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Tag: fintech

Posted on 04/06/2025

Legacies at risk as almost half of UAE-based entrepreneurs lack succession plan

Almost half of entrepreneurs based in the UAE have no succession plan in place to secure their business and family wealth for future generations, according to HSBC’s Global Entrepreneurial Wealth …

Posted on 04/06/2025

How Dubai is becoming a global technology powerhouse

In a crowded global market, countries that want a serious presence in the tech space are having to offer an exceptionally enticing proposition if they’re to stand out among their competitors. One such …

Posted on 04/06/2025

Expense Tracker Apps Market to Exceed USD 8.6 Billion by 2035, Driven by Fintech Integration and Rising Demand for Real-Time Financial Monitoring

Expense Tracker Apps Market. The global Expense Tracker Apps Market is set to witness significant growth between 2025 and 2035, driven by rising digital financial literacy, rapid …

Posted on 04/06/2025

HolyWally chooses The Fintech House, Lisbon, for Euro HQ base

HolyWally, headquartered in Singapore and the world’s first B2B2C wallet-as-a-service platform, will base its European HQ at the offices of The Fintech House, Lisbon, Portugal.

Posted on 04/06/2025

NRIs in UAE: How to file tax returns for capital gains

Question: I have not been filing my tax return in India after I came to the Gulf.  However, during the financial year 2024-25 I made capital gains on sale of investments and therefore I will be filing …

Posted on 04/06/2025

Offshore accounts of UAE expats: All you need to know

Dubai – The word offshore banking often evokes quite a number of unsavoury connotations. It’s associated with tax evasion, money laundering and high-level of secrecy, but the truth is that anyone can …

Posted on 04/06/2025

How Moniepoint received approval to acquire a Kenyan Bank

Nigeria’s fintech, Moniepoint, has been approved by the Competition Authority of Kenya to acquire a 78% stake in Sumac MfBThe deal will allow Moniepoint to enter Kenya’s tightly regulated financial …

Posted on 03/06/2025

Brits flock to Dubai to avoid tax hikes, but are they ‘forgoing their British values’?

Caller Michael’s daughter is emigrating to Dubai for the ‘sake of her children and her sanity’, but are they ‘forgoing their British values’, asks Tom Swarbrick.

Posted on 03/06/2025

All India-Abu Dhabi traffic rights exhausted, time for aviation authorities to explore expansion of bilaterals, says Etihad CEO

While acknowledging that Etihad and possibly even Indian carriers may not have the aircraft capacity currently to add additional seats between India and Abu Dhabi, Antonoaldo Neves, the Group Chief …

Posted on 03/06/2025

UAE Golden Visa vs Trump’s US Golden Visa: Which one is better for you?

As the race for the global elite’s loyalty intensifies, two nations have rolled out the red carpet with the same golden promise: permanent residency without strings. On one side is the UAE’s …

Posted on 03/06/2025

NMDC and Etermar successfully complete the construction of the first caisson-based Quays in the United Arab Emirates

The project was executed on an artificial offshore island in Abu Dhabi designed and built by NMDC Abu Dhabi and Setúbal – NMDC Group, a global EPC leader in the energy and marine & dredging sectors, …

Posted on 03/06/2025

Sharjah Ruler orders release of 439 prisoners ahead of Eid Al Adha

Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, ordered the release of 439 inmates serving their sentences at the Sharjah Punitive and Correctional Institution, …

Posted on 03/06/2025

Why Dubai is Becoming a Hotspot for Crypto Exchanges?

Key Takeaways Dubai offers tax-friendly and clear crypto regulations.Major exchanges like Binance have opened operations in the UAE.The city supports blockchain …

Posted on 03/06/2025

Wasco launches UAE fabrication yard, expands capacity to meet modular infrastructure demand

JAFZA facility enhances Wasco’s fabrication capacity, enabling simultaneous execution of large-scale modular projects …

Posted on 03/06/2025

Dubai regulator greenlights Ripple’s RLUSD stablecoin

The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin. Following the approval, …

Posted on 03/06/2025

Ripple’s Stablecoin (RLUSD) Approved by Dubai FSA for Crypto Payments

Dubai FSA has approved Ripple’s stablecoin, RLUSD, as a recognised crypto payment for use within the Dubai International Financial Centre.

Posted on 03/06/2025

Mamo Crosses AED 1.2 Billion In Total Payment Volume, Accelerates Vision To Become UAE’s Leading Financial Hub For Smes

Mamo, the UAE-born fintech building the future of business finance, today announced that it has crossed AED 1.2 billion in total payment transaction …

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