Finance | Page 4

Through Urventures, Arabian Automobiles is taking a step forward in its commitment to support the UAE's startup ecosystem by addressing business needs of SME entrepreneurs nationwide.

Tabby joins other payment methods available on the DubaiPay platform, including Apple Pay and Google Pay.

Failing to pay the due corporate tax for each month or part thereof shall be subject to a monthly penalty of 14% per annum.

As financial markets become increasingly complex, family offices have emerged as welcome market participants, offering haute-couture strategies that align with broader family values and long-term goals.

Oraseya Capital invests in pre-seed stage to Series B investment-ready startups in high-potential sectors such as AI, proptech, fintech, and cleantech.

Ascentium to establish a strong presence in the UAE and tap into emerging markets in the GCC region.

The IPOs of Talabat and LuLu Retail bring EFG Hermes' total GCC IPO count to nine this year, including three IPOs on the Dubai Financial Market (DFM) and two on the Abu Dhabi Stock Exchange (ADX).

Whether we are looking at digital wallets or AI-powered fraud detection, technological advancements are swiftly reshaping the world of payments, and those that embrace these new technologies with flexibility will be the winners of tomorrow.

"By expanding access to financial data and offering seamless payment solutions, we're fostering a more inclusive financial landscape across the region."

In just a little over a decade, fintech has advanced so rapidly that our current digital payment landscape would have been almost unimaginable not too long ago.

Today's CFOs do far more than just balance the books.

Business leaders, innovators, and entrepreneurs from across the globe will gather to discuss market disruptors and technologies shaping the world of digital commerce.

"This issuance not only supports Sharjah's ambitious infrastructure projects but also showcases our dedication to providing innovative financing solutions that align with the needs of our clients and investors."

The extension round follows Paymob's continued profitability in its core market of Egypt having recorded six times revenue growth since the initial Series B funding in Q2 2022.

Founded by tech entrepreneurs Farah Zafar and Dave Catudal, Lyvely stands out for its hybrid approach to disrupting socialfi.

By mirroring the value of the UAE dirham, which is amongst the world's most stable currencies, this stablecoin aims to bridge the gap between traditional finance and the digital economy.

Blockchain Life 2024 will feature a diverse range of panel discussions, keynote presentations, and the largest crypto expo with over 200 booths.

Knowing the difference between acceptable unprofitability and genuine financial trouble is crucial for investors and entrepreneurs alike.

The newly raised capital will be allocated to expand Mamo's product offering within the UAE and support testing its product lines in Saudi Arabia.

Unlike their full-time counterparts, fractional CFOs offer tailored expertise on a part-time basis, providing strategic financial guidance without the burden of a long-term commitment or the hefty price tag of a full-time executive.

Nclude has funded startups across fintech such as Paymob, Khazna, Lucky, and FlapKap, and it also has done investments in proptech, healthtech, foodtech, and agritech.

Egypt's investor landscape has a fair mix of local, regional, and international investors ploughing funds into the ecosystem.

Leo Capital has a unique focus- it aims to help companies access affordable and specialized talent in India, and also to enter the US market.

As a leading VC firm in Saudi Arabia, Impact46 has proudly backed startups on their path to the stock market, which is a milestone that presents itself as a celebration of the company's growth and legitimization of its sustainability.

With the journey their enterprises were on together coming to an end, Lahyani reflects on the successful founder-investor relationship he had with BECO Capital founder and CEO Dany Farha.

The second edition of Dubai Fintech Summit reaffirms the Emirate's aspirations to become a global fintech hub.