Paribu Acquires CoinMENA in $240 Million Deal to Expand Across MENA

Paribu has acquired CoinMENA for $240 million in Türkiye’s largest fintech transaction and its first international digital asset platform deal. The acquisition gives Paribu regulated access to MENA through licenses in Dubai and Bahrain, strengthening its regional expansion strategy. The deal highlights growing consolidation in the global crypto industry and positions Paribu as a major regulated player across Türkiye and the Middle East.

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Qualcomm, Aramco and RDIA Mark First Year of DISAI Mentorship Program

Qualcomm, Aramco, and RDIA have completed the first year of the DISAI accelerator program, supporting Saudi startups in AI, IoT, and wireless technologies. The program provided technical mentorship, commercialization guidance, and IP training, giving startups access to advanced platforms and global business opportunities. The initiative reinforces Saudi Arabia’s ambition to become a global hub for deep-tech innovation.

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Beyon Money and SwiftX Launch Stablecoin-Powered Cross-Border Payments in Bahrain

Beyon Money has launched live stablecoin-powered cross-border payments through a new partnership with global money transfer operator SwiftX. Using blockchain-based settlement, the solution enables faster, cheaper, and more transparent international transactions while reducing foreign exchange and operational costs. The collaboration strengthens Bahrain’s fintech ecosystem and positions Beyon Money as a regional leader in next-generation digital payment infrastructure.

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