Litecoin (LTC) price tumbled 7% from its opening price for $126 to hit intraday lows of $112 on Monday, extending its losses since the Bybit hack into double-digits at 14%. However, on-chain data …
Circle’s USDC and EURC become first DFSA-approved stablecoins in Dubai
Circle’s USD Coin (USDC) and EURC have become the first stablecoins to be approved under the Dubai Financial Services Authority’s (DFSA).
NewsBriefs – USDC and EURC are the first legal stablecoins recognized under Dubai’s crypto framework
The Dubai Financial Services Authority (DFSA) has approved Circle’s stablecoins, USD Coin (USDC) and EURC, as the first recognized tokens …
Dubai recognizes USDC, EURC as first stablecoins under token regime
Dubai has recognized the first stablecoins under its crypto token regime: Circle’s USDC and EURC. Now, companies in the DIFC will be able to use the stablecoins in payments and other situations.
Souk, stocks and succession planning: Growth of family offices in Dubai
Dubai has emerged as a hub for global financial services, driven by the growth of its free zones, especially the Dubai International Financial Centre (DIFC). In the latest figures released for 2024, …
Maktoum approves Financial Audit Authority’s strategic plan 2025-2028
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Financial …
Arab Financial Services (AFS) agrees POS stablecoin payments partnership in the UAE
The Arab Financial Services (AFS), a MENA-based digital payment solutions provider and fintech enabler, has partnered with Ternoa Blockchain to onboard billions of retail customers into crypto. AFS’ …
UAE’s $100bn AI target opens investment opportunities
AI is forecast to contribute 14 per cent to the UAE’s Gross Domestic Product (GDP) by 2030, equating to approximately $100bn. According to Kooijman, many high-net-worth (HNW) and ultra-high-net-worth …
UAE Plastic Pallets Market to Hit Valuation of US$ 174.47 Million By 2033 | Astute Analytica
Plastic pallets in the UAE are driven by e-commerce growth, logistics expansion, RFID adoption, and sustainability needs, with HDPE dominating production. Major demand originates from logistics, …
Mashreq introduces ‘Mashreq Biz’, a game-changer in digital banking for SMEs
Fernando Morillo, Group Head of Retail Banking at Mashreq, said, ” Mashreq Biz is a key part of our strategy to empower SMEs and drive the digital banking revolution in the UAE. With this initiative, …
UAE’s Alpha Data Set to Price IPO at Top of Range Amid AI Boom
Alpha Data is likely to price its initial public offering in Abu Dhabi at the top of a planned range, as investors piled into the IT services firm that’s been among the beneficiaries of a surge in …
Flydubai reports strongest financial results in its 15-year history
The Dubai-based carrier marks its strongest-ever financial performance in its 15-year history, reporting a pre-tax profit of AED2.5 billion (US$674 million); a 16% growth compared to the previous …
Maktoum bin Mohammed approves Financial Audit Authority’s strategic plan 2025-2028
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Financial Audit Authority (FAA), has approved the …
ADIB becomes the first bank in the UAE to launch a banking experience on Apple Vision Pro as part of its 2035 vision
ADIB has consistently embraced emerging technologies, from mobile banking to AI-driven solutions. The introduction of Spatial Banking underscores the bank’s commitment to early adoption and innovation …
‘Not my signature’: Embattled tycoon BR Shetty vows to appeal $106 mn Dubai court award to ICICI Bank
While handwriting experts confirmed that it was his signature on the personal guarantees for loans given to his now-bankrupt healthcare company, Shetty has disputed the findings.
Bank of America’s Mensah sees deals slowdown as investors wait for Trump
Bank of America’s International President Bernard Mensah says the bank sees a slowdown in mergers and acquisitions as corporate leaders wait to see in which direction US President Donald Trump will …
Investopia 2025 to develop innovative insights into future investment, finance opportunities in global economic landscape
Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the UAE capital, Abu Dhabi, will host the fourth …