Sun's Out, Phones Out: It's Time to Boost Your Feed with up to 100 GB from Ooredoo
We continue to invest in our networks to ensure seamless connectivity that caters to our customers' growing digital needs.
We are working as a real digital enabler across our markets and our aspiration is to help people simplify their lives and enjoy exciting and rewarding digital experiences.
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Al Bawaba
11 hours ago
- Al Bawaba
Inovat wins FAB forward Fintech Challenge, run by First Abu Dhabi Bank and Mastercard
'Inovat', a digital solution that offers a seamless, fully digital value-added tax (VAT) refund experience for travellers to save them money on shopping abroad, has emerged as the winner of the second edition of the FAB forward Fintech Challenge. This collaborative initiative between Mastercard and First Abu Dhabi Bank (FAB) aims to foster fintech innovation in the the tagline 'Drive the future of banking', the competition invited later-stage fintech startups to submit their pioneering solutions to pressing financial challenges across three categories – 'Hyper-personalized Experiences', 'Blockchain-Powered Business' and 'Beyond Banking'. The competition witnessed a strong uptake with over 135 entries received.A panel of experts from Mastercard and FAB evaluated the submissions based on innovation and novelty, market potential, business model and revenue potential, product fit, growth strategy, financial health as well as team and execution. Five selected finalists – Inovat, Crayon Data, Fiskl, Nuclei and Uome – presented their ideas at a pitch day. 'Inovat' was adjudged winner for its innovative fully digital solution that tackles a real traveller pain point through strategic collaboration with banks and airlines. Their solution not only saves customers money abroad but could also enhance FAB's digital engagement winner was announced at an award ceremony hosted at the FAB headquarters in Abu winner, 'Inovat' received a host of benefits, including the opportunity to work on a proof of concept with FAB, exposure to banking leaders, venture capital and potential investment partners as well as a cash prize of $100, FAB forward Fintech Challenge is a core initiative of the long-term collaboration between First Abu Dhabi Bank (FAB) and Mastercard, reflecting a shared commitment to driving digital transformation and innovation in the UAE's financial sector. By bringing together FAB's deep regional expertise and Mastercard's global technology leadership, the programme provides fintech startups with access to mentorship, real-world validation, and opportunities to collaborate with leading financial institutions. With a focus on customer-centric innovation and next-generation financial services, the Challenge underscores the importance of collaboration between established industry leaders and emerging fintechs in building a more dynamic and inclusive digital economy for the UAE and beyond.
Al Bawaba
2 days ago
- Al Bawaba
Bitcoin surges over USD$120,000 for the first time
Bitcoin has surged past USD$120,000 for the first time, marking yet another record in what's shaping up to be a monumental rise. Strong ETF inflows and a solid macro backdrop have helped drive market momentum and that momentum keeps driving new all-time highs. The pace of gains in recent weeks reflects not just growing demand, but the growing maturity of bitcoin as an asset class, according to Josh Gilbert, Market Analyst at eToro. What we're seeing now is sustained interest, supported by structural inflows, rather than short-term speculation. That matches the most crucial shift, which is who's buying. Institutional adoption is growing, and this is the first real bull market where institutional participation is front and traded companies are now adopting bitcoin as part of their treasury strategy, with some making multi-billion-dollar allocations. At the same time, retirement funds and sovereign wealth funds are starting to gain exposure through ETFs, adding to the wave of demand chasing a fixed banks keep running expansive monetary policies and global money supply keeps rising. In that environment, an asset with fixed, decentralised supply cements itself as an alternative store of retail adoption is still only getting started. Bitcoin as an asset in an investment portfolio is still in its infancy, and that in itself creates a huge opportunity for bitcoin and crypto to flourish over the next decade. This is just the beginning of widespread adoption, seamless integration with traditional finance, and robust regulatory frameworks. As performance continues, trust builds and adoption grows bitcoin is fast becoming a 'must have' in an investment portfolio with its strong risk-adjusted returns. Looking ahead, continued institutional allocation feels inevitable, especially with an improving regulatory environment and that will serve as a tailwind for bitcoin through the rest of 2025.
Al Bawaba
2 days ago
- Al Bawaba
Sun's Out, Phones Out: It's Time to Boost Your Feed with up to 100 GB from Ooredoo
We are on a mission to empower customers across our global footprint to access and enjoy the best of the Internet in a way that is personal and unique to them. We continue to invest in our networks to ensure seamless connectivity that caters to our customers' growing digital needs. We are working as a real digital enabler across our markets and our aspiration is to help people simplify their lives and enjoy exciting and rewarding digital experiences.
