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Tag: fintech

Posted on 24/01/2025

African fintech Moniepoint gets Visa backing, plans to work on contactless payments

Visa invests over $10 million in African fintech Moniepoint to support SME growth across Africa, including introducing contactless payments.

Posted on 24/01/2025

Visa invests in Nigerian fintech Moniepoint to boost African SMEs

Moniepoint Inc., a top business payments and banking services platform in Nigeria, has received an investment from digital payments global leader, Visa (NYSE: NYSE:V). This investment signifies a …

Posted on 24/01/2025

“We Got Funded!” UAE-Based Pluto US$4.1 Million Pre-Series A Round Follows Launch of Platform That Supports Over 30,000 SMEs

D ubai-based corporate card and expense management platform Pluto has raised US$4.1 million in a pre-Series A funding round. The round was led by existing and new investors, inclu …

Posted on 24/01/2025

Taraf breaks ground on Abu Dhabi’s first W Hotels branded residences

The project, blending bold and unexpected design with luxury hospitality, is billed to create an iconic addition to Abu Dhabi’s real estate market …

Posted on 24/01/2025

Abu Dhabi suspends 2 industrial facilities over pollution, violation of environmental laws

The Environment Agency urged all industrial facilities to adhere to regulations that safeguard human health and preserve nature …

Posted on 24/01/2025

UAE at risk of wipeout in £600m loan linked to blocked Telegraph bid

The United Arab Emirates is at risk of total wipeout on a £600m loan it provided to the Barclay family as part of its doomed bid for control of The Telegraph …

Posted on 24/01/2025

UAE IPOs 2025: What market conditions would need to exist for Dubizzle and Etihad Airways to go public?

The UAE’s national carrier Etihad Airways could raise around $1 billion, while online marketplace Dubizzle might target a valuation between $500 million and $1 billion, according to Al Ramz Capital …

Posted on 24/01/2025

Trump’s $500 Billion AI Deal Includes Funding by UAE Royal Family Linked to Astonishing Number of Scandals, Including Human Torture

Donald Trump’s lucrative $500 billion AI infrastructure project, dubbed Stargate, is being funded by an Abu Dhabi-based investment company called MGX, which is being led by the United Arab Emirates’ …

Posted on 24/01/2025

Global trade will grow in 2025 despite tariff threats, says UAE minister

Global trade is expected to grow in 2025 despite threats by US President Donald Trump to impose new import tariffs, UAE’s minister of state for foreign trade Thani Al Zeyoudi has said. The momentum in …

Posted on 24/01/2025

How Dubai and Singapore compare for business and a luxury lifestyle, according to an entrepreneur

Alessandro Palombo told BI Dubai and Singapore are both great cities for doing business but a luxury lifestyle can look very different in each hub.

Posted on 24/01/2025

IMF projects UAE economic growth to remain around 4 pct in 2025

ABU DHABI, Jan. 23 (Xinhua) — The International Monetary Fund (IMF) has projected the United Arab Emirates (UAE) to maintain an economic growth of around 4 percent in 2025.

Posted on 23/01/2025

The UAE Signals a Strategic Realignment as Trump Returns to Office

The UAE’s LNG expansion plans and recent deals with Germany suggest a potential realignment towards the US after a period of strained relations.

Posted on 23/01/2025

World Finance Council Announces WFC Fintech 2025 Dubai: Redefining The Future Of Finance And Technology

DUBAI, UNITED ARAB EMIRATES, January 23, 2025 /EINPresswire / — The World Finance Council proudly unveils the highly anticipated WFC Fintech …

Posted on 23/01/2025

UAE strengthens its role as Africa’s leading investor Business Africa

The UAE has become Africa’s leading investor, pouring billions into renewable energy, infrastructure, and other critical sectors and despite regional challenges such as inflation and climate concerns, …

Posted on 23/01/2025

Dubai’s blockchain revolution in 2024: Growth and challenges explained

The UAE’s proactive approach to blockchain and crypto innovation drove record-breaking growth in 2024. Here is how Dubai has been innovating and spearheading growth in the sector.

Posted on 23/01/2025

Abu Dhabi’s MGX Helps Bankroll Trump’s $100 Billion AI Plan

A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence infrastructure, backed by three of the biggest names in tech – OpenAI, …

Posted on 23/01/2025

Oraseya Capital Tops The List of Most Active UAE-Based Investors in 2024

Oraseya Capital invests in pre-seed stage to Series B investment-ready startups in high-potential sectors such as AI, proptech, fintech, and cleantech.

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