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Tag: fintech

Posted on 14/01/2025

UAE signs trade deals with Malaysia and New Zealand

The UAE on Tuesday signed Comprehensive Economic Partnership Agreements with Malaysia and New Zealand as the Arab world’s second largest economy continues to bolster trade and economic ties with …

Posted on 14/01/2025

Egypt’s MSMEDA Allocates US$3 Million to Back Local Startups

Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has inked a US$3 million investment agreement with Egypt-based early-growth stage venture capital fund Foundation Ventures (FV) …

Posted on 14/01/2025

Report: VC in emerging markets plummeted by over 40% last year

Dubai VC investments in emerging markets such as the Middle East and North Africa (MENA) plummeted by over 40% compared to 2023, according to a new report. The data mirrors the wider global trend of …

Posted on 14/01/2025

Malaysia’s Yinson secures deal with investors including Abu Dhabi for US$1 billion funding

MALAYSIAN energy infrastructure firm Yinson Holdings said it has signed an agreement with a consortium of investors for a funding round in its unit that makes vessels used by the offshore oil and gas …

Posted on 14/01/2025

UAE President, New Zealand Prime Minister witness signing of Comprehensive Economic Partnership Agreement

Leg-spinner Yuzvendra Chahal’s maiden six-wicket for India as the hosts beat England by 75 runs in the third and final Twenty20 International …

Posted on 14/01/2025

Abu Dhabi’s ADIA Buys Stake in Canadian Firm in Hedge Fund Push

The Abu Dhabi Investment Authority is buying a minority stake in a Canadian platform that makes it easier to allocate capital to multiple hedge funds.

Posted on 14/01/2025

Abu Dhabi calls on pet owners to register cats and dogs

Abu Dhabi has called on pet owners in the emirate to register cats and dogs in the emirate. The Department of Municipalities and Transport (DMT) is encouraging pet owners to register their cats and …

Posted on 14/01/2025

Sharjah Chamber, Jordanian delegation discuss strengthening trade, investment cooperation

The discussions focused on enhancing private sector communication, increasing investments, and exploring opportunities …

Posted on 14/01/2025

Bank Alfalah invests in UAE fintech Jingle Pay for 9.9% stake

UAE-based remittances fintech Jingle Pay has raised funding from Bank Alfalah, a Pakistan-based bank, for a 9.9% stake.

Posted on 14/01/2025

NMDC Energy inaugurates advanced fabrication yard in Saudi Arabia to drive regional growth

Ras Al Khair yard will deepen NMDC Energy’s project portfolio to meet increasing regional energy and manufacturing demand …

Posted on 14/01/2025

NMDC Energy opens $54.5mn advanced fabrication yard in KSA

The 400,000 sqm yard in Ras Al Khair yard will feature the latest technology and provide offshore facilities fabrication as well as onshore modularisation …

Posted on 14/01/2025

GMC to be governed by 18 Singaporean and 10 Abu Dhabi laws

Singapore’s 18 common laws and 10 Abu Dhabi Global Market financial services laws will govern Gelephu Mindfulness City. These laws, outlined in GMC Law …

Posted on 14/01/2025

Like ‘London 20 years ago’: Why global entrepreneurs are betting big on Dubai, everything you need to know

UAE has emerged as a global hub for entrepreneurs, offering a blend of tax benefits, strategic location, and business-friendly policies. According to Vadim Kouznetsov, Founder of JobX Dubai and …

Posted on 14/01/2025

Dubai Real Estate Trends 2025: Why Now Is the Time to Invest in Dubai

Dubai has long been a global hub for real estate investment, offering a unique blend of comfort living, tax-free benefits, and a rapidly growing economy. As …

Posted on 14/01/2025

German Customs confiscates 90kg of Dubai chocolate from woman

Officials at Hamburg airportconfiscated 90kg of luxury chocolate from a 33-year-old woman flying in from Dubai last month. The woman had not declared her 460 bars of chocolate, which weighed 200g each …

Posted on 14/01/2025

MENA Region’s Online Payments Platform Telr Partners with Apaya

Telr, the online payment gateway in the MENA, serving over 30,000 merchants across the region, announced a partnership with Apaya.

Posted on 14/01/2025

Malaysia to start talks for a Gulf free trade deal after Cepa with the UAE

Malaysia will start negotiations for a free-trade agreement with the Gulf countries in May as the South-East Asian nation aims to further strengthen trade and economic ties with the six-member bloc.

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