Majid Al Futtaim – the leading shopping mall, communities, retail and leisure pioneer across the Middle East and Africa – announced two strategic launches that aim to expand its retail footprint in Pakistan. This includes the recent opening of two myli stores in Lahore as well as breaking ground to open Carrefour’s eleventh store […]

Today, Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. “After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs,” said Alan Fan, Head of Huawei’s Intellectual […]

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has become the first bank in the Middle East to join Komgo, a fintech offering digital network, trade and working capital workflow solutions for corporate and financial institutions. Through the Komgo Network, FAB’s key clients can […]

CR2, a global-leading banking software company has partnered with dfcu Bank to transform their ATM, Card and Payments Management Platform. The partnership between CR2 and dfcu will build the Bank’s technological capability and will start by enhancing the customer experience across cards, ATMs and payments. Commenting at the launch Fintan Byrne, CR2, CEO said, “We are delighted to partner […]

Standard Chartered and Falak Investment Hub announced the launch of the first cohort of the ‘SC Women in Tech’ program in the Kingdom of Saudi Arabia. Applications for the program will begin from 28 November and will remain open for a period of around six weeks. The 8-week program aims to support women-led start-ups in […]

Standard Chartered and upSWOT, a leading US-based fintech platform that connects business applications (apps) for integrated data analysis, unveiled a firstof-its-kind initiative with a pilot in Singapore that will offer the Bank’s small- and medium-sized enterprises (SMEs) clients actionable insights and intelligent forecasting capabilities on a single digital platform. Upon signing up for this pilot […]

Orderii, a cross-border e-commerce platform closed a 6-figure pre-seed round in October 2022. The platform provides logistics services for sought-after goods only available on foreign sites. Founder and CEO of Orderii, Shakir Ayad Al Jammas, commented, “We have been serving the Iraqi customer for several years now, enabling them to purchase products from brands that […]

Pyypl – pronounced “People” – the Middle East and Africa (MEA) focused financial services platform and Hub71 company has closed its target Series B raise of $20 million from a diverse group of international investors and ten existing investors. Pyypl is considering opening a second tranche for further investment due to interest from investors. Since […]

Bybit, the world’s third most visited crypto exchange, launched a new trading bot focused on crypto’s multi-billion dollar futures market. The announcement marks the latest step in Bybit’s journey to democratize financial services and provide automation and AI for customers to maximize their time and investment while trading. Designed to help reduce the risk and […]

valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced its investment in Hoods, the first and leading live entertainment commerce platform in the Middle East. valU’s investment aims to capitalize on Hoods’ unique platform to penetrate the fast-growing virtual shopping space and diversify its offering to both new and existing valU customers and merchants. […]