Fahim Al Qasimi discusses active cultural and economic relations with Hungary’s Minister of Culture and Innovation

Sheikh Fahim Bin Sultan Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, has applauded Hungary for strengthening links with the UAE through its active economic cooperation and participation in cultural and tourism events held in the country. In a meeting held in Budapest with HE János Csák, Hungary’s Minister of Culture […]

Saudi Aramco Entrepreneurship Center (Wa’ed) leads $50 million Series B round in Islamic fintech Wahed

Wahed Inc. (Wahed), a global Islamic fintech company, today announced that Wa’ed Ventures, the venture capital arm at Saudi Aramco Entrepreneurship Center (Wa’ed), is leading their $50 million Series B funding round with HSBC acting as lead financial advisor. Other investors in this round include footballer Paul Pogba, who has also joined Wahed as their latest brand ambassador, […]

SNAP Brands Ventures Ltd. Receives $10 Million Financing Commitment from Alpha Blue Ocean

SNAP Brands Ventures Inc. (“SNAP”) is pleased to announce that it has executed a letter of intent for financing commitment of $10 Million Dollars (CAD) from Alpha Blue Ocean (“ABO”), towards the development and deployment of SNAP’s state-of-the-art Telehealth Application, ÜRBIOCODE. SNAP’s Telehealth application uses audio signal processing and machine learning to analyze 30-second audio clips of a user’s […]

CoinMENA receives provisional license from Dubai’s VARA

CoinMENA, the Sharia-compliant digital asset exchange company licensed and regulated by the Central Bank of Bahrain, has obtained a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA) to continue its business operations in Dubai while it undertakes the in-depth process of applying for a license, in accordance with VARA requirements. VARA, serving […]

UAE FinTech start-up QFIL Solutions wins ‘Best FinTech AI solution’ at top international industry awards

QFIL Solutions – a leading UAE FinTech start-up – has scooped the ‘Best Fintech AI Solution’ award in the IFX EXPO International – Ultimate Fintech Awards 2022, recently held at a glittering event attended by top-level international fintech executives in Limassol, Cyprus. QFIL Solutions claimed the top prize for its product MAGUS AI – an AI-driven trading solution that […]

Diwan signs strategic partnership with University of Strathclyde

Diwan—Bahrain’s ground-breaking, curated and innovative co-working space announced today a long-term strategic partnership with the University of Strathclyde that offers students, staff and alumni the opportunity to become part of Bahrain’s leading hub for a connected community. Based in the heart of Adliya at the iconic architectural landmark The Terminal building, Diwan is a new […]