News
Saudi Fintech Muhlah Raises $7.5M in Seed Funding Led by BIM Ventures
4+ hour, 21+ min ago (179+ words) The company, a spinoff from BIM Ventures, focuses on Shariah-compliant digital microfinance products for individual borrowers. Muhlah, a Saudi-based fintech focused on digital microfinance, has raised $7.5 million in a seed funding round as it builds regulated financial products for individual…...
12 Sharia-Compliant Fintechs Scaling Across the Middle East
1+ day, 23+ hour ago (132+ words) From halal robo-advisors to blockchain-powered Islamic super apps, a new wave of Sharia-compliant fintechs is scaling fast across the Middle East and they're just getting started. Rain (Bahrain " GCC-wide) Sarwa grew out of the DIFC sandbox with a halal portfolio…...
Dubai Virtual Assets Regulator Grants In-Principle Nod to Nawy Shares
1+ mon, 2+ day ago (226+ words) Nawy Shares has received in-principle approval from VARA, advancing plans to launch regulated tokenised real estate in Dubai. Nawy Shares, the tokenised real estate arm of SmartCrowd and part of the Nawy group, has received In-Principle Approval from Dubai's Virtual…...
MENA Startups Raise $563 Million in January 2026
1+ mon, 1+ week ago (182+ words) Fintech and proptech led the capital flow as early-stage activity dominated and business-to-consumer models attracted most funding. Investment activity across the Middle East and North Africa startup ecosystem picked up at the start of the year, as 42 MENA-based startups raised…...
Pine Labs & Wio Bank Partner on Digital Payments in the Middle East
1+ mon, 1+ week ago (142+ words) Wio Bank adopts Pine Labs" cloud-native acquiring stack as the UAE moves toward cashless commerce, scaling real-time payments and acceptance. As the UAE moves toward a cashless economy, Wio Bank, a digital financial platform, has partnered with Pine Labs, a…...
The Startup Investments That Turned Heads Across MENA in 2025
2+ mon, 1+ week ago (113+ words) From AI-driven food tech to digital fuel management and the world's first smart contact lenses, MENA startups raised billions across all funding rounds in 2025. In 2025, startups across the Middle East and North Africa raised billions of dollars of funding across…...
The UAE Startups That Made Millions in 2025
2+ mon, 1+ week ago (92+ words) From spend management platforms to payment infrastructure, these are the companies behind the ten largest funding rounds in the UAE this year. From spend management platforms and payment infrastructure to AI-driven solutions and SME financing, here are the startups behind…...
ABGM Attracts 11 Global Institutions Managing Over $9T in Assets
2+ mon, 2+ week ago (277+ words) Announced around Abu Dhabi Finance Week, the additions include Cantor Fitzgerald and BBVA, alongside a global crypto licence for Binance. Abu Dhabi Global Market (ADGM) is entering its second decade with the addition of 11 global institutions representing more than $9 trillion…...