Shaping the Future: QNB Group’s Bold Leap into Egypt’s Digital Banking Era

A Landmark Step for Financial Innovation

DOHA, Qatar – QNB Group, the largest financial institution in the Middle East and Africa, has achieved a significant milestone with the license approval for its digital-first banking entity, **ezbank**, from the Central Bank of Egypt. This strategic move represents much more than an operational expansion; it signals a bold commitment to shaping the future of Egypt’s banking landscape.  

By securing this license, QNB Group aligns itself with the Central Bank of Egypt’s vision for financial inclusion and digital transformation, which also supports the government’s broader economic development strategy. This is not merely about opening another bank; it is about creating a financial institution designed to function in harmony with the digital lives of modern consumers. Consequently, **ezbank** is poised to redefine accessibility to banking services in Egypt, fostering inclusion and innovation at every stage.  

Harnessing Technology for Seamless Service**  

At its core, **ezbank** will merge advanced digital technology with internationally recognized best practices to offer customers efficient and intuitive financial solutions. Mobile-first platforms will ensure that every transaction is swift and user-friendly, while AI-driven tools and intelligent risk management will guarantee both security and convenience. As a result, customers will experience a new standard of banking designed around their needs and lifestyles.  

Furthermore, this venture solidifies Egypt’s growing role as a hub for technological innovation within the region. With QNB Group’s presence already established in over 28 countries across Asia, Europe, and Africa, and backed by over 31,000 professionals, the launch of **ezbank** marks a strategic intersection of global expertise and local opportunity. Through this, QNB aims to not only contribute to Egypt’s digital economy but also inspire similar transformations across the Middle East and Africa.  

With **ezbank**, QNB Group is not simply keeping pace with modern banking trends—it is actively setting them. This initiative reflects a future where financial services are more inclusive, efficient, and tailored to the digital age.  

Emerge Ascendant: Dubai’s New Founder-First Ecosystem Unveiled

DUBAI, UAE, - Emerge FZCO today announced its official launch as a founder-first ecosystem enabler designed to position Dubai as the ultimate base for global tech entrepreneurs. As a result, stakeholders across regional and global innovation networks should pay close attention. The announcement marks a deliberate effort to move beyond traditional company setup services and to provide startups and scale-ups with programs, licensing support, and a connected ecosystem that empowers founders to establish and grow with confidence from Dubai.

Moreover, Emerge goes beyond company setup — providing startups and scale-ups with programs, licensing support, and a connected ecosystem that empowers founders to establish and grow with confidence from Dubai. Consequently, entrepreneurs will gain streamlined access to the infrastructure, regulatory advice, and community necessary for rapid expansion. In short, Emerge aims to reduce friction and accelerate market entry for founders who choose Dubai as their gateway.

Emerge’s Offering and Strategic Location

Located in the Dubai World Trade Centre Free Zone, Emerge is based within the Dubai World Trade Centre Authority (DWTCA) Free Zone, strategically positioned at the heart of Dubai's business district. The DWTCA Free Zone serves as an enabling hub for Dubai's priority growth sectors, offering a world-class environment for entrepreneurs, start-ups, and global enterprises. Furthermore, with LEED-certified Grade A offices at One Central and flexible workspace solutions across its campus, the Free Zone hosts a dynamic community of companies and innovators spanning more than 40 sectors.

Emerge's offering includes licensing support across sectors such as blockchain, fintech, gaming, e-commerce and entertainment. In addition, business support services including legal guidance, immigration facilitation, and market advisory will assist founders from day one. Moreover, the initiative provides access to co-working, serviced offices, and community spaces that connect founders with peers and partners, as well as introductions to investors, corporates, and ecosystem stakeholders across Dubai's innovation landscape.

Leadership Perspectives and Future Programs

Abdalla Albanna, Vice President, Free Zone Regulatory Operations at Dubai World Trade Centre, said, "The launch of Emerge within the DWTC Free Zone further enhances our ecosystem by providing technology-focused start-ups with specialized support to establish and scale their businesses. Companies joining our Free Zone gain direct access to DWTC's year-round calendar of world-class exhibitions, conferences, and mega-events, placing them at the heart of Dubai's vibrant commercial landscape. DWTC Free Zone remains committed to fostering innovation and enabling business growth in line with Dubai's ambitious D33 Agenda."

