What can you buy with cryptocurrency in the UAE?
UAE residents can use cryptocurrency for airline tickets, airport retail purchases and selected property transactions through regulated payment channels. Dubai…
FinTech
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PwC Middle East and Label tie up on FATCA, CRS and CARF Automation
PwC Middle East has entered an exclusive strategic collaboration with Label, a specialist regtech firm, to deliver automated FATCA, CRS…
Avaloq Wealth Management Index Highlights UAE’s Digital and Demographic Edge
The inaugural Avaloq Wealth Management Index identifies the UAE as a leading wealth management market, supported by demographic momentum, digital…
Digital & Financial Services Unveiled for Egyptians Abroad
The Egyptian government has unveiled a package of financial, investment and digital initiatives for Egyptians living abroad, introducing new services…
MultiBank integrates Botim to simplify funding for mb.io users in UAE
MultiBank Group's digital asset platform, mb.io, has integrated Botim as a payment method, allowing users in the UAE to fund…
MEEZA secures additional QR1.6bn Murabaha facility from Dukhan Bank
Data centres and managed IT services provider MEEZA has secured an additional QR1.6bn Commodity Murabaha bank facility from Dukhan Bank.…
UAE’s cash card could function as surveillance tech, expert says
The United Arab Emirates has said its newly inaugurated domestic cash card will bolster the sovereignty of the country’s financial…
Turkey boosts clean technology startups ahead of COP31
Türkiye's Scientific and Technological Research Council has launched new initiatives to support clean technology startups ahead of the UN Climate…
International Finance recognises Commercial Bank for digital leadership
Commercial Bank has been recognised with two awards by International Finance for ‘Best Mobile Banking App’ and ‘Most Innovative Use…
Bank Nizwa eyes Oman Islamic banking giant, Revolut expands into UAE digital assets
Bank Nizwa's proposed acquisition of Oman's Alizz Islamic Bank and Revolut's regulatory approval to expand digital asset services in Dubai…
UnionPay, CBUAE, Al Etihad Payments and Bank of China Boost Cross-Border Payments
UnionPay International has signed three strategic Memorandums of Understanding with the Central Bank of the United Arab Emirates, Al Etihad…
PILLAR Targets Middle East Expansion With US$15 Million Series A Round
Singapore-headquartered fintech PILLAR plans to raise US$10 million to US$15 million in a Series A funding round to finance its…