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mamun raises US$3 million to finance cross-border trade between the Gulf and Asia

The seed round scales mamun's capital infrastructure for trade finance along the Greater Bay Area – Oman – UAE corridor — anchored in Muscat, Abu Dhabi and Hong Kong SAR. MUSCAT, ABU DHABI/HONG KONG SAR – Media OutReach Newswire – 4 November 2026 – mamun , the Sharia-compliant platform building capital infrastructure for trade finance, has raised a US$3 million seed round led by Phaze Ventures…

mamun raises US$3 million to finance cross-border trade between the Gulf and Asia

We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.

Read the original at thearabianpost.com →

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Bayelsa presents N1.24tn 2027 budget

Bayelsa State Governor, Senator Douye Diri, has presented a proposed budget of N1.24tn for the 2027 fiscal year, saying 68 per cent of the total expenditure was meant for capital projects.

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