Kokila Alagh, Director of Emerge, said: "Our goal with Emerge is to remove friction for global founders and give them the right regulatory advice, and business and community support from day one. Dubai has everything startups need — and Emerge is here to make that entry seamless." Similarly, Pranav Agarwal, Director of Emerge, added: "Dubai's rise as a global innovation hub is creating unprecedented opportunities. With Emerge, we want to empower the next generation of founders to make Dubai not just their base, but springboard them to serve the world." Bold Builders Belong Here.

Dubai as the Silicon Valley of the East

Often described as the "Silicon Valley of the East", Dubai has become a magnet for founders from the Global South and beyond who are looking to scale globally. With its world-class infrastructure, forward-looking regulation, political and economic stability, and access to capital, Dubai offers entrepreneurs a unique launchpad to serve markets across MENA, Asia, Africa, and beyond. Therefore, positioning in Dubai confers both strategic proximity to large markets and operational advantages.

Under the Dubai Economic Agenda D33, the emirate is pushing to double the size of its economy by 2033 and cement itself among the top 3 global cities for working, living, and investing. Consequently, initiatives such as Emerge will play a tangible role in aligning private-sector momentum with national ambition. Ultimately, founders who elect Dubai as their base can expect a coordinated ecosystem that supports sustainable growth and international scaling.

Echoes of Excellence: Hisense and Real Madrid Unite to Redefine Fan Experience in MEA

Partnership Renewal and Strategic Vision

Hisense MEA enters the second year of its partnership with Real Madrid through 2025/2026 as the Spanish football giant embark on another thrilling season. The collaboration underscores Hisense's long-standing commitment to connecting fans in the region with the passion, precision, and performance that define both world-class sport and cutting-edge technology. Building on almost a decade of global sports collaborations, including UEFA EURO™, FIFA™, and most recently the FIFA World Cup 2026™, Hisense continues to strengthen its presence on the world stage.

In the MEA region, the alliance with Real Madrid ensures the brand's innovative product portfolio is spotlighted alongside the club's men's and women's first teams throughout the 2025/26 season. From the Santiago Bernabéu to homes across the Middle East and Africa, Hisense will continue to define how supporters experience every moment of the game. Consequently, stakeholders can expect coordinated campaigns that amplify both club heritage and technological advancement.

Product Innovation and Fan Engagement

Driving Awareness Through Innovation, Hisense showcases limited-edition Real Madrid-branded products that fuse premium design with smart innovation. The lineup includes the C2 Ultra 4K UHD Triple Colour RGB Laser Portable Mini Projector, a compact and powerful viewing solution for fans on the move. The 100-inch ULED MiniLED U7 PRO TV delivers breathtaking clarity and colour, transforming match days into immersive experiences.

For everyday convenience, the PureFlat Smart Refrigerator offers sleek, modern storage, while the Uni Series Air Conditioner ensures fans stay cool under pressure, no matter the scorecard. These exclusive products are available at the Hisense brand store and official retailers in the region, with new offers expected throughout the season. Moreover, the brand will complement product launches with experiential activations to deepen connections across DUBAI, UAE, and the broader MEA markets.

Regional Impact and Future Outlook

Strengthening Fan Connections in MEA, the renewed sponsorship campaign aims to deliver tangible value directly to supporters across the Middle East and Africa. In the coming months, Hisense will roll out a series of promotions and experiential activations that will connect supporters more closely with the brand and club. As Jason Ou, President of Hisense Middle East and Africa, emphasized, the partnership serves as a consistent, region-wide approach to engage diverse audiences.

Looking Ahead, through its continued alliance with Real Madrid, Hisense reaffirms its commitment to innovation, excellence, and fan engagement. By combining the world's most celebrated football club with an industry leader in home entertainment solutions, the brands can continue ensuring even greater engagement with their fans. Consequently, supporters in DUBAI, UAE, and beyond should anticipate elevated matchday experiences and ongoing activations throughout the 2025/26 season.

Deli Group's Bold Step: Elevating Office and School Supplies in Egypt

On July 9, 2025, Deli Group, a distinguished manufacturer of office and school supplies, marked a significant milestone with its inaugural brand promotion conference in Cairo. Organized in collaboration with the esteemed Egyptian distributor 3A, the event welcomed over 120 key clients and channel partners. This gathering not only celebrated the launch of Deli's operations in Egypt but also underscored the company's strategic expansion into the MENA region. The implications of this event resonate deeply within the context of Deli’s global ambitions.

