Tagged: uae

Bitpanda Teams Up with LuLu Financing Holdings to Support Digital Assets Trading

LuLu Financial Holdings has joined forces with Bitpanda Technology Solutions to introduce digital asset trading to its customer network. This alliance aims to seamlessly blend crypto options into traditional financial tools, catering to a growing demand for diversified investment opportunities in emerging markets. The partnership… Read More

UAE, Hong Kong Step Up Debt Market Connectivity Talks, Add Stablecoin Regulation Focus

The central banks of the United Arab Emirates and Hong Kong agreed to deepen cooperation on cross-border debt market links, digital assets and stablecoin regulation. The move comes as the UAE central bank formally joined Hong Kong’s Central Moneymarkets Unit (CMU). The two sides said… Read More

UAE’s Omnispay Closes $2m Round to Expand AI-Native SME Payments and Credit Platform

Omnispay, a UAE-based fintech focused on payments and cash-flow tools for small and medium-sized enterprises, has raised $2 million in a Pre-Series A round led by Infinity Value Capital Group, the company said. The fresh capital will fund product development and expansion as omnispay shifts… Read More

UAE’s Wio Bank Teams Up with Fintech Pine Labs to Enhance Merchant Acquiring Infrastructure

Wio Bank, a digital banking platform based in the UAE, has entered into a strategic alliance with Pine Labs, an international fintech company specializing in payment solutions. This collaboration aims to overhaul merchant acquiring systems by introducing cloud-based technology that eliminates outdated dependencies. Announced recently… Read More

MENA Region VC Ecosystem Remains Active with Focus on AI and Tech Startups : Research

The MENA venture capital ecosystem has experienced considerable activity as of late, as highlighted in a recent analysis by CB Insights. This in-depth study ranks the top 50 investors in the region, shedding light on their strategies, performance, and impact on emerging startups. By examining… Read More

Dubai Financial Services Authority Launches Crypto Regulatory Framework

The Dubai Financial Services Authority (DFSA) has launched a new crypto regulatory framework. According to a statement distributed by the DFSA, they have monitored market developments over the past three years, while working with policy counterparts and industry insiders to ensure the new rules are… Read More

Enhanced Real Estate Services Introduced by ADGM’s Registration Authority to Support Regional Investors

Abu Dhabi Global Market (ADGM), the international financial centre in the UAE capital, has taken another significant step forward in supporting its real estate sector. Through its Registration Authority (RA), ADGM recently announced a new integrated suite of real estate services, building upon the comprehensive… Read More

UAE Issues Sweeping Capital Markets Laws to Boost Oversight, Investor Protection

The United Arab Emirates has issued two federal decree laws revamping the governance of its capital markets, strengthening the independence and powers of the country’s securities regulator as the Gulf state seeks to bolster investor confidence and align its financial framework with global standards. The… Read More

UAE Issues Decree-Law To Tighten Children’s Online Safety Rules

The United Arab Emirates has issued a federal decree-law aimed at tightening online protections for children, setting out new duties for internet service providers, digital platforms and caregivers as the Gulf state prepares to designate 2026 as the “Year of the Family”. The decree-law creates… Read More

Alpha Dhabi Holding, Mubadala JV Acquires European Direct Lending Portfolio Managed by Apollo

Alpha Dhabi Holding PJSC, which claims to be one of the fastest-growing investment holding companies in the MENA region, listed on the Abu Dhabi Securities Exchange (ADX: AlphaDhabi), and Mubadala Investment Company PJSC, an Abu Dhabi sovereign investor, have recently announced that their joint venture… Read More

Tether’s Stablecoin USDT Now Recognized as Accepted Fiat-Referenced Token in Abu Dhabi’s ADGM

Tether, which claims to be one of the largest companies in the digital assets industry, has announced recently that USD₮ issued on a number of major blockchains has been formally recognised as an Accepted Fiat-Referenced Token (AFRT) within ADGM. The recognition allows Authorised Persons licensed… Read More

Crypto Exchange Binance Secures Global License Under ADGM Framework

Binance, which claims to be the world’s largest cryptocurrency exchange by trading volume and users, announced a regulatory update: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, has approved the authorisation of Binance’s… Read More

Emirates Gold, Public Gold Launch UAE Bullion-Dispensing ‘Gold ATM’

Emirates Gold and Malaysia’s Public Gold have installed a bullion vending machine in Dubai that the companies say is the first in the UAE to combine a Fintech account platform with automated dispensing of physical gold and silver. The firms unveiled the “Gold ATM” on… Read More

erad Announces $125M Facility Led by Jefferies to Support SME Financing in Middle East

erad, the Riyadh-headquartered alternative financing platform for SMEs, has partnered with Jefferies (NYSE: JEF) (with co-investment from Channel Capital) to secure $125M in a credit deal, in order to accelerate embedded finance solutions across the GCC region. After the transaction is completed, it will mark… Read More

Ripple’s Stablecoin RLUSD Now an Accepted Fiat-Referenced Token for Use within Abu Dhabi’s ADGM

Ripple, a financial technology company that offers crypto solutions for businesses, announced that its USD-backed stablecoin Ripple USD (RLUSD) has been recognized as an Accepted Fiat-Referenced Token by Abu Dhabi’s Financial Services Regulatory Authority (FSRA), enabling use within the ADGM, the international financial centre of… Read More

Swiss Wealth Management Firm Julius Baer Announces Business Expansion in Abu Dhabi

Julius Baer announces its expansion into Abu Dhabi with the establishment of an Advisory Office that is based in ADGM, currently being subject to final regulatory approvals. The new legal entity, Julius Baer (Abu Dhabi) Ltd., will aim to cater to ultra-high-net-worth individuals (UHNWIs), family offices,… Read More

Animoca Brands Obtains In-Principle Approval from ADGM’s FSRA

Animoca Brands announced it has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial center of Abu Dhabi, the Capital of the UAE, to operate as a regulated Fund Manager. Currently subject to the fulfillment of conditions and… Read More

Mastercard Access Pass Launches with McLaren Formula 1 Team and First Abu Dhabi Bank

Mastercard (NYSE: MA) launched Mastercard Access Pass, a program that enables issuers and partners to deliver experiences and perks to deepen consumer connections. Debuting with the McLaren Formula 1 Team and First Abu Dhabi Bank (FAB) in the UAE, Access Pass will enable FAB cardholders… Read More

First Abu Dhabi Bank to Enable Real-Time Payments Across Middle East

Thunes, the so-called Smart Superhighway to move money across the globe, announced that First Abu Dhabi Bank (FAB), the UAE’s Global bank, and one of the world’s largest financial institutions, has reportedly selected Thunes as its provider to support international mobile wallet payouts via its… Read More

AURAS Pay Introduces Decentralized Payment Tech Platform in Dubai

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

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