Noor Capital, the leading investment company and provider of financial services in the United Arab Emirates and the Middle East, is licensed and subjected to the regulation and supervision of the Securities and Commodities Authority in the United Arab Emirates and whose board of directors is chaired by the Emirati businessman Abdul Jabbar Al-Sayegh, announced […]
Singapore-based Mystifly, a leading vertical SaaS & marketplace provider for the airline industry announced today the conclusion of Pre Series B funding with CSVP (Cornerstone Venture Partners) bringing the total of this round to $8 million combined with earlier investments from RSI Fund I. LLC (a subsidiary of Recruit Co. Ltd.), Jenfi & Crusade Partners among […]
Arab Jordan Investment Bank (AJIB) and Standard Chartered Bank have entered into an agreement for the acquisition of Standard Chartered’s business in the Hashemite Kingdom of Jordan, following the approval of the Central Bank of Jordan. Under the agreement, the Corporate, Commercial & Institutional Banking (CCIB), and Consumer, Private & Business Banking (CPBB) businesses of […]
The Dubai property market continues to attract HNWIs and foreign investors with its ultra-luxury properties. Three of the world’s most expensive properties sold in 2022 were located in Dubai, according to the Zoom Property Insights. The Insights data further revealed that all three villas were located in Palm Jumeirah, which continues to be the preferred […]
Amazon Payment Services has been named the official payment service provider for Etisalat Egypt by e&, with Banque Misr as the online payments acquirer. Through this collaboration, Amazon Payment Services brings a reliable, safe, and simple checkout experience for Etisalat by e& Egypt customers paying for invoices across billing, subscription, and device purchases on its […]
Al Ansari Financial Services PJSC (under incorporation in the Emirate of Dubai, UAE, as a Public Joint Stock Company) (“Al Ansari Financial Services” or the “Group” or the “Company”), one of the leading integrated financial services groups in the UAE, today announces that following the completion of the book building and subscription process for its […]
LandVault, the largest metaverse construction company, has announced its strategic funding round with several web3 firms, including The Sandbox, a leading metaverse platform backed by Animoca Brands and Softbank, the Gemini Frontier Fund, HodlCo, and Kingsway Capital, a $3B hedge fund and a large shareholder in Animoca Brands. This comes after LandVault raised a total […]
Thanks to an injection of funding and raft of government-sponsored incentives Jordan now has one of the fastest-growing start-up ecosystems in the Middle East. A well-educated workforce and access to local and international funding have helped to create a “dynamic ecosystem” that makes it a strong location for start-ups, Ibrahim AlSafadi, CEO of Luminous Life+, […]
Wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, announced the launch of ‘Wasl Mosaic,’ a modern gated staff accommodation project in Al Warsan. Wasl Mosaic comprises 3,866 units across 33 buildings in a mix of shared, studios and one-bedroom apartments, with sizes ranging from 275 to 726 […]
Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume, hosted the first-ever virtual super meet-up in the MENA region with the Global CEO, Changpeng Zhao. As part of the session, Binance revealed the most loved features in the Middle East including earn, savings, and spot. The three features allow users […]
