UAE - page 3

News

Emirates NBD Enters Sustaibability-Focused Partnership With Microsoft

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

Fintech & Ecommerce

Bahrain Gets Permission to Join Gulf Region Payment System

Bahrain plans to join the unified system of payments and settlements of the Persian Gulf countries.

News

Al Hilal Bank Partners With BLME to Bring Digital UK Banking to UAE

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

News

Network International in Talks Over £2 Billion Bid

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.

News

First Islamic Bank Goes Live on UAE KYC Blockchain Platform

Abu Dhabi Islamic Bank (ADIB) has gone live on the UAE national blockchain ecosystem for the exchange of verified KYC data

News

Visa Launches Visa Eco Benefits in UAE

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

News

Uber Sells $400 Million Stake in Careem Super App Business

Careem, a Middle Eastern company that specializes in providing car rental services, is transforming its super app business into a new startup.

Blockchain & Crypto

Republic Crypto Expands to UAE

A global blockchain firm Republic Crypto expands its tech advisory services to the UAE, aiming at wider MENA market

News

UAE Сentral Bank Selects Technology and Legal Partners for CBDC Project

The UAE Central Bank (CBUAE) has chosen Clifford Chance, R3, and G42 Cloud as partners in the implementation of the digital currency creation project.

News

UAE and India to Test Cross-Border CBDC Use

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)

Fintech & Ecommerce

Mashreq and i2c Partner to Aid Fintech Payments in UAE

Mashreq and i2c announced the beginning of cooperation, within the framework of which the companies will present digital payment solutions in the financial services market of the United Arab Emirates (UAE).

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.

Finance & Economics

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

News

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