UAE - page 4

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

Blockchain & Crypto

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’.

Finance & Economics

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.

News

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