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Tag: fintech

Posted on 10/05/2023

UAE-based fintech TWIG raises seven-figure pre-Seed round

UAE-based fintech TWIG has secured an undisclosed pre-Seed round “exceeding $1 million”, backed by Phoenician VC, MMK Capital, Soul Ventures, regional family offices and other angel investors. Founded …

Posted on 10/05/2023

Watch: UAE astronaut makes surprise video appearance from space at Abu Dhabi climate event

AlNeyadi explains how crew members aboard the ISS are generating oxygen from water to sustain their lives there …

Posted on 10/05/2023

80% faster signup for Free Zone licensees with one-click access – IFZA and Mashreq announce partnership

IFZA Licensees will be able to open a Mashreq NEOBiz account at a click of a button through Mashreq’s NEOBiz Connect API (Application Programming Interface) …

Posted on 10/05/2023

Abu Dhabi to host 2023 MPL MENA Spring Split Playoffs at Pixoul Gaming in Al Qana

The region’s biggest MPL MENA Spring Split Playoffs offer gaming fans the chance to participate in fun activities, win merchandise and rewards, as well as watch and support their favourite teams …

Posted on 10/05/2023

UAE business leaders want robots to make their decisions, says study

The study surveyed more than 14,000 employees and business leaders across 17 countries including the UAE and Saudi Arabia UAE business leaders want robots to make their decisions, says study AI …

Posted on 10/05/2023

Dubai residents able to pay rent monthly with credit card, no cheques with new startup platform

Dubai residents can now bid farewell to upfront rent payments as a new “rent now pay later” service introduces convenient monthly rent payment options, easing the financial burden and debt management …

Posted on 10/05/2023

Dubai property firm Deyaar posts 125% surge in Q1 profit

Deyaar’s net profit reached Dhs56.4m in the first three months of 2023 from Dhs25m in the same period last year …

Posted on 10/05/2023

Dubai Customs recognizes partners’ contribution to successful Ramadan initiatives with appreciation ceremony

Dubai Customs organized an appreciation ceremony for its partner including government and private entities, volunteers, and employees, to recognize thei …

Posted on 10/05/2023

High hopes for trade pact with UAE

Thailand and the United Arab Emirates (UAE) yesterday announced the launch of their first free trade agreement (FTA).

Posted on 10/05/2023

The UAE’s transition to a net-zero future

The United Arab Emirates is leading climate action through investments in advanced technology and partnerships with other nations and private sector leaders.

Posted on 09/05/2023

Novogratz Says Galaxy Is Moving More Crypto Operations Offshore

Michael Novogratz, the founder of crypto financial services firm Galaxy Digital Holdings Ltd., said his company is moving more operations offshore in part due to the regulatory environment in the US.

Posted on 09/05/2023

Man jailed, fined Dhs100,000 for importing drugs through a postal parcel in Dubai

The defendant brought narcotic drugs by a postal parcel from the United States but claimed that one of his friends sent it to him without his knowledge.

Posted on 09/05/2023

ZEX PR WIRE Joins Dubai Fintech Summit by DIFC as Content Distribution Partner 2023

ZEX R WIRE ™ is delighted to announce that they joined Dubai Fintech Submit by DIFC as Content Distribution Partner. The Summit will be organized by …

Posted on 09/05/2023

Abu Dhabi Crown Prince approves Dh85bn plan to build 76,000 homes

Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, has approved a Dh85.4bn community master plan to build 76,000 homes and residential plots for citizens in the capital over the next five years.

Posted on 09/05/2023

Novogratz’s Galaxy Digital Turns Profitable on Crypto Markets Rebound

Michael Novogratz, the founder of crypto financial services firm Galaxy Digital Holdings Ltd., said his company is moving more operations offshore in part due to the regulatory environment in the US.

Posted on 09/05/2023

Total-led consortium to start drilling offshore Lebanon in September

A consortium led by TotalEnergies will start drilling for oil and gas off the coast of Lebanon at the beginning of September, the country’s caretaker energy minister Walid Fayyad said on Tuesday.

Posted on 09/05/2023

NIA quizzes passenger from Sharjah at Tiruchi airport

Officials of the National Investigation Agency (NIA) conducted an inquiry with a passenger at Tiruchi international airport upon his arrival from Sharjah on Tuesday morning. The passenger, identified …

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