Doha, Qatar – Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) announced that its Saudi subsidiary, Lesha Capital, has been officially granted the Managing Investments and Operating Funds license by the Capital Market Authority (CMA) in Saudi Arabia in addition to its existing advisory license. This approval enables Lesha Capital to operate as a fully regulated […]
Doha, Qatar — February 9, 2026: Rasmal Ventures announced that Hamad Al-Hajri, Founder and CEO of Snoonu, has joined as an investor in its flagship vehicle, Rasmal Innovation Fund I, which is backed by the Qatar Investment Authority, with the willingness to also be involved in the future parallel funds that Rasmal Ventures will launch. […]
Doha, Qatar: Qatar Development Bank announced the signing of a Memorandum of Understanding with Ooredoo during the third edition of Web Summit Qatar 2026, one of the region’s leading global technology events. The MoU aims to establish the “Digital & Beyond Ventures” platform, marking a new phase in the strategic partnership between the two entities to […]
The collaboration reflects Dukhan Bank’s strategic focus on advancing its digital banking offering and exploring innovative investment experiences aligned with evolving customer expectations. Doha, Qatar: Dukhan Bank has signed a Memorandum of Understanding (MoU) with DriveWealth, a global financial technology company providing Brokerage-as-a-Service through cloud-based APIs, on the sidelines of Web Summit Qatar 2026. The […]
PayTic, a leading fintech modernizing and automating day-to-day payment operations for banks, fintechs, and processors, today announces that Arab Bank has become the first Bank in the Middle East to adopt its platform — marking a landmark moment in the region’s payment infrastructure evolution. Founded in 2020, PayTic provides a no-code, processor-agnostic platform that automates […]
Doha: Hydrovest Technology Trading and Contracting W.L.L, a Doha-based company that develops climate-smart agricultural solutions, crops, and value-added products, today announced the successful close of an investment round totaling QAR 1,000,000. The funding will be deployed to accelerate commercial production, complete a factory fit-out in Birkat Al Awamar, Logistic Park A, Al Wakrah, scale R&D […]
Doha, Qatar – PayLater, Qatar’s leading and licensed Buy Now, Pay Later (BNPL) platform, has announced the successful closing of a USD 10 million Seed funding round. The round was led by LuLu Alternative Investments Portfolio, with strategic participation from Qatar Development Bank and KBN Holding, alongside a group of angel investors. This funding round ranks among […]
Doha – QNB Group, the largest financial institution in the Middle East and Africa (MEA), has become the first bank in the region to exceed a banking brand value of US$10 billion, a major milestone driven by constant strong financial performance and robust sustained growth. QNB has seen the value of its brand surge to US$10.3 billion, […]
AmwalPay has announced a strategic partnership with Bank Nizwa, reflecting a broader shift in how banks approach the enablement of digital payment services within the Sultanate of Oman. Under this partnership, AmwalPay enables Bank Nizwa to offer digital payment services to its merchants under the bank’s own brand, identity, and commercial framework. Bank Nizwa retains full […]
Doha – Qatar: Qatar Financial Centre (QFC), a leading onshore financial and business hub in the region, announces its relocation to its new headquarters at Lusail Boulevard and the official transition of all operations to the new premises. The relocation to Lusail marks a key milestone in QFC’s long-term growth strategy, positioning the Centre at the […]