The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes. The United Arab Emirates has made the first transaction with …
UAE makes history: First ever government transaction using digital Dirham completed in under two minutes
The UAE has completed its first government transaction using the Digital Dirham, marking a historic step in the nation’s financial transformation. Conducted via the mBridge platform in under two …
Dubai cuts business bank account opening time to just 5 days
Launched in 2023, the Dubai Unified Licence provides every business in the emirate — across both mainland and free zones — with a unique, government-verified digital identity …
AI in Dubai: DIFC firms report 166% surge in Generative AI use
DFSA’s 2025 survey finds Generative AI use up 166% in DIFC, with 52% now using AI as Dubai financial sector embraces innovation …
Dubai Unified Licence slashes business bank setup time from 65 to 5 days
Dubai Unified Licence cuts business bank setup time from 65 to 5 days, a 90 per cent reduction that boosts ease of doing business …
UAE tests ‘digital dirham’ with live transaction using mBridge platform
The UAE has completed its first Digital Dirham payment via mBridge, marking a key milestone in its CBDC pilot ahead of the 2025 rollout.
Dubai Unified Licence cuts business bank account opening time by 90%
More than 3,000 new business bank accounts opened through Dubai Unified Licence and more than 134,000 business profiles updated …
UAE completes first Digital Dirham transaction in less than 2 minutes
The UAE government has conducted its first national transaction using the Digital Dirham, the nation’s central bank digital currency (CBCD). The transaction was conducted by the Ministry of Finance …
UAE makes history with first government transaction using Digital Dirham
UAE executes its first government transaction using the Digital Dirham, marking a major step in building national digital economy …
Banks accelerate AI-driven transformation and digital currency adoption to power UAE’s economic growth
The convergence of AI, blockchain, and digital currencies will become the foundation for the next era of financial services, say experts at the two-day Finnovex Middle East 2025 summit, being held in …
New milestone: UAE executes first Digital Dirham transaction in under 2 minutes
Digital Dirham transactions aim to enhance operational efficiency and expedite financial settlements between government entities …
MENA’s $3tn growth forged on steel foundations: Dubai hosts world’s biggest iron summit
Dubai hosts Middle East Iron and Steel 2025 as MENA’s $3tn industrial projects and 4% annual demand growth reshape industry …
2026 Dubai AI Festival to surge in scale, cements Dubai’s position as a global AI hub
Dubai AI Festival returns in 2026, expanding to Dubai World Trade Centre to accommodate surging global interest …
REVEALED: Mid-income, smaller home buyers now powering Dubai’s real estate boom – report
Dubai mortgage data shows mid-income buyers drive demand as average loan values fall and apartment ownership rises …
Dubai mortgage market jumps 75%
Digital Edition: Dubai mortgage market jumps 75% The value of the Dubai mortgage market has increased by 75% so far this year, compared to the same period last year, according to figures from the …
UAE ranked among world’s most advanced digital asset regulators: Report
The UAE joins Singapore and Switzerland among the world’s top jurisdictions for digital asset regulation, according to the Global Digital Assets Report 2025 …
RAKEZ teams up with Emirates NBD to streamline business banking for investors
This integration will allow the direct transmission of account application data, reduce processing time and limit paperwork …