Dubai and Abu Dhabi — where some of the world’s biggest hedge funds have set up outposts in recent years — are now emerging as hubs for money managers looking to go it alone.
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Crypto.com eyes UAE, global digital asset expansion in LuLu Financial partnership
Crypto.com has partnered with LuLu Financial Holdings to develop regulated digital asset capabilities across multiple markets, beginning in the United Arab Emirates (UAE). Crypto.com has promoted the …
The UAE is outpacing the US as Africa’s investment partner
The UAE said it will invest $1 billion toward AI infrastructure and services across Africa, but the relationship between the two still has a deeply problematic dimension.
Breaking: IPO Genie ($IPO) Signs Multi-Million Dollar Misfits Boxing Sponsorship Agreement
The moment IPO Genie $IPO revealed its multi-million Misfits Boxing partnership, attention shifted fast. The news hit social feeds before analysts even reacted. Fans argued about the Tate vs DeMoor …
Coins in sand: how the UAE draws in the global crypto community
At Abu Dhabi Finance Week, insiders give credit to the UAE’s regulatory infrastructure and institutional adoption of digital assets The United Arab Emirates (UAE) is rapidly cementing its position as …
UAE telecom group e& to trial dirham-backed stablecoin payments across digital services
UAE will pilot AE Coin, a Central Bank–licensed stablecoin, for telecom payments in partnership with Al Maryah Community Bank.
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UAE Telecom Giant e& to Pilot Dirham Stablecoin for Consumer Payments
United Arab Emirates telecom heavyweight e& is preparing to test whether a regulated stablecoin can support day-to-day consumer payments, marking one of the country’s most visible moves toward …
UAE telco giant e& taps dirham stablecoin for bill payments pilot
United Arab Emirates’ telecom giant e& is reportedly preparing to test whether regulated stablecoins can support mainstream consumer payments, having signed a memorandum of understanding (MoU) with Al …
UAE Central Bank cuts rates again, making mortgages and car loans cheaper in 2026
The Central Bank of the UAE lowered its base rate for the Overnight Deposit Facility (ODF) by 0.25 percentage points, following a similar move by the US Federal Reserve. The cut takes effect …
UAE digital lender Wio Bank bets on payments, wealth to power next growth phase
ABU DHABI, Dec 10 (Reuters) – UAE’s Wio Bank is looking to payments and wealth to drive the next leg of its growth, CEO Jayesh Patel said on Wednesday, as the state-backed digital bank positions …
UAE Central Bank: Digital dirham to be launched soon
The Central Bank of the UAE (CBUAE) has announced that the country’s new central-bank digital currency — the Digital Dirham — will be rolled out “very soon,” marking a major step in the UAE’s evolving …
Dubai introduces 3-year service fee model for Palm Jumeirah community
Dubai Land Department has approved the first-ever three-year fixed service fees for the Palm Jumeirah Master community …
Nasdaq Dubai welcomes the launch of New Development Bank’s $50bln Euro Medium Term Note programme
The Programme will support New Development Bank’s (NDB) mandate to finance infrastructure and sustainable development projects across BRICS nations and emerging economies …
UAE Central Bank clarifies loan eligibility: New Nafis rules explained for loan seekers
The UAE Central Bank has clarified that Nafis payments are temporary incentives, not guaranteed income for loan eligibility. This ruling impacts Emira …