UAE - page 3

Finance & Economics

Noventiq Completes Seven Seas Technology Acquisition

Noventiq, a global provider of digital transformation and cybersecurity solutions and services, closed the deals to acquire UAE-based Seven Seas Technology (SST).

News

Hala Acquires Paymennt.com

Saudi fintech company Hala announced the purchase of a payment startup from the UAE Paymennt.com.

Blockchain & Crypto

Abu Dhabi Launches $2 Billion Program for Web3 and Blockchain Development

The Hub71+ Digital Assets will be an ecosystem promoting the success of blockchain and Web3 startups.

News

Emirates Islamic Partners with Plug and Play Abu Dhabi for Fintech Accelerator

Dubai-based bank Emirates Islamic has launched a global fintech accelerator campaign in collaboration with Plug and Play Abu Dhabi

Finance & Economics

UAE Central Bank Launches Digital Finance Initiatives

The Central Bank of the UAE launched Financial Infrastructure Transformation Programme which includes nine key digital finance initiatives to make UAE financial and digital payment hub

News

Dubai Releases Crypto Regulations for Virtual Asset Services Providers

Dubai mandates licensing for crypto services providers with new regulatory requirements by the VARA.

News

Saudi Arabia Central Bank Launches CBDC Experiment

Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.

Blockchain & Crypto

UAE Backs Crypto Adoption With Trading Potential

The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.

Countries

First UAE Fintech to Launch India UPI Payment Integration

Last week, India decided to open its Unified Payments Interface (UPI) payment gateway for NRIS (non-resident Indians).

News

FlexxPay Partners ADCB to Offer Payroll Services in UAE

This new alliance gives UAE companies an opportunity to provide their unbanked employees with complete digital bank accounts using the FlexxPay app with access to ADCB payroll services

News

Abu Dhabi Islamic Bank Release Contactless Payment Devices

The Islamic Bank of Abu Dhabi launched the release of devices for contactless payments.

Fintech & Ecommerce

Mastercard Touch launches in UAE

Ajman Bank and Mastercard team up on card for the visually impaired in UAE

Blockchain & Crypto

Emirates NBD will run the Metaverse startup accelerator

Emirates NBD is looking for leading FinTech start-ups with digital experience and emerging technology players operating across the metaverse

Countries

Where do global governments stand on the CBDC issue?

Many countries have explored and tested national digital currencies. Yet, it doesn’t mean they are going to implement them. Read how national opinions on CBDC have changed over time

Countries

How to open a non-resident bank account in the UAE

The procedure is quite simple

Countries

The Middle Eastern country is equipping to turn into a worldwide crypto center 

UAE plans on issuing crypto licenses in a bid to embrace industry