The financial intermediation sector welcomed 1,830 new members, also growing at a rate of 8.3 percent. Dubai Chamber of Commerce operates as one of three chambers under the Dubai Chambers umbrella, …
Dubai commuters to get smarter Nol system with digital wallets, bank card payments
Dubai’s Roads and Transport Authority (RTA) has completed 40 per cent of the Nol system upgrade. This revamp will transition from the existing card-based ticketing system to the more advanced …
IAESIR Revamped AI-Powered Hedge Fund with Expanded Security and New Compliance Features
DUBAI, AE / ACCESS Newswire / March 14, 2025 / As financial markets become increasingly unpredictable, investors are seeking more reliable, …
UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50
Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.
Ripple gains licence for crypto payments in UAE
Ripple has become the first blockchain payments firm to secure a licence from the Dubai Financial Services Authority (DFSA). This is the firm’s first licence in the Middle East, and enables the firm …
UAE bank employees surpass 39,000 for first time since 2015
Statistical Bulletin – Banking and Monetary Statistics – December 2024, released today, showed that as of the end of 2024, the total number of bank employees reached 39,046 …
UAE banks have more than 39,000 employees for first time since 2015
The number of employees in UAE banks has exceeded 39,000 for the first time since 2015, according to data from the Central Bank of the United Arab Emirates. A monthly statistical bulletin, showed that …
UAE Data Center Portfolio Report 2025: Around $1.5 Billion in New Investments is Expected to Flow into Upcoming Data Centers in UAE by 2027
The database provides in-depth analysis of 35 existing and 24 upcoming data centers across Dubai, Abu Dhabi, Sharjah, Al Ain, and Fujairah. With 500 MW of upcoming capacity and $1.5 billion in new …
UAE: Make the most of this year’s bonus with these tips and tricks
It’s tempting to spend all your annual bonus on a dream vacation, some expensive jewellery, or even a new car. According to Zurich Life International, 75 per cent of UAE residents expect …
XRP price poised for 46% gains after Ripple secures first Dubai license
XRP’s price is eyeing a breakout from a classic chart pattern in the near future after Ripple acquired its first-ever license in the Middle East. XRP price chart hints at possible 46% gains XRP (XRP) …
Dubai Investments posts 21% rise in 2024 profit, eyes growth opportunities
Dubai Investments will launch mixed-use real estate projects in the UAE whilst remaining focused on the timely execution of projects in hand.
Dubai Islamic Bank Shareholders approve 45% dividend for 2024
Record-breaking pre-tax profit of over AED 9.0 billion underscores strong shareholder returns reinforcing DIB’s global leadership in Islamic finance …
XRP Spikes 4% As Ripple Gains Approval To Offer Crypto Payments In Dubai
Ripple (CRYPTO: XRP) on Thursday announced it has secured authorization from the Dubai Financial Services Authority (DFSA) to deliver regulated cryptocurrency payment services within the Dubai …
Ripple secures DFSA license to expand crypto payments in UAE’s $400 billion trade market
Ripple gains DFSA licence to expand crypto payments in the UAE, securing over 60 global approvals & attracting institutional interest in XRP.
UAE Corporate Tax: FTA extends grace period for tax record updates until March 2025
Registrants must notify the FTA of any changes to their data within 20 business days using the approved form and mechanism in the UAE …
Ripple taps into $40B UAE payments market with DFSA approval
Ripple secures DFSA license, entering the $40B UAE payments market to offer blockchain-enabled crypto services in the DIFC.
RemotePass and Wafeq partner to automate payroll, accounting for the UAE and KSA businesses
RemotePass, a UAE-based global payroll platform, has partnered with Wafeq, a leading UAE-based accounting software provider, to fully automate payroll accounting for businesses in the UAE and KSA.