Edenred UAE, part of the global Edenred Group and a long-standing provider of payroll solutions in the UAE, today announced it has received in-principle approval from the Central Bank of the UAE (CBUAE) for its application to operate as a licensed Stored Value Facility (SVF) provider. Edenred has been part of the UAE’s payroll infrastructure […]
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IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets. Founded in 2020, the Central Asia–based fintech company has developed a mobile-first financial ecosystem built around Shariah-compliant principles. Its platform integrates savings, investments, payments, and financial guidance within […]
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The Gulfstream IV has been a perennially popular private jet since its introduction in the 1980s, with dozens of celebrities owning one since that time.
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The U.S. has spent many years trailing nations like China in terms of lithium production, but a big discovery may change all that – eventually.
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Simply Business has become the first UK broker to launch a small business insurance app inside ChatGPT, giving sole traders and SMEs instant indicative quotes in seconds. Read more: Simply Business becomes first UK broker to put small business cover inside ChatGPT
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British Business Bank commits £10m as cornerstone investor in Northern Gritstone’s £20m rolling close, lifting the VC firm’s permanent capital to £382m to back Northern deeptech and life sciences spinouts. Read more: British Business Bank anchors Northern Gritstone’s £20m rolling close as northern deeptech push gathers pace
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Royal Mail unveils a £500m, five-year plan to tackle late deliveries, scrap Saturday second-class post and shift 6,000 part-time staff to full-time hours. Read more: Royal Mail commits £500m to fix delivery failures as Kretinsky era takes shape
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Sarah Willingham-backed Craft Gin Club warns of administration unless lenders approve a CVA wiping £4.2m of debt and ending free gin deliveries to bondholders. Read more: Craft Gin Club teeters on brink as Dragons’ Den darling pleads with bondholders
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Britain’s biggest housebuilder Barratt Redrow is cutting land purchases by up to £200m as the Iran conflict fuels mortgage rate fears, yet Q3 sales rose 6% and the order book swelled to £3.54bn. Read more: Barratt Redrow pulls back on land buying as Iran war rattles housing market
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Morrisons is putting up to 200 Bradford head office roles at risk as the debt-laden supermarket turns to AI and automation to cut costs and streamline operations. Read more: Morrisons to axe up to 200 head office jobs as AI drive accelerates
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