UAE - page 6

Emirates NBD Enters Sustaibability-Focused Partnership With Microsoft
Fintech & Ecommerce

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

Bahrain Gets Permission to Join Gulf Region Payment System
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.

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

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

Network International in Talks Over £2 Billion Bid
Fintech & Ecommerce

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.

First Islamic Bank Goes Live on UAE KYC Blockchain Platform
Blockchain & Crypto

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

Visa Launches Visa Eco Benefits in UAE
Fintech & Ecommerce

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

Uber Sells $400 Million Stake in Careem Super App Business
Fintech & Ecommerce

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.

Republic Crypto Expands to UAE
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

UAE Сentral Bank Selects Technology and Legal Partners for CBDC Project
Finance & Economics

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.

UAE and India to Test Cross-Border CBDC Use
Blockchain & Crypto

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)

Mashreq and i2c Partner to Aid Fintech Payments in UAE
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).

Noventiq Completes Seven Seas Technology Acquisition
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).

Hala Acquires Paymennt.com
Fintech & Ecommerce

Hala Acquires Paymennt.com

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

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

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.

UAE Central Bank Launches Digital Finance Initiatives
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

Dubai Releases Crypto Regulations for Virtual Asset Services Providers
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.