UAE

Articles

How Alternative Lenders Facilitate Credit Access in UAE

Traditional banks and financial institutions in the UAE typically have rigid lending criteria and abundant bureaucracy, which makes access to credit challenging for certain individuals and small businesses.

Finance & Economics

Alibaba Seeks Middle East Partners

Chinese e-commerce giant Alibaba Group Holding Ltd. is currently seeking to establish partnerships with companies from the United Arab Emirates and Saudi Arabia.

Fintech & Ecommerce

Mashreq Introduces NEO Credit for Salaried Customers

Middle East banking pioneer Mashreq has launched the NEO Credit solution to offer small-sized loans for salaried individuals.

Finance & Economics

UAE Commits $30 Billion to Climate Finance

The UAE has announced investments of $30 billion to launch a financing mechanism aimed at forming a kind of base for creating a more transparent system for financing projects to combat climate change.

News

JPMorgan Expands UAE Services

JPMorgan announced the expansion of its operations in the United Arab Emirates (UAE).

Fintech & Ecommerce

Aani Instant Payments Platform Launches in UAE

Aani, an instant payments platform, aims to transform the landscape of digital payments in the UAE, ushering in a new era of seamless, secure, and instant digital payments.

Fintech & Ecommerce

Visa Partners With ABHI and YellowPepper

Visa announced the establishment of partnerships with ABHI and YellowPepper in order to scale the implementation of payments from account to account (A2A).

News

Crypto Grows in Africa and MENA as Shield Against Inflation

Bitcoin remains the most dominant cryptocurrency in Sub-Saharan Africa, while rising inflation makes Turkey the fourth country worldwide in raw crypto transaction volume rating.

Fintech & Ecommerce

Visa and Neopay Cooperate in UAE Payments Market

Visa and Neopay, a subsidiary of Mashreq specializing in the provision of payment financial services, announced the beginning of cooperation with the aim of introducing an installment payment system in the United Arab Emirates.

News

NBD Invests in Fintech Erguvan

Emirates NBD has sent investment funds to equity Erguvan, a company that works in the area of financial technology.

Finance & Economics

Brokerage Essentials: What to Look for in a Reliable Trading Partner

Choosing a reliable trading partner is essential for any investor, as it can make or break your success in achieving financial gains. With the wide range of options available regarding brokerage services, it can take time to differentiate which ones offer the best services and provide you with the most advantageous opportunities. In this article, […]

News

UAE Launches Bilingual AI Model

Inception, a subsidiary of Abu Dhabi-based G42 firm specializing in machine intelligence, the California-based Cerebras research company, and the Mohammed bin Zayed University of Artificial Intelligence (MBZUAI) have developed a large language model called Jais.

Science & Technology

UAE Partners With Mastercard to Accelerate AI Adoption

Mastercard has established a global centre for advanced AI and cyber technology in Dubai, UAE to realize the aspirations outlined in the UAE Strategy for Artificial Intelligence 2031.

Finance & Economics

Emirates Development Bank Collaborates With Trade Capital Partners to Offer Supply Chain Finance

The Emirates Development Bank (EDB) has entered into a partnership agreement with Trade Capital Partners (TCP), which aims to create a solution for supply chain financing and working capital for small and medium-sized businesses in the United Arab Emirates (UAE).

Science & Technology

Dubai to License AI and Web3 Startups in Subsidised Manner

Dubai International Financial Centre will be issuing artificial intelligence (AI) and Web3 licenses at a 90% subsidy

News

UAE to Establish Blockchain-Based National Carbon Credit System

The Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group LLC and Venom Foundation to jointly establish a national system for carbon credits using blockchain technology