UAE’s Mubadala Launches Two Funds in Tech Firms in Middle East
UAE’s state fund Mubadala Investment Company plans to invest $250 million through two funds in technology firms in the Middle…
FinTech
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Anglo-Gulf Trade Bank launches digital corporate accounts at Abu Dhabi Global Market
Anglo-Gulf Trade Bank, the world’s first digital trade bank, announced on Tuesday at Fintech Abu Dhabi that, starting in November…
Standard Chartered brings real-time onboarding to the UAE for the first time
Standard Chartered is now the first bank in the UAE to provide clients with instant digital credit cards. The…
Saudi Trade Finance Summit to focus on tech disruptions
The upcoming 7th Annual Saudi Trade Finance Summit in Riyadh, Saudi Arabia, will host experts who will discuss the disruptions…
Dubai Chamber and Emirates NBD to issue blockchain-powered trade finance solutions
Working with smaller order values and volumes, small and medium sized businesses who trade outside the UAE, or those interested…
Fintech Abu Dhabi festival kicks off with investor forum
Global investors are increasingly looking to the Middle East and North Africa for the next unicorn and high return investments,…
SoftBank to focus on AI and machine learning in hunt for new 'unicorns'
A partner at SoftBank’s Vision Fund said the “core focus” of the world’s biggest venture capital fund is artificial intelligence…
Mubadala launches $150 million fund of funds and $100 million direct fund, to invest in startups in MENA
UAE’s sovereign wealth fund Mubadala that has been actively making direct and indirect investments in the American and European startups…
Liv. customer wins private island in unique promotion
After an eventful six-month long campaign that saw thousands of UAE residents participate for the chance to win a private…
TransferWise is expanding in the Middle East with a new Abu Dhabi license
TransferWise, the $3.5 billion financial technology start-up backed by investors including Peter Thiel and Richard Branson, is expanding its money…
London-based $3.5bln TransferWise CEO optimistic on new UAE presence
Global cross-border payments company TransferWise has obtained a license from the regulatory authority of Abu Dhabi to launch its low-cost…
Oman's startup opportunity
The sultanate of Oman is gearing up to turbocharge its entrepreneurship ecosystem. While the Gulf state has not been traditionally…