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Ruya and Ignyte Forge Strategic Alliance to Drive UAE Startup Innovation
Ruya and Ignyte Forge Strategic Alliance to Drive UAE Startup Innovation

Fintech News ME

time07-07-2025

  • Business
  • Fintech News ME

Ruya and Ignyte Forge Strategic Alliance to Drive UAE Startup Innovation

Ruya and Ignyte have formalised their strategic partnership, bringing together ruya's digital‑first Islamic banking expertise and Ignyte's government‑backed, all‑in‑one start-up ecosystem to accelerate innovation across the UAE. The UAE's startup scene remains the region's most active, recording 188 funding rounds in 2024—the highest in MENA and Dubai is now recognised as one of the top five cities worldwide for FinTech. Launched in early 2024 and licensed by the Central Bank of the UAE, ruya has quickly redefined banking with a fully Shari'ah‑compliant digital platform and community centres that blend cutting‑edge technology with a commitment to fairness, transparency and social responsibility. By eliminating hidden fees, minimum‑balance requirements and lengthy onboarding, ruya ensures that entrepreneurs—from fintech start-ups and SME founders to freelancers and family businesses—can access the financial tools they need without friction. Ignyte, launched under Dubai's Digital Economy Strategy by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum in October 2024, has grown into the Emirates' premier ecosystem for founders, connecting more than 2,500 start-ups with mentors, investors and over 250 exclusive perks designed to drive growth and global expansion. This partnership will see ruya championing that ecosystem through co‑hosted events, mentorship programmes and a branded presence across Ignyte's channels, embedding ethical Islamic finance at the heart of Dubai's entrepreneurial journey. 'For founders navigating a fast‑evolving market, the fusion of digital agility and principled banking is game‑changing,' said Christoph Koster, CEO of ruya. 'Our alliance with Ignyte means that ethical financing and community support go hand‑in‑hand, empowering the UAE's next generation of innovators to scale with confidence'. 'By partnering with ruya, we are ensuring that our founders achieve success with integrity and community support. This collaboration equips entrepreneurs with the resources to innovate while promoting a culture of sustainable growth. Together, we aim to establish a strong foundation for the UAE's rapidly growing start-up scene, driving both local and global success.' said Mohammad Alblooshi Chief Executive Officer of DIFC Innovation Hub. Looking ahead, this strategic collaboration will not only enhance access to capital and expertise but also reinforce the UAE's vision to double its digital economy to AED 280 billion by 2031. By weaving together, the strengths of ruya's community‑focused Islamic banking model and Ignyte's dynamic startup platform, the partnership exemplifies how public‑private synergy can fuel sustainable growth and position the Emirates as a global leader in fintech and entrepreneurship.

Ruya rolls out AI brand film to promote business banking offering
Ruya rolls out AI brand film to promote business banking offering

Campaign ME

time30-06-2025

  • Business
  • Campaign ME

Ruya rolls out AI brand film to promote business banking offering

Ruya, the UAE's first digital Islamic community bank, has launched a new brand film titled You've Got Better Things to Do as part of a wider campaign focused on its business banking proposition. Created in partnership with Acorn Strategy, the film uses generative AI throughout its production process to reflect the bank's emphasis on modern, tech-enabled solutions. Targeting entrepreneurs, SMEs and freelancers, the campaign aims to communicate ruya's core message: that banking should be simple, efficient and aligned with the pace of today's business needs. The film showcases everyday business owners managing their operations, with a narrative that positions ruya as a time-saving alternative to traditional banking systems. In line with this positioning, the production took a deliberately unconventional route. The team used AI tools such as ChatGPT for script enhancement, Eleven Labs for voiceover generation, and platforms including Runway, Mystic 2.5 and Topaz for visual creation. While all imagery was AI-generated, the creative concept and editing were led by human teams. 'This film represents an innovative step forward for the Islamic banking sector,' said Christoph Koster, CEO of ruya. 'As a digital-first Islamic bank, we believe technology should simplify life, not complicate it. Embracing AI in our marketing is a natural extension of our forward-thinking ethos, as it reflects how we operate as a brand and how we believe banking should evolve: simple, smart, and aligned with the pace of today's world.' According to ruya, the campaign forms part of a larger communications strategy aimed at reaching business customers through digital channels. Early performance figures show over 432,000 views on YouTube and more than 1.2 million on Meta platforms. The campaign also reinforces ruya's positioning within the Islamic finance landscape, offering digital-first services built on transparency, fairness and ethical banking principles. You've Got Better Things to Do is currently live across ruya's digital and social platforms.

Your Guide to a Different Kind of Valentine's Day in the UAE
Your Guide to a Different Kind of Valentine's Day in the UAE

CairoScene

time09-02-2025

  • Entertainment
  • CairoScene

Your Guide to a Different Kind of Valentine's Day in the UAE

Soar over golden dunes at sunrise, dine by candlelight at the Louvre, or sip cocktails atop a dazzling skyline. Love is in the air, and whether you're a hopeless romantic, a thrill-seeker, or just someone who enjoys a beautiful moment with your special someone, there seems to be something for everyone in the UAE this Valentine's Day. From intimate gourmet experiences to breathtaking adventures, these are the most exciting and alternative ways to spend the day of love in the Emirates. Hot Air Balloon Adventure 📍Dubai Desert 📅February 14th Soar above the Arabian desert with your other half, as you sip on champagne and admire the Dubai skyline. La Perle Acrobat Show 📍Al Habtoor City, Dubai 📅February 14th Grab your beau and go watch a breathtaking performance with gravity-defying aerial stunts. Art Lounge Valentine's Dinner 📍Louvre Abu Dhabi 📅February 14th A dreamy al fresco Valentine's dinner with sweeping city views atop the Louvre Abu Dhabi will definitely ignite that spark. Overnight Desert Safari 📍Dubai Desert 📅February 14th-15th What better way to say 'I love you' than going dune bashing, riding camels at sunset, and cuddling by a bonfire? Cocktail Masterclass at Ruya 📍St. Regis The Palm, Dubai 📅February 14th 🕒7:00 PM – 8:30 PM A couple that learns how to make Turkish-inspired cocktails together, stays together. Angham Live Concert 📍Cultural Foundation, Abu Dhabi 📅February 14th Nothing screams romance quite like getting serenaded by the iconic Egyptian singer Angham. Helicopter Ride over the Jumeirah 📍Atlantis The Palm, Dubai 📅February 14th Take your love to new heights by soaring above Dubai's iconic landmarks, including Burj Al Arab and Palm Jumeirah. Permanent Jewelry Experience 📍Linked by Permanent Jewelry Studio, Dubai 📅February 14th You know what they say: If you liked it, then you should have put a matching bracelet on it

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