News
Crypto Trading Platform Rain Gets Faster, Direct Payments
The partnership with Tarabut Gateway is the first “directly integrated” open banking API in the MENA crypto sector.

Tarabut Gateway, the largest open banking platform in the MENA region, has announced a new partnership with Rain, the region’s first fully-regulated crypto assets trading platform.
Rain is licensed by the Central Bank of Bahrain as a crypto broker and offers users a safe, secure space to buy and sell crypto and store their assets. Meanwhile, Tarabut Gateway provides connectivity for payments between banks and fintech, offering a smooth, fast payment process for end users.
The partnership is the first of its kind in the MENA region. It will help to bring about faster, lower-cost fiat-to-crypto transfers to end-users in Bahrain, enabling direct payments from bank accounts without the need to leave Rain’s platform.
“We’re delighted to unveil a solution to make fiat-to-crypto transfers quicker, more secure, and cost-effective. Our partnership with Rain is a perfect cross-sector synergy, made possible by Bahrain’s advanced open banking ecosystem,” says Abdulla Almoayed, Founder and CEO of Tarabut Gateway.
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The new payment method utilizes Tarabut Gateway’s open banking solution to facilitate fiat-crypto-fiat transfers, reducing errors and unlocking significantly increased transfer speeds compared to traditional bank services. The upgrade is part of Rain’s strategy to provide users with a premium, seamless crypto wallet experience.
“Through quick and efficient deposit mechanisms, crypto traders on Rain’s platform will now be able to seamlessly fund their accounts and capitalize on market movements,” says Joseph Dallago, Chief Executive Officer of Rain.
The partnership comes as MENA’s crypto sector expands at a breakneck pace. According to Chainalysis, the region is the world’s fastest-growing crypto market, with trading volumes climbing nearly 50% in the year to June 2022.
News
Yango Ride Expands Corporate Transport Service In Abu Dhabi
Known as Yango Rides for Business, the solution aims to simplify business travel management for companies operating across Emirates.

Yango Ride, a global ride-hailing service under the Yango Group, has extended its corporate transport solution, Yango Rides for Business, to Abu Dhabi. Initially launched in Dubai in 2024, the company is now expanding in a bid to simplify business travel for companies operating between both Emirates.
Yango Rides for Business offers a streamlined way to handle employee transportation through a single platform. Instead of dealing with the hassle of prepayments or reimbursement claims, businesses will be able to consolidate all ride expenses under a single corporate account that’s billed monthly. The setup makes it easier to track spending while ensuring expenses remain fully tax-deductible.
A key advantage of the service is its flexibility, allowing managers to set ride permissions and budget limits for employees and clients. Businesses can tailor transport solutions based on team needs — whether for daily commutes or specific travel requirements. Additionally, a dedicated account management system provides real-time analytics, enabling firms to monitor usage patterns and optimize costs.
Islam Abdul Karim, Regional Head of Yango Middle East, highlighted the importance of this expansion, explaining: “Abu Dhabi’s 4.5% economic growth in Q3 2024 reflects a thriving business environment where seamless mobility is essential for productivity. Yango Rides for Business simplifies corporate transportation, reducing administrative tasks and optimizing costs. By providing a centralized solution, we help companies ensure smooth employee travel experiences, supporting efficiency and growth in this dynamic market”.
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Meanwhile, Ivan Kaplunovich, Head of Yango Rides for Business, emphasized the benefits of the service, adding: “Today’s businesses need to balance cost efficiency with flexibility in a fast-changing environment. Yango Rides for Business gives companies a seamless way to manage corporate transportation — from controlling expenses and booking rides to simplifying billing and generating custom reports. With this level of flexibility, businesses can stay focused on growth, innovation, and delivering value”.
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