The UAE and Saudi Arabia have seen a spike in digital payments as consumer preferences swing towards modern shopping trends, according to data from Checkout.com.
Standard Chartered unveils digital asset custody service in the UAE
Global bank Standard Chartered has launched its digital asset custody service in the UAE. The service has been licensed by the DFSA within the DIFC.
Etihad Airways plans IPO no earlier than 2025, sources say
By Hadeel Al Sayegh, Andres Gonzalez and Federico Maccioni DUBAI/LONDON (Reuters) – Abu Dhabi’s Etihad Airways plans to make its stock market debut no sooner than 2025, two people familiar with the …
Dubai IFC to open ‘first-of-its-kind’ funds centre
Dubai International Financial Centre (DIFC) is to open a first-of-its-kind environment in Q1 of 2025, “driven by exponential growth and an exceptional pipeline, including from hedge fund spinouts, …
Dubai IFC to open ‘first-of-its-kind’ funds centre
Dubai International Financial Centre (DIFC) is to open a first-of-its-kind environment in Q1 of 2025, “driven by exponential growth and an exceptional pipeline, including from hedge fund spinouts, …
UAE regulators to allow Dubai-licensed VASPs to service entire country
The United Arab Emirates’ securities regulator signed a cooperation agreement with Dubai’s crypto regulator to demonstrate “regulatory cohesion” across the country by streamlining its licensing regime …
ESG Focussed Banking in Core Aspects
We have strengthened our stance by aligning ourselves with both the UAE Environmental Vision 2030 and Ajman 2030 Vision,” informs Zohaib Ali Zahid, Head of Corporate Governance and ESG at Ajman Bank.
Abu Dhabi-based bank likely to acquire significant stake in Indian lender: UAE envoy to CNBC-TV18
The deal could be worth billions of dollars, the envoy said in the interview, without disclosing the names of the banks involved …
Dubai International Financial Centre announces Funds Centre to attract wealth and asset managers
Dubai International Financial Centre Funds Centre invites applications as it looks to lure wealth funds and asset managers to the city …
Empowering Ventures: H.E. Alia bint Abdullah Al Mazrouei, UAE Minister Of State For Entrepreneurship
“As I continue this path in both the business world and life, I am committed to staying true to my core values, treating others with kindness and respect, and fostering a culture of authenticity. This …
Dubai universities set to shape global future with green hydrogen, sports performance and fintech courses
TECOM Group ( www.tecomgroup.ae) has been developing strategic, sector-focused business districts across the emirate of Dubai since 1999. TECOM Group is well-positioned to continue playing an integral …
Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE
The international banking group has been granted a licence by the Dubai Financial Services Authority, allowing it to custody its clients’ digital assets.
Standard Chartered Launches Digital Asset Custody Service In The UAE
Standard Chartered on Tuesday announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai financial Services …
Oman’s OQ could raise $2 bln from exploration, production IPO, source says
DUBAI, Sept 9 (Reuters) – Oman’s OQ could raise $2 billion from the sale of a 25% stake in its OQEP exploration and production business, a source with knowledge of the matter said, in what would be …
DIFC launches new funds centre, reports rise in firms
The centre has launched the DIFC Funds Centre to support hedge fund spinouts, fund platforms, and wealth and asset management firms …
AIM Summit Dubai 2024: Spotlight on Finance Heavyweights and Industry Leaders
AIM Summit, the leading alternative investment summit, has announced a line-up of speakers featuring the world’s leading voices on the subjects of investment developments, global market conditions and …
Exclusive: UAE bank eyes major stake in Indian bank in a billion-dollar deal, says envoy
A major Abu Dhabi-based bank is in talks to acquire a stake in an Indian bank, with an investment expected to be in the billions of dollars, according to the UAE ambassador. The announcement follows …