Dubai’s Vara approved the first tokenized fund by Laser Digital. The tokenized fund will be listed on select crypto exchanges in the UAE.
UAE leads GenAI revolution: Transforming banking and economic growth
The UAE has rapidly emerged as a global leader in the adoption of Generative AI (GenAI) due to its proactive regulation, strong economy and tech-savvy population, experts say. Leading banking …
Dubai Police, DoF join forces to advance ‘Dubai Cashless Strategy’
In alignment with the “Dubai Cashless strategy”, the General Command of Dubai Police and the Government of Dubai’s Department of Finance (DOF) have signed a Memorandum of Understanding (MoU) to …
UAE Food Waste Composting Machines Market Outlook 2025-2033: Revenues to Reach US$ 432.6 Million by 2033 Led by GreenGood, Solwearth Ecotech, DMS Ventures, Dutco Tennant, and …
The demand for organic fertilizers in agriculture propels market growth. Challenges such as high initial investment and regulatory compliance persist. UAE Food Waste Composting Machine Market UAE Food …
Ajman Bank partners with SAS and DataScience ME
By leveraging SAS’s cutting-edge Fraud Management and decisioning platform, Ajman Bank will be able to monitor transactions in real time, detect anomalies, and respond swiftly to emerging threats …
Ajman Bank partners with SAS and DataScience ME to strengthen fraud management capabilities
The SAS Fraud Management solution utilizes advanced machine learning and decisioning capabilities to score transactions in real time …
Alec Holdings Rises in Dubai After $381 Million IPO
Dubai-based contractor Alec Holdings PJSC’s stock climbed on its first day of trading, signaling continued investor appetite for new listings in the emirate.
UAE: India’s RBI may allow Emirates NBD to take control of RBL Bank
Such a purchase would trigger a mandatory open offer for another 26 per cent from public shareholders, potentially giving Emirates NBD control with a 51 per cent stake …
Emirates Islamic continues commitment to UAE financial literacy goals by participating in Ministry of Education initiative
Bank’s participation in the second ‘Hello My School’ initiative reflects strong alignment with national priorities on education and financial inclusion …
Dubai’s Emirates NBD to Buy Majority Stake in RBL Bank in $3 Billion Deal
While the Mumbai-based lender has not confirmed the investment discussions, it stated that it “routinely explores opportunities aimed at enhancing shareholder value.” On Wednesday, RBL Bank’s shares …
Inside the Global Tokenization Race: From Dubai to Singapore to Malta
Governments and exchanges in Asia to Europe are heading a rat race to digitalize everything, including bonds and real estate.
One in four UAE residents unsure of financial future: HSBC survey
The survey, conducted by YouGov for HSBC, highlights that 25 per cent of UAE residents who envision life beyond the Emirates feel financially unprepared, with 28 per cent citing the complexity of …
Crypto.com receives preliminary payment license from UAE Central Bank
Foris DAX Middle East, trading as Crypto.com, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities …
UAE residents can now pay government fees in zero-interest instalments
UAE launches a zero-interest instalment plan allowing residents to pay government fees over 3–12 months via 10 local banks and Visa …
Nasdaq Dubai welcomes CNY 1bln bond listing by Emirates NBD, strengthening links with Asian markets
Issued under Emirates NBD’s USD 20 billion Euro Medium Term Note (EMTN) Programme, the 2.40% Notes are due in 2028 …
Pakistani-Founded Dubizzle Group Announces Dubai IPO, Eyes Global Expansion
The UAE’s digital classifieds powerhouse Dubizzle Group, founded by Pakistani siblings Imran, Haider and Zeeshan Ali Khan, has revealed plans to launch an …
Nasdaq Dubai welcomes $140mln bond listing by Emirates NBD
Nasdaq Dubai has welcomed the listing of a CNY 1 billion ($140 million) bond by Emirates NBD Bank, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region.