Startup Stories
Fasset to List Dirham Stablecoin DDSC Pending VARA Nod
Fasset plans to list the dirham-backed stablecoin DDSC once Dubai's VARA gives approval, letting UAE users swap it for USDC and USDT.
The latest startup stories reporting and analysis from Dubai and the UAE.
Fasset plans to list the dirham-backed stablecoin DDSC once Dubai's VARA gives approval, letting UAE users swap it for USDC and USDT.
Mastercard and Trip.com unveiled an AI booking agent in Dubai that can search, book and pay for travel, with a UAE launch planned for 2027.
NEOPAY and Commercial Bank of Dubai now let eligible UAE merchants tap working capital financing using their payment transaction data.
Dubai-based fintech Tabby secures $233 million at a $6.5 billion valuation to expand payments, accounts and cards across the UAE and Saudi Arabia.
Dubai fintech Tabby raised $233 million at a $6.5 billion valuation, fuelling its push into financial services across the UAE and Saudi Arabia.
Tabby's new $233 million round, led by Blue Pool Capital, values the UAE and Saudi fintech at $6.5 billion as it expands beyond BNPL.
UAE's Space42 and US firm Viasat have signed a binding deal to build Equatys, a $1 billion satellite network for direct-to-device mobile coverage.
Abu Dhabi fintech Synapse Analytics lands a $13 million Series A led by Partech to expand its AI risk decisioning software across emerging markets.
UAE startups drove nearly all of MENA's $375 million August 2026 funding, led by Moove's $250 million round and Fasset's $68 million raise.
NEOPAY and Deem Finance launch a regulated lending tie-up giving UAE SMEs pre-qualified working capital through payment data.
