DKK Digital granted full VARA license, accelerating regulated Web3 expansion in Dubai
DKK Digital FZE has secured full regulatory approval from the Dubai Virtual Assets Regulatory Authority (VARA) to operate as a…
FinTech
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AI transforming financial reporting and auditing in Qatar and beyond
Artificial Intelligence (AI) is rapidly reshaping the landscape of financial reporting and auditing, with 72% of companies globally already piloting…
QIIB partners with Visa to enhance fraud prevention and risk management
QIIB has announced a new agreement with Visa, a global leader in digital payments, to implement advanced risk solutions to…
UAE to launch regulated Dirham-backed stablecoin to boost blockchain payments
IHC, ADQ, and First Abu Dhabi Bank have announced plans to launch a new stablecoin backed by Dirhams. The stablecoin…
AI Becomes New Cash Cow for Dubai
From Dubai to DubAI? At least the DIFC (Dubai International Financial Centre) is attempting the balancing act. According to DIFC…
Visa supports cross-border transfers in Bahrain
Visa has launched its Visa+ service in Bahrain, enabling customers to conduct cross-border transfers within the Gulf Cooperation Council (GCC)…
AI in Middle East banking could add 13.6% to GDP by 2030, reveals report
Banks across the Middle East are fast-tracking their artificial intelligence (AI) adoption, setting the stage for a transformative impact on…
Standard Chartered and OKX launch world-leading collateral mirroring programme
Standard Chartered and OKX have announced the launch of a ground-breaking, world-leading collateral mirroring programme, enabling institutional clients to utilise…
Taurus Unveils First Interbank Digital Asset Network
Taurus has unveiled the first interbank digital asset network. Takeaway Points Taurus has unveiled the first interbank digital asset…
Turkey's Sipay raises $78 million
Turkish emebedded finance fintech Sipay has raised $78 million at a valuation of $875 million. The round was led…
Capgemini to establish AI Center of Excellence in Egypt to accelerate AI-driven innovation for global clients
Capgemini has announced it will establish an AI Center of Excellence (CoE) in Egypt focused on accelerating the generative and…
The Central Bank of the UAE awards tap payments a full payment services license
Tap Payments has been awarded a Retail Payment Services License by the Central Bank of the UAE (CBUAE), completing its…