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Corporate clients at Mashreq can now make instant payments
The service is integrated with the Central Bank of the UAE’s Aani
Etihad Cargo to start operating freighters to China
PLUS: AD Ports to upgrade Bangladesh ports
Comfi secures USD 5 mn debt facility for B2B payments expansion in UAE and KSA
The financing will also support Comfi expand its pay-later and pay-now solutions for B2B supply-chain businesses
CBUAE issues regulatory sandbox for fintechs
Businesses must launch their products in the UAE after exiting the sandbox
Now Money raises USD 4 mn in equity round
The money will be used to to scale up its operations and enhance its technology product offerings
Chinese EV manufacturer Nio to set up shop in the UAE before the end of the year
Plus: More healthcare and real estate news
EBS lands AED 225 mn steel supply contracts for UAE and Saudi projects
Plus: Parkin expands its private developer portfolio
UAE startups secured USD 353 mn in debt funding last year
The UAE ranked first in terms of transaction volumes
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