Fintech News UAE

First Abu Dhabi Bank (FAB), the largest bank in the #UAE, and DBS Bank, Southeast Asia's largest bank, have signed a Memorandum of Understanding (MoU) to foster sustainable business and investment growth, while enhancing innovation across the #MiddleEast and #Asia. The collaboration will leverage the strengths of both institutions to expand offerings in international clearing services, #tradefinancing, and #corporatefinancing, creating broader access to key financial instruments for clients across these dynamic regions. Read more: https://lnkd.in/dAect2xE First Abu Dhabi Bank (FAB), DBS Bank, Martin Tricaud, Sanjay Sethi, Simon Ong, Sriram Muthukrishnan, Tan Su Shan, Khalil Al Moosawi #FintechNewsUAE #FAB #DBS #Partnership #Growth #Innovation #FinancialServices #UAE #SoutheastAsia #FIG #FinancialInstitutions #Tech #Innovation #Fintech #MiddleEast #MENA #UAEFintechNews

Vezeeta, the Middle East and Africa’s leading online doctor booking and clinic management platform, has announced the launch of “Vezeeta Lab,” a strategic creative hub designed to foster new opportunities, expand services, and boost regional growth across #Egypt and #Gulf nations, including #SaudiArabia and the #UAE. As its inaugural move, Vezeeta Lab has signed two significant #partnerships with Visa, the global payments leader, and NymCard, a top fintech service provider in the region. These partnerships aim to streamline operations and enrich user and doctor experiences by offering efficient, cutting-edge payment solutions. Utilizing advanced financial technologies, Vezeeta seeks to facilitate seamless transactions between patients and healthcare providers, ultimately simplifying appointment bookings and payment processes within the platform. Read more: https://lnkd.in/dz-R2JFc Vezeeta, NymCard, Visa, Malak El Baba, Omar El Moataz, Omar Onsi, Choucri Asmar, Ola Aly El Din #FintechNewsUAE #Vezeeta #Nymcard #visa #partnership #Vezeetalab #digitalhealth #FintechInnovation #DoctorBooking #HealthTech #UAE #Egypt #SaudiArabia #MiddleEast #Gulf #MENA #DigitalPayments #UAEFintechNews #

Network International, a leading enabler of digital commerce in the Middle East and Africa (MEA), and leading global digital payment and financial technology provider Ant International, have signed a Memorandum of Understanding to explore extension of innovative digital payment solutions to businesses in the #MiddleEast and #Africa, driving digital transformation and financial inclusion in the region. Read more: https://lnkd.in/dCemJBZt Network International, Ant International, Alipay+, Jamal Alsuwaidi, Nandan Mer, Peng Yang #FintechNewsUAE #NetworkInternational #AntInternational #Alipayplus #Partnership #Tech #Innovation #Fintech #Payments #DigitalPayments #PaymentInnovation #Banks #Tlecos #Africa #MiddleEast #MENA #UAEFintechNews

Tamara, a leading Buy Now, Pay Later (BNPL) provider, has announced a new strategic #partnership with geidea, one of the region’s largest fintech companies, aimed at transforming #payment solutions for merchants across #SaudiArabia and the United Arab Emirates. This collaboration will streamline and expedite the on boarding process for geidea merchants, both in-store and online, while enhancing the range of payment options available to customers in these key markets. Read more: https://lnkd.in/dfyzVyFH Tamara, geidea, Abdullah Faisal Al Othman, Abdulmajeed Alsukhan #FintechNewsUAE #Tamara #geidea #partnership #Payment #DigitalPayments #Tech #Innovation #PaymentInnovation #UAE #KSA #SaudiArabia #Fintech #UAEFintechNews

