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).
Dubai International Financial Centre will be issuing artificial intelligence (AI) and Web3 licenses at a 90% subsidy
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 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).
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.
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
The sustainability and innovation-focused collaboration between Emirates NBD and Microsoft will be based on four pillars: measurement, data conversion, ecosystem development and process improvements
Bahrain plans to join the unified system of payments and settlements of the Persian Gulf countries.
Al Hilal Bank customers in the UAE now have a quick and simple way to access digital banking services as if they were in the UK
Network International, which is based in Dubai, is currently in talks with a consortium led by CVC Capital Partners to buy the company for 2 billion pounds.
Abu Dhabi Islamic Bank (ADIB) has gone live on the UAE national blockchain ecosystem for the exchange of verified KYC data
The new Eco Benefits solution will allow Visa issuers to add sustainability-focused features to existing Visa credit and debit products, encouraging sustainable consumption and behaviours
Careem, a Middle Eastern company that specializes in providing car rental services, is transforming its super app business into a new startup.
A global blockchain firm Republic Crypto expands its tech advisory services to the UAE, aiming at wider MENA market
The UAE Central Bank (CBUAE) has chosen Clifford Chance, R3, and G42 Cloud as partners in the implementation of the digital currency creation project.
The Central Bank of the UAE and the Reserve Bank of India have agreed to jointly explore innovation in financial products and services, especially Central Bank Digital Currencies (CBDC)
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