Tagged: middle east

June 10, 2026 @ 1:46 am By Omar Faridi  |  

Oliver Wyman indicated that geopolitical conflicts in the Middle East have elevated risk assessment as a core element in Gulf Cooperation Council (GCC) private capital decisions. Several research reports have suggested that investors now weigh energy disruptions, maritime uncertainties, and broader volatility more heavily when… Read More

May 28, 2026 @ 1:05 am By Omar Faridi  |  

Hyperliquid’s native token HYPE briefly exceeded the market capitalization of the popular meme coin Dogecoin (DOGE). This development occurred during a period of heightened volatility, where privacy-centric cryptocurrencies experienced notable declines while global markets reacted to escalating tensions in the Middle East. HYPE achieved this… Read More

May 25, 2026 @ 3:10 pm By Omar Faridi  |  

Iran has initiated conversations with Oman regarding a potential collaborative arrangement to implement a payment mechanism for ships navigating the Strait of Hormuz, a vital chokepoint for global energy supplies. This development highlights ongoing tensions, as it suggests that Washington and Tehran remain far from… Read More

May 3, 2026 @ 6:16 pm By Omar Faridi  |  

Fintech firm Ripple, a key player in blockchain-enabled solutions for finance, has announced a major step forward in its regional strategy with the launch of a new headquarters for the MEA in Dubai’s International Financial Centre (DIFC). This development underscores the company’s dedication to supporting… Read More

April 19, 2026 @ 2:08 pm By Omar Faridi  |  

Tabby, a fintech company currently operating in the Middle East, has obtained a Stored Value Facilities (SVF) license from the Central Bank of the United Arab Emirates. This regulatory approval, announced in mid-April 2026, represents a significant advancement for the firm as it broadens its… Read More

April 7, 2026 @ 11:27 pm By Omar Faridi  |  

In the Middle East, fintech investors are increasingly channeling resources into sturdy domestic infrastructure as geopolitical tensions mount. While war-related instability is clearly dampening the speed of deal-making across the region, it does not appear poised to shut off capital inflows entirely. Instead, funding is… Read More

February 12, 2026 @ 10:32 am By Omar Faridi  |  

The global fintech landscape in 2025 as well as early 2026 reveals a state of contrasting developments across regions. In the United Kingdom, once a powerhouse of financial innovation, investment experienced a notable downturn. Funding for UK fintech companies dropped 21% in 2025, reaching approximately… Read More

January 28, 2026 @ 11:31 pm By Omar Faridi  |  

Wio Bank, a digital banking platform based in the UAE, has entered into a strategic alliance with Pine Labs, an international fintech company specializing in payment solutions. This collaboration aims to overhaul merchant acquiring systems by introducing cloud-based technology that eliminates outdated dependencies. Announced recently… Read More

January 12, 2026 @ 1:42 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the international financial centre in the UAE capital, has taken another significant step forward in supporting its real estate sector. Through its Registration Authority (RA), ADGM recently announced a new integrated suite of real estate services, building upon the comprehensive… Read More

December 13, 2025 @ 2:31 pm By Omar Faridi  |  

Crypto.com and LuLu Financial Holdings (LuLuFin) have announced a strategic partnership to develop regulated digital asset capabilities across multiple markets, starting in the UAE. The collab will reportedly integrate Crypto.com’s trading infrastructure, custody, and payment technologies with LuLuFin’s financial services and global network, while adhering… Read More

November 30, 2025 @ 5:30 pm By Omar Faridi  |  

erad, the Riyadh-headquartered alternative financing platform for SMEs, has partnered with Jefferies (NYSE: JEF) (with co-investment from Channel Capital) to secure $125M in a credit deal, in order to accelerate embedded finance solutions across the GCC region. After the transaction is completed, it will mark… Read More

November 27, 2025 @ 5:43 am By Omar Faridi  |  

Animoca Brands announced it has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial center of Abu Dhabi, the Capital of the UAE, to operate as a regulated Fund Manager. Currently subject to the fulfillment of conditions and… Read More

November 26, 2025 @ 4:21 pm By Omar Faridi  |  

Mastercard (NYSE: MA) launched Mastercard Access Pass, a program that enables issuers and partners to deliver experiences and perks to deepen consumer connections. Debuting with the McLaren Formula 1 Team and First Abu Dhabi Bank (FAB) in the UAE, Access Pass will enable FAB cardholders… Read More

November 19, 2025 @ 5:31 pm By Omar Faridi  |  

Thunes, the so-called Smart Superhighway to move money across the globe, announced that First Abu Dhabi Bank (FAB), the UAE’s Global bank, and one of the world’s largest financial institutions, has reportedly selected Thunes as its provider to support international mobile wallet payouts via its… Read More

October 22, 2025 @ 7:11 pm By Omar Faridi  |  

MoneyHash, the payment orchestration platform in emerging and global markets, has partnered with Tabby, the Saudi Arabia–headquartered financial services app. This collab offers merchants seamless access to flexible Tabby payments across the UAE and KSA via MoneyHash’s unified API. Businesses are now able to activate… Read More

October 22, 2025 @ 7:10 pm By Omar Faridi  |  

Tamara recently announced that it has officially received a restricted finance license from the Central Bank of the UAE (CBUAE). As a financial technology platform operating across the United Arab Emirates, Tamara claims that it has cemented its position as a key financial partner. Achieving… Read More

October 14, 2025 @ 8:09 am By Omar Faridi  |  

Tabby, a financial services app, announced that it is now deploying NVIDIA HGX systems to start developing and testing its AI capabilities to serve a growing base of clients and merchants. The investment helps with establishing local AI factory infrastructure that supports tech advancements while… Read More

October 13, 2025 @ 3:41 pm By Omar Faridi  |  

Foris DAX Middle East FZ-LLC (trading as Crypto.com) announced that it has received In-Principle Approval (IPA) from the Central Bank of the United Arab Emirates (CBUAE) for a Stored Value Facilities (SVF) license, claiming it becomes the “first” Virtual Asset Service Provider (VASP) in the… Read More

September 29, 2025 @ 8:49 am By Omar Faridi  |  

The Saudi Central Bank (SAMA) announced the approval of using the “Visitor ID” for opening bank accounts at banks in the Kingdom of Saudi Arabia, in “accordance with banks’ account opening rules.” The “Visitor ID,” issued by the Ministry of Interior, “serves as an official… Read More

September 28, 2025 @ 12:30 pm By Omar Faridi  |  

In a move signaling its commitment to the burgeoning Middle East market, Airwallex, the Melbourne-headquartered global financial platform, has unveiled updates designed to enhanc its regional footprint. The announcement from Fintech Airwallex encompasses pivotal regulatory approvals, foundational infrastructure setups, and high-impact partnerships. These developments come… Read More