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Tag: fintech

Posted on 05/04/2025

Meet Chandrakumari Shetty, wife of Dubai billionaire BR Shetty who was forced to sell his Rs 12400 crore company for just Rs 74 due to…

Dr. B.R. Shetty, the founder of NMC Health, was once a billionaire and a prominent figure in the business landscape of the United Arab Emirates (UAE). However, his empire came crashing down after U.S.

Posted on 04/04/2025

UAE Eid Al Adha expected dates; Dubai real estate top areas; New Saudi commercial law; Trump plans Gulf visit – 10 things you missed this week

Eid Al Adha in the UAE, Dubai real estate analysis, Donald Trump’s plans to visit the Gulf and more top news stories this week …

Posted on 04/04/2025

Technical snag hits Air India Express flight to Sharjah

Air India Express flight from Tiruchi to Sharjah delayed due to technical issues, passengers deboarded and accommodated on another flight.

Posted on 04/04/2025

Dubai rolls out new parking fees from April 4: Everything you need to know

For events at Dubai World Trade Centre, parking in the 200 surrounding spaces will cost AED25 per hour from 8:00 AM to 10:00 PM. Events scheduled for 2025 include: Under premium peak pricing, parking …

Posted on 04/04/2025

UAE’s Maseera acquires Egyptian fintech ADVA

Maseera Holding for Financial Investments (Maseera), a portfolio company of 2PointZero and part of International Holding Company (IHC), announced the acquisition of ADVA, an innovative Egyptian …

Posted on 04/04/2025

Fuse raises $6.6M to fix a payment problem for companies expanding to MENA

Dubai-based Fuse, which simplifies cross-border payments in MENA with API that provides virtual IBANs, has raised $6.6 million in seed.

Posted on 04/04/2025

Dubai’s tax-free salary vs India’s living cost: CA decodes if you plan to take up a job in UAE

Nitin Kaushik, a Chartered Accountant, underscores the high cost of living in Dubai, where rent, groceries, and transport are pricier than in India. He warns of job insecurity, as job loss leads to …

Posted on 04/04/2025

‘I have no interest in that’: Viral Dubai chocolate a ‘gimmick’, Bread Ahead boss says

Bread Ahead operates 9 locations in Dubai, Riyadh, and Jeddah, with plans to expand to 12 locations and 3 bakery schools by mid-2025, its founder exclusively told Arabian Business …

Posted on 04/04/2025

QED Leads $75 Million Round for Remittance Startup Felix

Remittance startup Felix Pago raised $75 million in a Series B round led by QED Investors as it looks to expand operations to more countries in Latin America and broaden its product offering. The …

Posted on 04/04/2025

Bank Frick Expands to Dubai

Bank Frick is expanding to Dubai with a new branch in the DIFC to enhance its blockchain and fintech presence in the Middle East.

Posted on 04/04/2025

Dubai’s business and tech culture tops Silicon Valley: NVIDIA, Amazon-backed startup founder

Frontier tech refers to emerging technologies at the cutting edge of scientific breakthroughs and real-world implementation. The startup he founded is called Nucleus AI, which has since worked with …

Posted on 04/04/2025

Dubai-based Bulgarian couple are in the business of parties that end at 10pm

Dubai-based Bulgarian couple Stoyan Angelov and Johana Angelova are redefining nightlife with a concept as refreshing as their relationship.Please Leave by 10 is their brainchild—a party that starts …

Posted on 04/04/2025

Fifteen Bermudian women attend conference in Dubai

Bermuda took centre stage last week as Tinee Furbert, Minister of Youth, Social Development and Seniors, led a delegation at the International Women’s Leadership Conference in Dubai. The event was …

Posted on 04/04/2025

Understanding the Role of FinTech in Online Casino Operations

Online casinos have developed rapidly over the years, and much of that change has been fuelled by financial technology.

Posted on 03/04/2025

Illegal Betting On UAE Fintech’S Platform: Court Takes Note Of Fresh Complaint By ED

In fresh trouble for a tainted UAE-based Fintech Company, a Special Court in Delhi has taken congnisance of a Supplementary …

Posted on 03/04/2025

Payments Fintech Fuse Raises $6.6 Million, Targets MENA Region

Fuse, founded by TrueLayer veterans, has raised $6.6 million in a funding round led by Northzone. Other investors include Flourish Ventures, Alter Global, and …

Posted on 03/04/2025

Impact of Trump’s tariffs on UAE will be ‘multifaceted’ but ‘minimal’, say experts

The imposition of a 10 per cent tariff on UAE by US president Donald Trump will have a multifaceted but minimal impact on the country’s economy, according to experts. However, some noted that …

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