UAE’s ADIB Rolls Out Visa Remit! Service, Following Momentum in Saudi Arabia and Qatar
Visa Remit! launch will allow ADIB clients in the UAE to seamlessly send and receive instant cross-border fund transfers.
UAE
Cashless Society: Myth or Reality? Top Cashless Nations Globally
Envision a future where all the transactions are paperless. For some, it feels like utopia with less theft and more convenience, while others suggest more dystopian scenarios where all your money and assets can be taken away by an evil omnipresent government at any moment. While I, personally, believe truth lies somewhere in between, many […]
Dubai to Enable Crypto Payments for Government Services
Dubai Finance and Crypto.com partner to allow UAE citizens to pay for government services with crypto.
Dubai’s Du Announces Hyperscale Data Center Deal With Microsoft
The Emirates Integrated Telecommunications Company PJSC (du) on Tuesday, April 22, announced a 2 billion dirhams ($544.54 million) hyperscale data center deal with Microsoft.
MGX Pledges to Invest $2 Billion in Binance
Emirati state-owned investment company MGX announced $2 billion in financial injections into Binance, which was the cryptocurrency exchange’s first institutional investment and the single largest investment in the virtual currency sector.
Understanding the UAE Tax System for Newly Established Companies [2025 Guide]
If you’re reading this article, it means you’re planning to set up a new business in the UAE or already running one. The UAE has long been a premier business hub because of its business-friendly laws and regulations. Historically, the Emirates has been regarded for its 0% corporate tax rate. However, things have changed since […]
Mashreq Introduces Enhanced Business Platform Mashreq Biz
One of the leading financial institutions in the United Arab Emirates (UAE), Mashreq, launched a new digital platform, BIZ, for SMEs to facilitate their financial routines.
DeFi Platform MANTRA Secures VASP License in UAE
MANTRA Finance can now legally function as a Virtual Asset Exchange and offer Broker-Dealer, Management, and Investment Services in the UAE.
BitOasis Secures VASP License in Dubai
BitOasis can now offer a full range of crypto trading services in Dubai upon receiving a full virtual asset service provider (VASP) license.
Argentex Expands to UAE
Argentex innovative currency risk management and payment solutions are now available in the UAE
Wiki Finance EXPO Dubai 2024 Opens Up New Opportunities
Wiki Finance EXPO Dubai 2024, the world’s leading fintech event, will be held on November 27, 2024 at Millennium Plaza Downtown Hotel, Dubai! Book your tickets now: https://www.wikiexpo.com/Dubai/2024/en/index.html?c=MtwvZUMs The event is organised by WikiGlobal and WikiEXPO, co-organised by WikiFX, WikiBit, WikiStock, WikiTrade, Forex Pay and Australian Computer and Law Association(AUSCL), with strong support from the […]
Visa Flexible Credential Expands to US With Affirm Card
Visa Flexible Credential allows users to manage funding from various accounts for different purchase types, and use “Buy Now, Pay Later” services via the Affirm partnership.
Gulf IPOs See Growing Demand
Investors began to pay more active attention to initial public offerings (IPOs) of shares in the Persian Gulf countries, where recently companies from various areas of activity, including healthcare, beauty industry, and retail, were preparing to list their stocks against the background that the economy of this region is undergoing a process of diversification, gradually […]
How to Set Up a Bank Account in UAE for Non-Residents
Opening a Non-Resident Bank Account in the UAE presents a valuable financial opportunity for those wanting to leverage Dubai’s thriving economy, growing e-commerce sector and favorable tax environment without residency requirements. This overview explains the steps and benefits of establishing such an account. These accounts are designed for a range of clients, including expatriates, global […]
Middle Eastern Funds Invest Billions of Dollars Into AI Startups
Currently, in the Middle East, sovereign wealth funds, through their specific financial actions, demonstrate a clear and unambiguous desire to become the main sponsors of Silicon Valley in the area of developments related to artificial intelligence.
Abu Dhabi Seeks to Expand Partnership With Washington Through AI
Emirati President Sheikh Mohammed bin Zayed Al Nahyan’s first official trip to the United States, as reported by the media, is aimed at reaching agreements on a higher level of cooperation between Abu Dhabi and Washington in the context of preparing for the continuation of partnership relations between the two capitals within the framework of […]
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