The ISSFJO - Innovative Startups and SMEs Fund, #Jordan’s largest #investment fund, has announced a $5 million #investment in Rua Growth Fund I LP, a $45 million venture capital fund focused on #Marketplaces, #Fintech, Enterprise Solutions, and #SaaS. This #partnership is part of #ISSF's ongoing commitment to fostering early-stage and growth-stage #startups within the #Jordanian entrepreneurial ecosystem. As part of this agreement, Rua Growth Fund has been mandated by #ISSF to reinvest the initial capital with a significant multiple in Jordanian startups, amplifying local growth and impact. Read more: https://lnkd.in/d7bcGNTq ISSFJO - Innovative Startups and SMEs Fund, Rua Growth Fund, MOHAMMED ALMUHTASEB, Turki Aljoaib, Dina Toukan, MSc, Hiba Nabulsi, Anas Elayyan #FintechNewsUAE #ISSFJO #RuaGrowthFund #Startups #Funding #Investment #Jordan #JordanianStartups #Founders #VCs #CapitalInvestment #Tech #Marketplaces #Fintech #MiddleEast #MENA #UAE #UAEFintechNews #GCC

Wa'ed Ventures, the $500 million venture capital arm of aramco, has announced a $100 million commitment to early-stage artificial intelligence (AI) investments, reinforcing #SaudiArabia's ambition to establish itself as a global leader in #AI. This significant move aligns with the Kingdom’s broader vision to position #AI as a key economic driver, with projections indicating that #AI could contribute $135 billion, or over 12% of Saudi Arabia's #GDP, by 2030, according to a recent #PwC report. Read more: https://lnkd.in/dung_v6R Wa'ed Ventures, Anas Algahtani, Qamar Aftab, CFA, ACCA, Fahad Alidi #WaedVentures #Investment #Funding #AI #AIStartups #Startups #SaudiStartups #MENA #MiddleEast #CapitalInvestment #StartupFunding #Tech #Innovation #Fintech #SaudiVision2030 #FintechNewsUAE #UAE

Saudi Arabia-based #Web3 provider Tharawat Green Exchange (TGE) has raised $450,000 in #investment from Adaverse, a Saudi Web3 and blockchain fund. This investment aligns with Saudi Vision 2030, a national initiative focused on environmental sustainability and economic diversification. Read more: https://lnkd.in/gBXq6NnH Tharawat Green Exchange (TGE), Adaverse, Yakeen Alzaki, Hassan Al Redha, Yasser N Alobaidan, Vincent Li #TGE #Adaverse #Funding #Investment #Web3 #Blockchain #Tech #GreenExchange #Environment #GreenRevolution #VCs #UAE #CapitalInvestment #Founders #SaudiStartups #Fintech #FintechNewsUAE #SaudiArabia #KSA #SaudiVision2030 #MiddleEast #MENA

Visa, a global leader in digital payments, has marked its 40th year of operations in #SaudiArabia with the opening of an advanced Innovation Center and new regional office in #Riyadh's prestigious King Abdullah Financial District (KAFD). This significant expansion aligns with Visa’s mission to support Saudi Arabia’s Vision 2030 by positioning the Kingdom as a global hub for fintech and digital commerce innovation. Read more: https://lnkd.in/dBaNJfGj Visa, Andrew Torre #FintechNewsUAE #Visa #VisaInnovationCenterKSA #DigitalPayments #SaudiArabia #SaudiArabia #KSA #SaudiVision2030 #UAEFintechNews

Pass Delivery, Qatar’s leading tech-driven #logistics startup, has successfully raised more than 10 million Qatari riyals in its latest #investment round, marking a significant milestone as it ramps up its regional expansion. The fresh #funding will empower Pass Delivery to accelerate development of advanced logistics solutions and improve fast, reliable delivery services, ultimately enhancing the daily lives of its users. Read more: https://lnkd.in/d5Bifpnc Pass Delivery, Bashar Jaber #PaasDelivey #Funding #Investment #Logistics #Startup #Expansion #LogisticsInnovation #Tech #Freight #load #VCs #Founders #Transportation #QatariStartups #capitalinvestment #Qatar #MENA #MiddleEast #UAE #FintechNewsUAE