Retail traders in the UAE can now unlock access to institutional grade derivatives trading and access 5x leverage, previously reserved for qualified investors only. Regulated retail derivatives to give traders greater flexibility, risk control, and strategic options across all market conditions. Arabic and English language user education tools and risk management features are being rolled […]
Zodia Markets raises $18.25mln in Series A to fuel International Expansion, Stablecoin Payments
Capital to accelerate international growth, stablecoin payment solutions, multi-asset trading products and regulated digital asset infrastructure. London, Monday 28th July 2025 – Zodia Markets, the digital asset platform enabling institutional capital through stablecoins, has raised $18.25 million in a Series A funding round, as demand for real-time wholesale trading, settlement and cross-border movement via stablecoins skyrockets. The […]
UAE-based CE-Ventures Invests in Fintech Giants Plaid and Mesh, Signaling Strong Bet on Future of Open Finance
UAE-headquartered venture capital platform participates in combined $657 million funding rounds for leading fintech and crypto firms. Investments in Silicon Valley Startups Plaid and Mesh Focuses on Data Infrastructure and Digital Asset Movement as Critical Enablers of Financial Interoperability Future Of Finance to be Open, Programmable, and Crypto-Native, Requiring New Technical Infrastructure Generational Shift in […]
Saudi-based Lean Technologies Secures In-Principle Approval from CBUAE Under Open Finance Framework
Among the first to receive the UAE Central Bank’s Open Finance IPA Lean is helping shape a new era of connected financial services, enabling faster payments, broader access to credit, and greater inclusion across the UAE Over $2B processed to date through 1M+ connected accounts Dubai, UAE – Lean Technologies (Lean), the MENA region’s leading financial […]
Gulf Craft becomes first MENA shipyard to accept regulated Crypto-to-Fiat Payments
Dubai, UAE – Gulf Craft now offers a fully regulated crypto-payment solution for yacht and leisure craft purchases, service and refit works, reinforcing both the shipyard’s appetite for innovation and the UAE’s growing stature as a global hub for digital assets. “By integrating ARP Pay, Gulf Craft not only meets evolving client preferences but also strengthens the UAE’s […]
NBK Reports KD 315.3 Million in H1 2025 Net Profit, Up 7.8% YoY
Vice Chairman and Group CEO Speaks on the Sidelines of the 1H2025 Analysts’ Conference Call Our loan portfolio recorded Strong growth, both in Kuwait and through our international operations Our regional and global footprint continues to play a key role in mitigating risks and sustaining earnings stability Confident in our ability to navigate challenges, we […]
CBUAE and Mercury launch Joint Venture to Strengthen UAE’s National Financial Market Infrastructure
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced the formation of a strategic joint venture, Unitey Business Services, aiming at supporting the Financial Infrastructure Transformation programme (FIT) launched by the CBUAE. This joint venture will enhance the operations of the UAE’s national financial market infrastructure and meet the highest […]
Mastercard partners with Uber to enhance payment experiences for Drivers, Couriers and Consumers
Uber will leverage a range of Mastercard products and services to help scale financial tools for Uber drivers and couriers and extend benefits to Mastercard cardholders engaging across the Uber platform. Mastercard is deepening its global payments partnership with Uber to improve experiences for drivers, couriers and Mastercard cardholders using the Uber platform. Uber will […]
CBUAE and Presight Launch AI-Powered Joint Venture to Drive UAE’s Financial Infrastructure Transformation Programme
This strategic partnership marks a major milestone in the UAE’s journey to strengthen resilience, and harness artificial intelligence across every facet of its financial ecosystem. ABU DHABI – The Central Bank of the United Arab Emirates (CBUAE) and Presight, a leading AI and big data analytics company, have announced the launch of a groundbreaking joint […]
Abu Dhabi Islamic Bank reports $1.09bln pre-tax profit in H1 2025, up 16% YoY
Abu Dhabi Islamic Bank (ADIB) today announced a 16 percent year-on-year increase in pre-tax net profit for the first half of 2025, reaching AED4 billion, reflecting strong balance sheet growth, continued business momentum, and a rising customer base. The bank delivered another record performance in Q2 2025, with pre-tax net profit up 14 percent year-on-year […]
