UAE digital lender Wio close to joining Dh100 billion club, says chief executive

Wio Bank is nearing Dh60 billion in assets less than three years after launching and is aiming to cross the Dh100 billion threshold within two to three years. Backed by ADQ, e&, FAB and Alpha Dhabi, the digital bank has become one of the UAE’s fastest-expanding lenders and intends to secure a top-three position in the retail and SME banking market as it continues its rapid growth.

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Realm Launches Saudi Operations, Unveiling New Office in Riyadh to Boost Community Engagement

Realm, the British-Saudi tech company, has launched its Saudi operations with a new office in Riyadh’s Diplomatic Quarter. The company’s platform focuses on digital community engagement, offering social interaction, gamification, and rewards. Realm aims to enhance local ecosystems and support Saudi Arabia’s Vision 2030 through innovation and workforce development.

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NetActuate Completes Major Upgrades to Dubai Data Center, Enhancing Network and Infrastructure Services

NetActuate has completed major upgrades to its Dubai data center, increasing capacity for bare metal, colocation, and virtual machines while enhancing low-latency IP bandwidth. The improvements align with the region’s digital growth, helping businesses expand across the Middle East and Africa with better connectivity and high-performance network services.

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