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Al Fardan Exchange and HUAWEI Mobile Services sign MoU to strengthen business ties and brand presence

Al Fardan Exchange and HUAWEI Mobile Services (HMS) announced the signing of a Memorandum of Understanding (MoU) during the largest tech and start-up show...

Industry Ventures achieves final close of two funds at $1.7 billion with the support of Greenstone Equity Partners

Industry Ventures announced the close of their Secondary X Fund with over $1.45 billion in commitments and the close of Tech Buyout II Fund...

Instant Cash launches its Open API Solution to improve money transfer services for its partners

Instant Cash, a company within the FINTX portfolio, the fintech arm of Emirates Post Group, launched its new Open API platform (IC API). As...

Egypt’s Banque Misr secures $234 million from IFC to support SMEs

The loan to Banque Misr will catalyse job creation in Egypt through its focus on providing financing to micro and small businesses

Mastercard, tmam partner to help GCC SMEs digitise corporate expenses

The collaboration will help small businesses digitise their corporate expenses while saving money on company spending.

Emirates NBD, DIFC launch ‘National Digital Talent Incubator’ programme

The incubator programme will run two cohorts per annum, each consisting of three to six fintech startups with UAE national founders and members

Afreximbank, Morocco ink MoU for $1billion trade programme

Afreximbank will cooperate with relevant Moroccan entities and economic operators to develop and deploy appropriate project structuring and financing solutions.

Virtuzone offers free tax-ready service for small & medium-sized businesses to comply with the new UAE Tax Regulations

Virtuzone, the UAE’s leading and award-winning provider of company formation solutions, corporate services and tax consultancy, announced it will provide small and medium sized...

Backbase launches Grand Central, its new-gen integration solution, and dedicates $10 million fund to fuel innovation.

Backbase announces the launch of Grand Central, its groundbreaking Integration Platform-as-a-Service (iPaaS). This revolutionary offering is set to empower banks in expediting their modernization...

Al Etihad Payments, NPCI International Payments to develop UAE domestic card scheme

The UAE’s domestic card scheme is scheduled to launch in early 2024 and it will facilitate the growth of e-commerce and digital transactions.

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