Ripple’s RLUSD stablecoin has received regulatory approval from Dubai’s financial regulator, the DFSA. The approval allows integration of RLUSD into financial services offered by over …
Ripple’s stablecoin RLUSD has been approved for use within Dubai’s DIFC
Ripple’s stablecoin RLUSD has been officially approved for use inside the Dubai International Financial Centre (DIFC) by the Dubai Financial Services Authority (DFSA), according to an announcement …
Ripple’s Stablecoin, RLUSD, Gets Stamp of Approval in Dubai
Ripple’s RLUSD stablecoin has received regulatory approval from Dubai’s financial authority, allowing its use within the Dubai International Financial Centre. The approval enables RLUSD to be …
Digital Dirham revolution: UAE’s leap in global digital finance
Transforming global finance with blockchain, enhancing stability, and driving economic innovation by 2025. Pioneering digital finance and promoting a cashless society …
Shareholder in UAE’s biggest bank FAB seeks to raise $480mln from secondary offering
The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of $4.22 per share through an accelerated bookbuilding …
UAE calls on financial influencers to obtain licence
To apply to become an Authorised Finfluencer recognised by the SCA in the UAE, or to report non-compliant practices, the SCA advises contacting it through its website or call the toll-free number 800 …
UAE grants music management licence as streaming market tipped to hit $2.3bn
The UAE Ministry of Economy granted its second collective music management licence to Music Nation during a ceremony held at its headquarters in Dubai. The licence authorises the organisation to …
Nisus Finance signs MoU with Toyow to tokenise up to $500mln in real estate assets
The MoU will see Nisus Finance issuing a Security Token Offering (STO) of its real estate assets under management worth up to US$500 million …
Central Bank of the UAE marks 50 years of financial stewardship and innovation
Celebrating 50 years of financial innovation and stability, the UAE Central Bank continues to drive global financial leadership.
CBUAE: A future-ready central bank set to drive digital transformation
Leading digital and Islamic finance innovations, enhancing regulatory frameworks, and promoting financial inclusion for sustainable growth.
UAB congratulates the Central Bank of the UAE on its 50th anniversary
Shirish Bhide, Chief Executive Officer of United Arab Bank (UAB), extended his warmest congratulations to Sheikh Mansour bin Zayed Al Nahyan, Vice-President, Deputy Prime Minister, Chairman of the …
94% of UAE businesses confident of upside amid tariff turbulence, outpacing global sentiment: HSBC survey
Businesses in the UAE remain highly confident in their international trade prospects, with 94% saying they expect to grow cross-border trade in the near future. Despite ongoing uncertainty and cost …
GCC equity markets ease into Eid break after Dubai Residential REIT, Saudi UCIC IPOs
The upcoming listings of budget carrier Flynas and Specialized Medical Company could uplift a market weighed down by United Carton’s muted debut in Saudi Arabia …
UAE economic outlook remains bullish despite global volatility
Despite global economic volatility, the UAE maintains a strong economic outlook, analysts say. This is primarily driven by rising energy production, a robust tourism sector (Dubai welcomed 19 million …
UAE’s biggest bank FAB seeks to raise $480mln from secondary offering
The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of $4.22 per share through an accelerated bookbuilding …
Dubai expects to shine in times of volatility due to stability, talent attraction
DUBAI] Towering skyscrapers, luxury megamalls, and sprawling beach resorts. Dubai has consistently been one of the top cities for expat migration, and it is showing no signs of slowing down. Read more …
UAE stock exchange benchmarks extend winning streak in May
According to a report by Kamco Invest, the DFM General Index rose 3.3 per cent in May, closing at 5,480.5 points — ranking second among GCC peers. This brought its year-to-date gain to 6.2 per cent.