was made via
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24 Startups Join Flat6Labs’ StartMashreq Growth Track Program
Flat6Labs, a seed and early-stage venture capital firm for MENA, announced the selection of 24 startups for its StartMashreq Growth Track program. The startups – founded in Jordan, Lebanon & Iraq – operate in diverse sectors such as fintech, healthtech,
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Toko and Virtuzone Sign Collaboration to Launch Dubai’s First Tokenised Equity Crowdfunding Platform
TOKO FZE born out of global law firm DLA Piper, announces a strategic partnership with Virtuzone to form an equity crowdfunding platform in Dubai. TOKO is one of the first companies in Dubai to be granted full market Virtual Asset
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UAE Fintech MyZoi Raises $14M From SC Ventures and SBI Holdings
myZoi, an UAE based fintech focused on financial inclusion and financial literacy for the underbanked, has raised USD 14 million from SC Ventures and SBI Holdings, as it obtains two regulatory licenses from the Central Bank of the UAE. These
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Innovation Fund of Emirates NBD Makes a Strategic Equity Investment into Trade Finance Company Komgo
Emirates NBD has invested in Komgo, a leading software development and technology services company transforming the trade finance industry. The strategic equity investment was made by Emirates NBD’s Innovation Fund, the Bank’s corporate venture fund. Created earlier this year, the
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UAE Digital Real Estate Investment Platform Enters Fintech Lab in Saudi Arabia
Stake, Dubai based digital real estate investment platform, has obtained the approval from the Capital Markets Authority (CMA) in Saudi Arabia to enter its Fintech Lab and plans to launch KSA real estate investment opportunities on its app by the
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MENA Gen Z Consumers Favor Mobile Wallets as Preferred Payment Method
In the Middle East and North Africa, Generation Z (Gen Z) members are showing preference for digital payments methods over cash, identifying cards and mobile wallets as their favored and most used payment methods, a new study conducted by Sixth
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