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.


JPMorgan Expands UAE Services

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


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).

Blockchain & Crypto

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.


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.


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, […]


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).

Blockchain & Crypto

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

Blockchain & Crypto

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


LuLu Group Raises $2.72 Billion

LuLu Group International, which is based in Abu Dhabi and owns one of the largest hypermarket chains in the Middle East, is raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of the expected initial public offering (IPO).

Blockchain & Crypto

TOP 10 Blockchain development companies in the UAE

The United Arabian Emirates is fast becoming a hub of blockchain technology. The region’s government and private sector have shown great interest in blockchain’s potential by initiating various projects.

Finance & Economics

UAE and Hong Kong Strengthen Financial Cooperation

The Central Banks of the United Arab Emirates (UAE) and Hong Kong held a bilateral meeting to enhance collaboration between the two financial services sectors, including cooperation on virtual asset regulations

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