UAE

News

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.

News

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 […]

Fintech & Ecommerce

Revolut Reportedly Seeks to Expand Into UAE and Saudi Arabia

The media reports that Revolut, a fintech company based in the United Kingdom, currently has plans to expand the scope of its activities in the Gulf Cooperation Council (GCC) member countries.

News

Crypto.com Launches Global Retail Services Through Its Dubai Hub

The launch of Crypto.com global retail services is enabled by Standard Chartered’s tailored banking solutions and the forward-thinking regulatory framework of Dubai’s Virtual Assets Regulatory Authority (VARA).

Blockchain & Crypto

M2 Enables UAE Residents to Trade Bitcoin and Ether Via Bank Accounts

Crypto exchange M2 introduced a new integration that allows UAE customers to convert dirhams in their bank accounts directly into Bitcoin and Ether.

Events

Middle East Retail Banking & Payments – Symposium

Event Link:  www.merbp.com Event Registration: www.merbp.com/register/ Download Event Agenda: www.merbp.com/download-event-agenda/  Middle East Retail Banking & Payments – Symposium, Exhibit and Awards is an exclusive gathering designed to address the pivotal challenges and opportunities steering the course of banking in the region. This symposium serves as a critical nexus for industry leaders, innovators, and solution providers, […]

News

Mastercard and Network International Roll Out Business Payment Solutions in UAE

Network International presented new solutions for business transactions in the United Arab Emirates (UAE).

News

Commercial Bank of Dubai Partners With Visa

Commercial Bank of Dubai cooperates with Visa in the area of credit and debit cards, core data assets and insights, and marketing initiatives.

Articles

Highly Recommended Payment Gateways in UAE 2024

The e-commerce sector in the United Arab Emirates (UAE) is currently experiencing a significant growth spurt. It’s a bustling industry that is rapidly expanding, with projections indicating that it is expected to reach a market volume topping a staggering US$6,854.2 million by the year 2027.

News

Seamless Middle East 2024 Conference (Dubai): Photo Report

Seamless Middle East 2024 (Free Middle East 2024) is the 24th conference held at the Dubai World Trade Center. It brings together entrepreneurs from all over the world under one roof. We have a photo report from the scene. This year’s event, which will last three busy days (from May 14 to 16), gathered more than 25,000 […]

Science & Technology

Microsoft Invests $1.5 Billion in AI Company G42

Microsoft has invested $1.5 billion in G42, which is based in Abu Dhabi and operates in the artificial intelligence industry.

Fintech & Ecommerce

Insurtech Startups that Boost Insurance Accessibility in UAE

Insurance is an important aspect of one’s financial and social well-being. Modern technology facilitates and improves universal access to different insurance types and helps both sides settle claims seamlessly. In the UAE, health insurance is mandatory, so insurtech services target literally every Emirati citizen. 

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.

News

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.

News

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.