Meydan Free Zone Partners with Alaan to Power UAE Startups with Smart Spend Tools from Day One

Dubai’s Meydan Free Zone, the UAE’s only fully digital Free Zone, just made starting a business significantly smarter—and more rewarding. In a new partnership with Alaan, the Middle East’s leading corporate card and expense management platform, all businesses registered with Meydan before August 31, 2025, will receive 12 months of Alaan’s premium plan free of charge—a bundle worth AED 6,000.

Meydan Free Zone Partners with Alaan to Power UAE Startups with Smart Spend Tools from Day One

AI Is Dominating VC Funding—But at What Cost? SVB’s Report Warns of Rising Burn Rates Amid Innovation Boom

AI startups are soaking up venture capital like sponges—but they’re burning through it just as fast. That’s the key takeaway from Silicon Valley Bank’s (SVB) latest State of the Markets report, a twice-yearly pulse-check on the innovation economy that digs deep into funding trends, IPOs, and the evolving dynamics of venture-backed tech.

AI Is Dominating VC Funding—But at What Cost? SVB’s Report Warns of Rising Burn Rates Amid Innovation Boom

How AI is Reshaping KYC: from Cost Center to Growth Driver 

A fintech startup is poised to onboard new customers within days of launching its mobile lending app. Traditional KYC (Know Your Customer) is manual and time-consuming, which can stall growth and increase compliance costs. What should be a moment of expansion now feels like a bottleneck.   Whether it’s digital payments, lending, or wealth management platforms,…

Opoint Names Peter Ferrold CEO to Drive Global Expansion and Deepen News Data Leadership

In a bold move signaling its next stage of international growth, Opoint has appointed Peter Ferrold as Chief Executive Officer, effective August 11, 2025. Based in Copenhagen, Ferrold will steer the company’s strategy as it strengthens its leadership in real-time news data solutions across industries such as compliance, financial services, and media monitoring.

Opoint Names Peter Ferrold CEO to Drive Global Expansion and Deepen News Data Leadership