Fintech

UAE robotic startup Micropolis raises $4 million from Mindrock Capital seed round

Dubai-based robotics and autonomous technology start-up Micropolis has raised $4 million in a new investment…

AMD completes its acquisition of Xilinx for leadership computing and graphics

Reportedly, AMD has completed its acquisition of Xilinx in an all-stock transaction. The acquisition was…

UAE digital bank Zand wins backing of investors like Franklin Templeton and Aditya Birla

It is true that Zand, a digital bank helmed by Dubai businessman Mohamed Alabbar, has…

Mashreq uses Israeli monitoring tool ‘ThetaRay’ to detect financial crimes

It is true that Emirati bank Mashreq will use a transaction monitoring tool for correspondent…

UAE Innovates showcases inclusive initiatives to protect its system’s financial integrity

Reportedly, the UAE has adopted technologies at a rapid pace, a move that has allowed…

IDnow announces launch in Dubai to enter MENA’s $800 million digital identity verification market

Reportedly, more than half of businesses in the MENA region have faced new financial crime…

FENIX to make micro-mobility more inclusive in the Greater Middle East

Surprisingly, FENIX is the leading electric mobility operator in the Greater Middle East that aims…

Synaptech Capital funds $100m in Israeli technology startups

Reportedly, Synaptech Capital, a UAE-based company, announced a new $100m fund on Wednesday aimed at…

Meta’s experiment with cryptocurrency, Diem shuts down

It is true that Meta’s experiment with cryptocurrency, Diem, is shutting down. The Diem Association,…

Why is Crypto crashing and where is it headed?

Cryptocurrencies are off to a bad start in 2022. As many have pointed out over…