Digital Agriculture Drives Sustainability in the Middle East
April 2, 2025
Digital Agriculture Drives Sustainability in the Middle East
As climate change intensifies water scarcity, Middle Eastern nations are turning to digital agriculture to enhance food security and promote sustainable farming.
BENEFIT Launches Hadeya E-Gift Feature for Seamless Digital Gifting
April 1, 2025
BENEFIT Launches Hadeya E-Gift Feature for Seamless Digital Gifting
BENEFIT, a leading fintech and electronic payments company based in Bahrain, has introduced the Hadeya E-Gift feature in its BenefitPay app, taking digital gifting to the next level.
UAE Unveils New Dirham Symbol and Advances Digital Currency Initiative
March 28, 2025
UAE Unveils New Dirham Symbol and Advances Digital Currency Initiative
The Central Bank of the UAE (CBUAE) has unveiled a new symbol for the UAE's national currency, the dirham (AED), alongside major updates on its Digital Dirham initiative,
Unplugged at Seamless Middle East: A New Platform for Off-the-Record Fintech Conversations Launches with Strategic MoU Signing
March 28, 2025
Unplugged at Seamless Middle East: A New Platform for Off-the-Record Fintech Conversations Launches with Strategic MoU Signing
Dubai, UAE – 27 March 2025 – Seamless Middle East, the region’s largest and most influential fintech and digital commerce event, has officially partnered with Fintech Tuesdays Group (FTT) to host Unplugged by Fintech Tuesdays @ Seamless, a bold new feature set to debut during Seamless Middle East from 20–22 May 2025 at Dubai World Trade Centre. This collaboration was formalised yesterday with the signing of a Memorandum of Understanding (MoU) between Terrapinn Middle East, organiser of Seamless, and Fintech Tuesdays Group (FTT), the team behind the Unplugged by Fintech Tuesdays concept and the largest and most active community for the financial services ecosystem in the region. “This collaboration gives voice to the people driving fintech forward, Unplugged is the perfect fit for Seamless – genuine, relevant, and real” said Joseph Ridley, General Manager at Terrapinn Middle East. “Seamless represents the best of fintech in the region, Fintech Tuesdays is excited to join this platform and build a space where meaningful conversations and real relationships can flourish.” added Gozde Demir Celen, Fintech Tuesdays Advisory Council Member. The MoU was signed by Joseph Ridley, General Manager at Terrapinn Middle East, and Gozde Demir Celen, FTT Advisory Council Member. To read more on Technology, head to the link.
AlbaCore Secures $1.8 Billion to Launch Senior Direct Lending Strategy
March 27, 2025
AlbaCore Secures $1.8 Billion to Launch Senior Direct Lending Strategy
AlbaCore Capital Group, a leading European credit investment firm, has launched its Senior Direct Lending Strategy, securing $1.8 billion in commitments from major investors, including the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corp. Expanding Private Credit Solutions in Europe The initiative aims to address the growing demand for private credit among European corporations by offering alternative financing solutions. With its first close at $1.8 billion, AlbaCore is well-positioned to expand in the direct lending market, providing senior private loans to upper-mid to large-cap companies across Europe. Strategic Approach & Market Positioning AlbaCore’s lending strategy focuses on: ✅ Risk-adjusted returns – Offering secured loans with strong downside protection. ✅ Bottom-up credit analysis – Deep research into corporate capital structures for investment security. ✅ Diversified portfolio – Spanning multiple industries for long-term stability. Leadership Insights & Market Trends David Allen, Chief Investment Officer at AlbaCore, highlighted the strong investor confidence in their strategy: “Securing commitments from ADIA and Trust Bank reflects the attractiveness of the European private credit market and AlbaCore’s expertise in capitalizing on these opportunities.” With European companies increasingly seeking flexible financing options, AlbaCore’s strategy reinforces its role as a key player in the private credit space. Why This Matters for the Private Credit Market 🔹 Growing Demand – European businesses require alternative funding as traditional lending tightens. 🔹 Institutional Confidence – Backing from global financial giants strengthens AlbaCore’s position. 🔹 Market Expansion – The firm is set to scale operations with significant investment power. In Summary With a strong investor network, innovative lending strategy, and market expertise, AlbaCore is reshaping Europe’s private credit landscape. As demand for senior private loans grows, the firm remains a trusted financial partner for corporations seeking strategic funding solutions. 🔗 Stay updated with the latest financial insights at Business Tabloid. To read more on Finance, head to the link.
