Latest World News
News from all over the world
DIFC to Build Campus Set to Attract Over 500 AI and Web 3.0 Companies
Under the directives of First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC) His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, DIFC, announced
Read More
Ahli Bank Introduces Jordan’s First Social Payment App
Jordan Ahli Bank proudly announces the launch of Qawn, Jordan’s first-of-its-kind social payment app, revolutionizing the way users send and receive money through built-in chat capabilities. One key feature of the Qawn app is its integration with CliQ, a local
Read More
Cisco Plans Cloud Security Data Center in Saudi Arabia
Cisco announced plans to establish a data center for cloud-delivered security in the Kingdom of Saudi Arabia (KSA) to help customers protect their users, infrastructure, and investments against threat actors. The announcement is part of Cisco’s continued effort to empower
Read More
Binance’s Legal Woes Intensify
Regulators are turning up the heat on the world’s largest cryptocurrency exchange, slamming Binance, its US-based affiliate and its founder with a new lawsuit. The move is the latest development in an industry-wide crackdown that has seen regulators clamp down
Read More
Nymcard Acquires BNPL Platform Spotii to Offer Solutions for Banks and Financial Institutions
NymCard, a Dubai based payments infrastructure provider, has completed the acquisition of Spotii, a prominent Buy Now Pay Later (BNPL) Fintech operating in key markets including KSA, UAE, and Bahrain. This strategic move positions NymCard to offer its financial services
Read More
Mastercard Partners With UAE Life-Style Banking App to Issue Virtual Prepaid Cards Across GCC
Mastercard is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks a significant stride in Mastercard‘s ongoing commitment to advancing digitalization in the payments
Read More
77 % Of IT Leaders in the UAE Claim Their Digital Infrastructure Is Prepared for AI Technology
More than three out of four IT leaders surveyed in the UAE (77%) say their existing IT infrastructure is prepared for the demands of artificial intelligence (AI) technology, as the country experiences widespread adoption across industries, according to the Equinix
Read More
Israel Maintains Startup Leadership Position Across Middle East, Africa
For the fourth year in a row, Israel is being recognized as the largest and most advanced startup hub in the Middle East and Africa (MEA) region, commended for its large startup ecosystem, dynamic funding market and outstanding culture of
Read More
Singapore and MENA Companies Tap Bilateral Business Opportunities
Technology startups and investors from Singapore and Middle East and North Africa (MENA) nations are pursuing bilateral business opportunities and strengthening their ties through partnerships and financial participation. A new analysis by Magnitt, a startup data platform focusing on the
Read More
Winklevoss Twins’ Crypto Exchange Gemini Plans to Apply for UAE Crypto License
The Winklevoss twins-owned crypto exchange Gemini announced that it will soon begin the process of acquiring a crypto license to serve customers based in the United Arab Emirates (UAE). The firm said that by applying for a license, it will
Read More