The Deli Group, recognized as one of Asia's largest stationery manufacturing bases, has made impressive strides in international markets. With operations extending across more than 140 countries and regions, its investment in Egypt represents a pivotal step in its global strategy. During the conference, key members of Deli's leadership team provided comprehensive presentations, elucidating the company's commitment to innovation and quality. Notably, Global Marketing Manager Mr. Jeremy emphasized the organization's prowess and its meticulous overseas development strategy. In tandem, Mr. Ashraf Ali Faid, Deli's national partner, offered valuable insights into the Egyptian market, highlighting the partnership's potential for driving mutual growth.

Pioneering the Future of Office Supplies

A highlight of the conference was the presentation by MENA Regional Manager Mr. Mohamound, who detailed Deli's ambitious globalization efforts and introduced plans for a manufacturing hub in 10th of Ramadan City. This facility is set to produce over 12,000 diverse products, catering to the demands of both local and international markets. By focusing on office and school supplies, sports equipment, manual and electric tools, and office furniture, Deli aims to serve a wide array of clients across Europe, the Middle East, Africa, Turkey, and the USA. Such a robust manufacturing capacity not only positions Deli as a key player in the region but also signifies its commitment to enhancing local economies.

Furthermore, the event featured a product showcase led by Deli Egypt's Product Manager, Mr. Mohamed Mekkawi. Attendees had the opportunity to engage with innovative solutions tailored to local preferences, including ergonomic writing tools and durable organizational products. This hands-on experience allowed participants to appreciate the quality and utility of Deli's offerings firsthand. As a result, the brand's commitment to meeting the specific needs of the Egyptian market became abundantly clear.

Deli Group's successful brand launch in Cairo serves as a testament to its strategic focus on the MENA region. With a strong product portfolio and a localized manufacturing approach, Deli is well-positioned to become the preferred office and school solutions provider in Egypt. The company's investment not only showcases the ambitions of global enterprises but also promises to deliver dual benefits of employment and technological advancement to the Egyptian economy. As Deli Group embarks on this exciting journey, it sets a new standard for quality and innovation in the office supplies sector.

Harnessing Innovation: Wood's Commitment to Decarbonisation in Iraq

In an era characterized by urgent climate action and sustainable practices, the energy sector plays a pivotal role in shaping a greener future. Recently, Wood, a global leader in consulting and engineering, has underscored its commitment to this cause by securing a series of decarbonisation contracts valued at approximately $100 million. These contracts focus on flare gas reduction and carbon efficiency project solutions within Iraq's largest oil fields. This strategic move not only highlights Wood's dedication to environmental stewardship but also reinforces Iraq's ambitious goal of reducing gas flaring by a remarkable 78% by the end of 2025.

A Legacy of Excellence in Decarbonisation

Wood's extensive experience in providing decarbonisation solutions is a testament to its capability and leadership in the energy sector. Over the decades, the company has partnered with major operators in Iraq, successfully implementing the country’s largest flare gas reduction programme to date. This track record positions Wood as a trusted partner in achieving significant environmental improvements while also enhancing operational efficiency.

In this context, the recent contracts encompass a comprehensive suite of services including brownfield engineering, procurement, and construction (EPC) modifications. These solutions aim to bolster operational efficiency while minimizing environmental impacts. The focus on brownfield projects is particularly noteworthy; it emphasizes the need to enhance existing infrastructures rather than solely relying on new developments. By leveraging its deep-rooted understanding of Iraq’s energy landscape, Wood is poised to drive substantial progress towards sustainable energy practices.

Collaborative Efforts Towards a Sustainable Future

Wood's President of Operations for Europe, the Middle East, and Africa, Ellis Renforth, articulated the company's vision succinctly: “We are working in partnership with our clients to achieve Iraq’s energy ambitions and deliver a sustainable energy future for the country.” This statement encapsulates the essence of Wood’s approach—collaboration. By fostering partnerships with local and international stakeholders, Wood aims to align its objectives with those of its clients, ensuring that every project contributes meaningfully to the overarching goal of sustainability.

