Tagged: uae

November 13, 2025 @ 8:20 pm By Omar Faridi  |  

AURAS Technologies MENA FZCO, a Dubai-based firm that is specialized in Distributed Ledger Technology (DLT) services, has recently announced the launch of AURAS Pay, which is described as a non-custodial decentralized payments platform that allows various merchants to accept and manage digital asset transactions directly… Read More

November 4, 2025 @ 11:19 pm By Omar Faridi  |  

Tabby, the Saudi Arabia–based financial services app, has recently confirmed the completion of a secondary sale of shares that was reportedly held by certain existing shareholders. As part of the latest transaction, HSG, Boyu Capital and others acquired shares from existing investors, “resulting in an… Read More

November 4, 2025 @ 8:10 am By Omar Faridi  |  

Arrow Global Group Limited, a pan-European alternative asset manager specialising in credit and real estate, announced the opening of its new office in the UAE, strengthening its commitment to one of the world’s financial hubs. Located in the center of the UAE’s financial district, the… Read More

October 22, 2025 @ 7:10 pm By Omar Faridi  |  

Tamara recently announced that it has officially received a restricted finance license from the Central Bank of the UAE (CBUAE). As a financial technology platform operating across the United Arab Emirates, Tamara claims that it has cemented its position as a key financial partner. Achieving… Read More

October 19, 2025 @ 11:09 pm By Michael Wong  |  

UAE-headquartered M2 Capital said it invested $21 million in AVAX One, a Nasdaq-listed digital asset treasury created to accumulate AVAX, the native token of the Avalanche blockchain. The move is part of a push to support the network’s growth and the Middle East’s adoption of… Read More

October 13, 2025 @ 3:41 pm By Omar Faridi  |  

Foris DAX Middle East FZ-LLC (trading as Crypto.com) announced that it has received In-Principle Approval (IPA) from the Central Bank of the United Arab Emirates (CBUAE) for a Stored Value Facilities (SVF) license, claiming it becomes the “first” Virtual Asset Service Provider (VASP) in the… Read More

October 9, 2025 @ 10:08 am By JD Alois  |  

The Laffer Curve continues to shed light on how to manage tax policy more effectively. Unfortunately, too few recognize the pragmatech theory that posits a too high tax burden will alter individual behavior. As taxes rise, especially on the affluent, who may relocate easily, this… Read More

October 4, 2025 @ 2:01 pm By Omar Faridi  |  

HarbourVest Partners, an independent private markets asset manager with more than $147 billion assets under management (as of March 31, 2025), announced the opening of its office in ADGM, the International Financial Centre (IFC) of Abu Dhabi, United Arab Emirates. The expansion underscores the firm’s… Read More

September 28, 2025 @ 12:30 pm By Omar Faridi  |  

In a move signaling its commitment to the burgeoning Middle East market, Airwallex, the Melbourne-headquartered global financial platform, has unveiled updates designed to enhanc its regional footprint. The announcement from Fintech Airwallex encompasses pivotal regulatory approvals, foundational infrastructure setups, and high-impact partnerships. These developments come… Read More

September 28, 2025 @ 3:10 am By Michael Wong  |  

The United Arab Emirates and the Republic of Chad are looking to deepen cooperation in the financial sector following a high-level bilateral meeting in Dubai aimed at enhancing institutional partnerships and expanding economic collaboration. UAE Minister of State for Financial Affairs Mohamed bin Hadi Al… Read More

September 18, 2025 @ 10:48 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM) has made announcements that underscore a commitment to robust data protection and innovative financing for regional challenges. On one front, ADGM has introduced new rules aim to enhance privacy safeguards under its Data Protection Regulations 2021. On another, a strategic… Read More

September 10, 2025 @ 9:01 am By Omar Faridi  |  

Digital bank Revolut is making significant strides in its global expansion strategy, with recent developments underscoring its focus on reshaping digital finance and online investing. From securing regulatory approvals in the Middle East to attracting new talent from the cryptocurrency sector and seeing early investors… Read More

September 8, 2025 @ 11:53 pm By Omar Faridi  |  

Adams Street Partners, LLC, a Chicago-based firm specializing private markets investment management, has officially unveiled its first office in the Gulf Cooperation Council (GCC) region. With (a reported0 over $62 billion in assets under management (AUM), Adams Street’s entry into Abu Dhabi underscores the firm’s… Read More

August 26, 2025 @ 3:52 am By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the UAE capital’s premier international financial center, has recently introduced two significant initiatives aimed at enhancing governance, transparency, and investor confidence in its jurisdiction. These developments—a new real estate-focused permit service and finalized amendments to the Financial Services Regulatory Authority’s… Read More

August 24, 2025 @ 8:39 pm By Michael Wong  |  

The UAE Central Bank’s Emirates Institute of Finance (EIF) has partnered with HSBC Bank, Al Maryah Community Bank and technology firms Presight and Core42 to explore artificial intelligence applications in financial services, the central bank said. The collaboration aims to enhance operational efficiency, strengthen cybersecurity… Read More

August 24, 2025 @ 5:30 pm By Michael Wong  |  

The United Arab Emirates’ Cyber Security Council said on Sunday that more than 12,000 security breaches have been recorded across Wi-Fi networks nationwide since January, representing approximately 35% of all cyberattacks in the country this year. The council warned of escalating risks from untrusted wireless… Read More

August 10, 2025 @ 9:57 pm By Michael Wong  |  

UAE-based business-to-business Fintech startup Alaan has secured $48 million in Series A funding led by Peak XV Partners, formerly Sequoia Capital India, to expand its AI-powered spend management platform across the Middle East and North Africa. The funding round included participation from Pioneer Fund, 885… Read More

July 21, 2025 @ 11:01 am By Omar Faridi  |  

In an era where digital transformation drives economic and technological breakthroughs, the question of where the world’s most qualified web and tech talent will gravitate is becoming critical. A report from Boston Consulting Group (BCG) dives into the global competition for highly skilled digital professionals,… Read More

July 19, 2025 @ 5:52 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the UAE capital’s international financial center, continues to solidify its position as a hub for financial services and collaboration through key developments announced recently. The Financial Services Regulatory Authority (FSRA) of ADGM signed a Memorandum of Understanding (MoU) with the… Read More

July 5, 2025 @ 8:18 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the international financial center of the UAE’s capital, continues to solidify its position as a hub for innovation, transparency, and accessibility in financial and legal services. Two recent developments underscore ADGM’s commitment to fostering an inclusive and progressive ecosystem: the… Read More