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.
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 …
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 …
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 …
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.
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 …
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 …
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, …
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, …
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 …
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 …
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, …
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.
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 …
Dubai to build Ghana’s first economic zone
The government of Ghana has signed a memorandum of understanding with Dubai state-owned entity Ports, Customs and Free Zone Corporation (PCFC) to establish an economic zone and digital incubator in …
OMV exits UAE asset in $600 million deal
Austrian energy behemoth OMV has signed and closed an agreement to divest its 5% stake in the Ghasha concession in the United Arab Emirates, to Russia’s Lukoil. The overall cash consideration amounts …
Dubai Customs launches the Mirsal 2 B2B service for companies with high volume business
Dubai- Dubai Customs launched the Mirsal 2 B2B service for its eligible business partners who conduct high volume business with Customs using Mirsal 2; the integrated system enabling them to …