Category Archives: Business & Investments

Business & Investments

Bitget Wallet Introduces Web3-Focused Bitget Onchain Layer With Dedicated $10M BWB Ecosystem Fund

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Bitget Wallet Introduces Web3-Focused Bitget Onchain Layer With Dedicated $10M BWB Ecosystem Fund

Global, May 17, 2024: Bitget Wallet has announced the launch of the blueprint of its upcoming product, the Bitget Onchain Layer, which promises to revolutionise the Web3 experience for its users.  The new initiative is supported by a dedicated $10 million BWB Ecosystem Fund. Initially, the ecosystem fund will support various Web3 trading services, including three already in the pipeline: Pre-Market, on-chain derivatives market, and Trading Bot. These Modular Feature-DApps (MFDs) will complement Bitget Wallet’s Swap trading service.

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Business & Investments

Vast Investment Opportunities in Indian Micro-Finance Sector For UAE: MFIN CEO

Vast Investment Opportunities in Indian Micro-Finance Sector For UAE: MFIN CEO

  • By 2027, MFIN anticipates the micro-financing loan portfolio in India to reach USD 80 billion, signalling ample opportunities for investors from UAE seeking both financial returns and social impact

May 14, 2024, Dubai, UAE: MFIN, the quasi-regulatory body (Self Regulatory Organisation) in the Indian micro-finance sector, has underscored the significant potential for investment in India’s micro-finance industry from the UAE market. With total micro-finance loan portfolio amounting to USD 50 billion and an outreach extending to 7.5 crore low-income women– a community often disempowered in society– India’s micro-finance sector has emerged as a pivotal force in fostering financial inclusion and empowering women in the country.

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Business & Investments

Axis Communications to showcase cutting-edge security innovations at ISNR 2024 in Abu Dhabi

Axis Communications to showcase cutting-edge security innovations at ISNR 2024 in Abu Dhabi

Abu Dhabi, United Arab Emirates – May 2024: Axis Communications, a leader in security and network surveillance solutions, will be participating in the 2024 edition of the International Exhibition for National Security and Resilience (ISNR). The event is scheduled to take place from 21 to 23 May at the Abu Dhabi National Exhibition Centre (ADNEC).

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Business & Investments

Yango Demonstrates Commitment to Africa Technology Growth and Entrepreneurship Empowerment at CEO Africa Forum 2024

Yango Demonstrates Commitment to Africa Technology Growth and Entrepreneurship Empowerment at CEO Africa Forum 2024

•     Yango Marks Its Second Attendance at the Africa CEO Forum as the Largest Ride-Hailing Player on the Continent by Country Footprint.

•    With Six Years in Africa, Yango Continues to Revolutionize Everyday Tech Services with Leading Ride-Hailing and Delivery Solutions

Dubai, UAE, 17th MAY 2024– Yango, one of the leading tech companies operating in Africa, showcased its continued commitment to the continent’s development at the CEO AFRICA Forum In Kigali on May 16-17, 2024. The forum brought together innovators, entrepreneurs, industry leaders, and public policy makers to discuss the future of technology and its impact on African cities.

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Business & Investments

Mint joins hands with S2M to transform financial services landscape

Mint joins hands with S2M to transform financial services landscape

  • Collaboration focuses on moving towards advancing financial inclusion and digital transformation enhancing the lives of underserved individuals and MSMEs
  • Mint Research expects SMEs in the UAE to reach one million by 2030
  • SMEs contribute 63.5% to non-oil GDP
  • Mint targets 5.8 million people from the workforce
  • Over 10 years, Mint has served over 600,000 customers and partnered with 6,000 telco merchants

Dubai, UAE (May 17, 2024): Mint, one of the leading payment solutions providers with its own distribution channels across the United Arab Emirates, has entered into partnership with S2M as part of its expansion plans.

Mint has embarked on a long-term partnership with S2M to introduce a modular core banking platform that prioritizes API-first architecture, cloud-agnostic capabilities, and high configurability.

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