The oldest myth in investing meets the UAE’s lowest-cost entry point of the year. The UAE summer has a rhythm. The heat clears the calendar. Evenings stretch out. The relentless pace of the year quietly pauses and for the first time in months, there’s actually time to think. For a lot of people, that means […]
CAIRO, Egypt: Egypt-based e-commerce logistics startup Mylerz has raised more than EGP100 million (over $2 million) in a new debt and equity funding round from its existing shareholders to accelerate its expansion across the Egyptian market. The funding round was led by Lorax Capital Partners, with participation from Fawry and a group of existing investors. […]
Cairo: Valu, a leading universal financial technology powerhouse in the Middle East and North Africa (MENA), has announced the launch of its new loyalty program, the first instant cashback loyalty program for payments in Egypt. The program introduces a fundamentally new approach to customer rewards by granting cashback instantly upon transaction completion, eliminating the need for […]
June 30, 2026 Redefining how the world’s professionals connect, grow, and monetize their expertise. Cairo, Egypt: BrainsMingle.com, an AI-driven, video-first professional network designed to prioritize authentic human connection, today announced a $400,000 strategic seed investment from BasharSoft Group. As Egypt and MENA’s leading human capital technology institution, BasharSoft’s investment marks a pivotal moment in the evolution […]
QNB Oman and AmwalPay have announced the signing of a strategic partnership agreement aimed at enhancing digital payment acceptance services and supporting businesses and merchants across the Sultanate of Oman through advanced payment solutions and modern acquiring capabilities. The agreement was signed by Khalid Mohammed Al Barwani, Chief Executive Officer (CEO) of QNB Oman, and […]
The collaboration will support stablecoin-powered payments, treasury, and digital asset solutions for businesses and financial institutions across the Middle East and beyond Manama, Kingdom of Bahrain – June 2026 – INFINIOS, a leading fintech innovator headquartered in the Kingdom of Bahrain, and Circle Internet Financial, LLC, a subsidiary of one of the world’s leading financial […]
Cairo:Beltone Asset Management, a subsidiary of Beltone Holding, has partnered with Telda, the fintech platform specializing in digital financial services, to broaden access to Beltone’s investment products and mutual funds through Telda’s digital platform. The partnership aims to simplify access to investment solutions by enabling Telda users to investment funds established and managed by Beltone […]
Ras Al Khaimah, UAE — The agentic economy stopped being theoretical this week. With the world’s largest payment networks now opening their rails to autonomous AI agents — credentialed, permissioned, and settling transactions at machine speed — the question facing every financial institution and enterprise has shifted from whether software agents will transact with one […]
Cairo: Abu Dhabi Commercial Bank – Egypt (ADCB Egypt), a subsidiary of ADCB Group, one of the UAE’s leading banks, announced today that it has entered into a strategic partnership with EFG Hermes, an EFG Holding company, and the leading investment bank in the Middle East and North Africa (MENA), to launch the bank’s first mutual […]
Blnk, a fintech company on a mission to enable financial inclusion through rapid point-of-sale financing, has raised $12.5 million in equity funding and $24.6 million in local debt facilities. The funding will scale its consumer finance operations in Egypt, with a focus on onboarding women and the underbanked, by offering flexible loan sizes for a […]