Moreover, the significance of local knowledge cannot be overstated. Wood Iraq's extensive familiarity with its clients' infrastructure and operational goals enables the company to tailor its strategies effectively. This nuanced understanding facilitates not only the improvement of operational efficiency but also the reduction of gas flaring—a critical step in mitigating environmental degradation. As the world grapples with the challenges posed by climate change, initiatives like these stand out as beacons of hope.

Expanding Workforce for Enhanced Project Delivery

The scope of the newly awarded contracts extends beyond technical solutions; it also encompasses job creation. Wood plans to recruit 60 new employees to support the successful delivery of these projects. This initiative not only reflects Wood’s commitment to enhancing local expertise but also contributes to economic growth within Iraq. By investing in human capital, Wood fosters a sustainable workforce equipped to tackle the challenges of decarbonisation.

Furthermore, this recruitment drive signifies a multi-faceted approach to project execution. By assembling a team that understands the local context, Wood enhances its ability to implement solutions that resonate with both environmental and economic imperatives. The infusion of new talent into the workforce promises to invigorate the company's operations while ensuring the highest standards of project delivery.

A Vision for the Future

As Wood embarks on this ambitious journey of decarbonisation in Iraq, the implications extend far beyond the immediate projects. The contracts serve as a catalyst for broader discussions about the future of energy in the region. With Iraq's commitment to reducing gas flaring by 78% by the end of 2025, Wood's involvement signifies a significant step toward achieving this goal.

Wood's recent contracts for flare gas reduction and carbon efficiency project solutions exemplify a commitment to sustainable energy practices in Iraq. Through collaboration, local expertise, and a focus on innovation, Wood is not only enhancing operational efficiency but also contributing to a greener future. As the energy landscape continues to evolve, initiatives like these will play a crucial role in shaping a more sustainable world.

Bridging Financial Gaps: The Strategic Partnership Between PayPal and TerraPay in the Middle East and Africa

In an era defined by digital transformation, the Middle East and Africa stand out as regions poised for significant economic growth. The recent strategic partnership between PayPal, a global digital payments and commerce platform, and TerraPay, a leading global money movement company, epitomizes this potential. This collaboration aims to enable real-time fund transfers for PayPal customers, addressing a critical need for efficient cross-border transactions in the region. In this blog post, we will explore the implications of this partnership, the current landscape of digital payments in the UAE and beyond, and the transformative impact of these developments on financial inclusion and economic connectivity.

The Landscape of Digital Payments in the Middle East and Africa

Understanding the Current Market Dynamics

The digital payments market in the Middle East and North Africa (MENA) is experiencing unprecedented growth. According to a report by Mordor Intelligence, the market is estimated to reach approximately $251.34 billion USD by 2025 and is projected to exceed $422.56 billion USD by 2030. This remarkable growth reflects a rising demand for fast, secure, and efficient payment solutions. As traditional banking systems often fall short in addressing the needs of a diverse population, innovative digital payment platforms are stepping in to fill the gaps.

In many parts of the MENA region, especially in countries like the UAE, mobile wallets and digital banking solutions are rapidly gaining traction. This shift towards digital solutions is not merely a trend but a necessity driven by the increasing need for seamless financial transactions. The partnership between PayPal and TerraPay comes at a crucial juncture in this landscape, facilitating secure and accessible cross-border transactions that cater to both individuals and businesses.

The Role of PayPal and TerraPay in Enhancing Financial Connectivity

PayPal's commitment to creating a more inclusive financial ecosystem aligns perfectly with TerraPay's mission to enhance digital transactions. By harnessing the strengths of both platforms, this partnership addresses the existing barriers that limit economic participation in the Middle East and Africa. The integration of PayPal’s secure payment framework with TerraPay’s extensive network allows for smooth fund transfers between mobile wallets, bank accounts, and PayPal accounts.

This collaboration not only simplifies the process of transferring funds but also enhances financial connectivity. With millions of individuals and businesses poised to benefit from these advancements, the partnership marks a pivotal moment in the evolution of digital payments in the region. As Otto Williams, Senior Vice President of PayPal, stated, "Together, we're helping unlock economic opportunity and build a more connected, inclusive financial future for the Middle East and Africa region."

