FME Staff

Lean Expands Pay by Bank Under UAE Open Finance Framework

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The UAE’s digital payments ecosystem is entering a more structured phase as Lean Technologies expands its Pay by Bank capabilities under the country’s newly operational Open Finance framework. The move marks a transition from early adoption to regulated scalability, positioning account-to-account payments as a core component of the financial landscape. By consolidating deposits, collections, checkout, […]

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Metafare Secures $1 Million to Expand Virtual Wellness Platform

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Saudi Arabia based healthtech startup Metafare has raised $1 million in its first funding round, backed by Harmonics Ventures and a group of family offices. The funding marks an important step as the company looks to scale its virtual wellness platform powered by artificial intelligence and virtual reality. Founded in 2025 by Ibrahim Almaghlouth, Metafare

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Sarwa Crosses $1 Billion in Client Assets, Marking UAE Fintech Milestone

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Uae based investment platform Sarwa has surpassed $1 billion in client assets, becoming the first UAE founded fintech to reach this milestone. The achievement highlights a turning point not only for the company but for the wider financial technology landscape in the region. Founded in 2017 within the Dubai International Financial Centre ecosystem, Sarwa emerged

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Snoonu Expands to Kuwait, Strengthening GCC Super App Race

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Snoonu has officially launched its operations in Kuwait, marking a significant step in its regional expansion strategy and reinforcing its ambition to become a leading super app across the Gulf. The Qatar-born platform began operations on April 30 with a phased rollout designed to integrate seamlessly into the local market while building a strong operational

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DominAite Accelerator Aims to Scale Saudi Arabia’s AI Startup Ecosystem

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Blossom Accelerator has launched DominAite, a national AI scale accelerator designed to support the growth of AI-native startups in Saudi Arabia. Backed by the National Technology Development Program, the initiative reflects the Kingdom’s increasing focus on building a globally competitive artificial intelligence ecosystem. DominAite brings together a network of key partners, including the Saudi Data

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Why Asia and the Middle East Are Giving Rise to a New Kind of Communications Powerhouse

Entrepreneurship, Startups / Leave a Comment

There is no shortage of noise in today’s media landscape. Brands speak constantly, founders post daily, companies chase visibility with relentless urgency. And yet, very few are truly heard.Across Asia and the Middle East, a new generation of leaders is emerging. They are building global businesses, shaping culture, and moving capital and ideas at unprecedented

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JOOL JEWELRY: HOW Founder Layal Rkain Is Defining a New Modern Heirloom House

Entrepreneurship / Leave a Comment

Layal Rkain is a first-generation jeweler building a luxury brand defined not by lineage, but by intention. Founded as a modern heirloom house, JOOL Jewelry was created from Rkain’s belief in the Middle East’s enduring relationship with precious objects. In the region, jewelry is not simply worn. It is preserved, gifted, and carried forward. Rkain

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Alice Veglio: From Personal Adversity to Building a Cross-Continental Wellness Brand

Founding 50 / Leave a Comment

When Alice Veglio faced a spinal condition and heart problems as a teenager, the prognosis threatened not just her athletic future but her sense of direction. Instead of stepping back, she turned recovery into a framework for purposeful action, a mindset that would later define her entrepreneurial path. .In 2018, Veglio founded Bright & Fit,

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BitHash Launches UAE’s First Locally Developed Bitcoin Mining Pool with Mobile App

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Abdulaziz Osman, Founder and CEO of BitHash BitHash has officially launched its mobile application alongside the UAE’s first locally developed Bitcoin Mining Pool, setting a new benchmark for crypto innovation in the region. Available now on Android (iOS coming soon), the BitHash App provides a complete, one-stop Bitcoin mining solution. Users can purchase BTC hashrate

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