Nigeria’s fintech, Moniepoint, has been approved by the Competition Authority of Kenya to acquire a 78% stake in Sumac MfBThe deal will allow Moniepoint to enter Kenya’s tightly regulated financial …
Crypto Daybook Americas: Bitcoin Weakness Fails to Stop Corporate Adoption Wave
The cryptocurrency bull run has stalled since bitcoin (BTC) hit a record high above $110,000 last month. However, corporate adoption continues at a brisk pace. Shares in Norway-based crypto exchange …
Solana Foundation signs MOU with Dubai’s Virtual Assets Regulatory Authority
Solana (SOL) price posts mild gains, trading around $160 at the time of writing on Tuesday, as the SOL Foundation signs a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory …
Solana Foundation Signs Crucial MoU With Dubai’s VARA: Details
Solana Foundation and Dubai’s Virtual Assets Regulatory Authority (VARA) have signed an MoU to establish the Dubai Solana Economic Zone.
Ripple’s Stablecoin RLUSD Gets Regulatory Nod In Dubai
Ripple’s XRP/USD U.S. dollar-backed stablecoin RLUSD has received regulatory approval from the Dubai Financial Services Authority (DFSA), allowing it to be used as a legal payment mechanism within the …
Taiwanese crypto exchange BitoPro confirms estimated $11.5 million hack
BitoPro, a Taiwanese crypto exchange, confirmed on Monday that it was “attacked by hackers” during a recent system upgrade after a crypto sleuth brought attention to $11.5 million worth of suspicious …
Brits flock to Dubai to avoid tax hikes, but are they ‘forgoing their British values’?
Caller Michael’s daughter is emigrating to Dubai for the ‘sake of her children and her sanity’, but are they ‘forgoing their British values’, asks Tom Swarbrick.
UAE: Plastic, crude oil, laundry microfibers top causes of seabird deaths, study finds
Analysing the digestive tracts of 478 dead seabirds from 17 species collected from the Arabian Gulf and Gulf of Oman, the study revealed the severe consequences of marine pollution on coastal wildlife …
Spark Capital launches wealth management operations in Dubai’s DIFC
India’s Spark Capital Private Wealth Management (Spark Capital PWM) has established its operations in the Dubai International Financial Centre (DIFC) through its subsidiary, Spark Global PWM Private …
All India-Abu Dhabi traffic rights exhausted, time for aviation authorities to explore expansion of bilaterals, says Etihad CEO
While acknowledging that Etihad and possibly even Indian carriers may not have the aircraft capacity currently to add additional seats between India and Abu Dhabi, Antonoaldo Neves, the Group Chief …
UAE is rapidly becoming the go-to destination for the world’s wealthiest families
With its tax advantages, strategic location, and progressive regulatory framework, the UAE is redefining wealth management, attracting global HNWIs and UHNWIs …
UAE investors flock to food, retail and hospitality stocks ahead of holiday surge
As the UAE prepares for the Eid holidays, local equity markets are experiencing a familiar seasonal trend: a shift in investor focus toward food, retail, and hospitality stocks, driven by an …
UAE President, German Chancellor discuss ways to enhance bilateral cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the Chancellor of the Federal Republic of Germany, His Excellency Friedrich Merz, held a phone call today to discuss ways of …
Ripple Stablecoin RLUSD Gets Green Line For Use In Dubai’s DIFC
Ripple’s RLUSD stablecoin has received the greenlight from Dubai’s financial regulator, clearing the way for it to be used within the DIFC.
XRP price rises as RLUSD gets approved in Dubai’s financial hub
XRP is seeing renewed momentum after Ripple’s US-regulated stablecoin, RLUSD, was approved for use within Dubai’s leading financial free zone.
We Tried the Trader Joe’s Dubai-Style Chocolate Bar that Keeps Selling Out
News of a Trader Joe’s Dubai chocolate bar dupe first dropped back in early May, with avid foodies eagerly anticipating its official release. The Patislove Pistachio Dark Chocolate Dubai Style …
Coinmena Receives Provisional License From Dubai’s VARA
CoinMENA, the Sharia-compliant digital asset exchange company licensed and regulated by the Central bank of Bahrain, has obtained a provisional virtual assets license from Dubai’s Virtual Assets …