The Significance of Real-Time Fund Transfers

Transforming Cross-Border Transactions

One of the most significant outcomes of the PayPal and TerraPay partnership is the facilitation of real-time fund transfers. In today’s fast-paced economy, the ability to send and receive funds instantly can make a substantial difference for businesses and individuals alike. The traditional banking systems, often burdened with delays and high transaction fees, cannot adequately support the growing demand for immediacy in financial transactions.

By enabling real-time transactions, PayPal and TerraPay are setting a new standard for cross-border payments. This innovation not only streamlines the process but also enhances user experience. Customers can now enjoy the convenience of transferring funds across borders without the lengthy wait times typically associated with international transactions. As a result, businesses can operate more efficiently, and individuals can access their money when they need it most, fostering a more dynamic economic environment.

Enhancing Financial Inclusion for All

The importance of financial inclusion cannot be overstated, particularly in regions where traditional banking services are limited. The partnership between PayPal and TerraPay aims to empower millions of customers to engage more fully in the global economy. By providing enhanced accessibility to digital payment solutions, this collaboration addresses the financial barriers that have long hindered growth in the Middle East and Africa.

Through secure PayPal account linking and seamless fund transfers, individuals can easily access their PayPal accounts from mobile wallets and bank accounts. This initiative is particularly beneficial for those who may have previously been excluded from the financial system. By fostering greater financial inclusion, PayPal and TerraPay are not only supporting individuals but also enabling businesses to thrive in an increasingly interconnected world.

The Future of Digital Payments in the UAE and Beyond

The Emergence of a New Era in Financial Transactions

As the partnership between PayPal and TerraPay continues to evolve, it heralds the emergence of a new era in financial transactions across the UAE and the broader Middle East and Africa region. This collaboration exemplifies how technology can be harnessed to create a more connected financial landscape, where barriers to entry are minimized, and opportunities for economic participation are maximized.

With the rapid adoption of digital payment solutions, businesses in the region are poised to expand their reach and engage with a global audience. This shift is particularly crucial for small and medium-sized enterprises (SMEs), which often face challenges in accessing international markets. By leveraging the capabilities of PayPal and TerraPay, these businesses can navigate the complexities of cross-border transactions more effectively, ultimately driving economic growth and innovation.

The Role of Regulatory Frameworks in Facilitating Growth

While the partnership between PayPal and TerraPay provides a robust foundation for digital payments, regulatory frameworks will play a crucial role in ensuring the success of this initiative. Governments in the UAE and across the MENA region must continue to foster an environment that encourages innovation while safeguarding consumer interests. Striking the right balance between regulation and innovation will be essential in unlocking the full potential of digital payments.

As the demand for secure and efficient payment solutions continues to rise, collaborative efforts between governments, financial institutions, and technology providers will be vital. By establishing clear guidelines and standards, regulators can help build trust in digital payment systems, ultimately enhancing user adoption and participation in the global economy.

Conclusion and Implications for the Future

A Call to Action for Stakeholders

The strategic partnership between PayPal and TerraPay represents a significant milestone in the journey towards a more connected and inclusive financial future for the Middle East and Africa. By enabling real-time fund transfers and enhancing financial connectivity, this collaboration has the potential to transform the landscape of digital payments in the region. However, the successful implementation of these initiatives will require the active participation of various stakeholders, including businesses, financial institutions, and regulatory bodies.

As we look to the future, it is imperative for all stakeholders to embrace the opportunities presented by this partnership. By investing in digital payment solutions and advocating for policies that promote financial inclusion, we can collectively drive economic growth and innovation. The time has come for businesses and individuals to leverage the advantages of digital payments, ensuring that they are not left behind in this rapidly evolving financial landscape.

Charting a Course for Economic Prosperity

The collaboration between PayPal and TerraPay is more than just a business partnership; it is a catalyst for change in the Middle East and Africa. By addressing the financial barriers that have long limited economic participation, this initiative paves the way for a more inclusive and interconnected global economy. As the digital payments market continues to expand, it is essential for all stakeholders to remain engaged and proactive in shaping the future of financial transactions.

In summary, the strategic partnership between PayPal and TerraPay is a testament to the power of collaboration in driving economic growth and enhancing financial connectivity. As we embrace this new era of digital payments, let us work together to ensure that everyone has the opportunity to thrive in an increasingly globalized world. The future of finance is here, and it is time for us to seize the moment and chart a course towards economic prosperity for all.