Wall Street Exchange (WSE), a subsidiary of FINTX, the financial arm of 7X, signed a strategic partnership agreement with TerraPay, a global money movement company, to drive efficiency, reliability, and affordability in international money transfers and promote financial inclusion. This collaboration is set to expand WSE’s payment channels via TerraPay’s network, making cross-border payments more […]
OmniOps, the first Saudi Arabia-based AI Infrastructure Technology provider, announced today the successful closure of a SAR 30 million (approximately $8 million) funding round from GMS Capital Ventures. This strategic anchor investment provides the company with the resources to scale its operations, enhance R&D, and advance AI infrastructure in Saudi Arabia. Founded in 2024, and […]
Tokinvest, a leader in real-world asset tokenisation, is pleased to announce the appointment of Mike Mingee as Chief Compliance Officer (CCO) and Money Laundering Reporting Officer (MLRO). Based in Dubai, Mike will oversee Tokinvest’s compliance framework, ensuring alignment with global regulatory standards and strengthening the company’s commitment to security, trust, and transparency. With over 30 […]
Dubai Sotheby’s International Realty has announced the sale of a magnificent nine-bedroom mansion in Hills Grove, Dubai Hills Estate for a record-breaking AED 200 million. This surpasses the firm’s previous record of AED 145 million set less than two months ago. Dubai Sotheby’s International Realty represented both buyer and seller in this landmark transaction, with […]
Bitget, the leading cryptocurrency exchange and Web3 company made its first-ever appearance in Saudi Arabia at the ETH Riyadh event. As one of the key sponsors of this prestigious gathering, Bitget showcased its commitment to fostering blockchain innovation in the Kingdom and beyond. The event, which took place from Dec 1st to Dec 3rd, provided […]
Northern Trust (Nasdaq: NTRS) today announced it has named Kashif Khalid as head of the Middle East and Africa (MEA) underscoring Northern Trust’s commitment to its client franchise across the region as it continues to invest in local expertise, infrastructure and capabilities to support clients’ evolving needs. In his new role, Khalid is responsible for the strategic development and […]
MedNet Group has appointed Daniel Whitehead as CEO in the Middle East and North Africa (MENA) region, effective November 2024. MedNet is a fully owned subsidiary of Munich Re, a global leader in reinsurance and integrated risk management solutions. MedNet is a managed care service provider specializing in delivering quality healthcare solutions that cater to […]
Ohana Development, the leading real estate developer renowned for its attainable luxury properties, announces its partnership with Jacob & Co., the global luxury timepiece and jewellery brand, to unveil ‘Jacob & Co. Beachfront Living by Ohana’. The development, which embodies exclusivity and craftsmanship, is set to redefine luxury beachfront living in Abu Dhabi, UAE, offering […]
DMCC – the leading international business district that drives the flow of global trade through Dubai – has announced the launch of the DMCC Crypto Centre Metaverse, representing a landmark application of the technology for one of the world’s leading Web3 ecosystems. Developed with Infinite Reality, a global leader in immersive technologies, the Metaverse will […]
ADGM, the UAE capital’s international financial centre, in collaboration with Hub71, ADIO, Aldar Properties, The Galleria, and Numou announced the launch of an ADGM Mobile App for an All-In-One business and lifestyle experience. The ADGM mobile app is designed to integrate the work-life experience, further solidifying ADGM’s position as a leading destination for business, innovation, […]
