Abu Dhabi/Dubai – May 27, 2025 — In a groundbreaking announcement that cements the UAE’s position as a global AI powerhouse, OpenAI has confirmed that all residents and citizens of the United Arab Emirates will soon enjoy free access to ChatGPT Plus, the premium version of its widely used AI chatbot. The move is part […]
For breaching common reporting standard regulations, foreign account tax compliance regulations. ADGM’s Financial Services Regulatory Authority Fines 23 Entities for Breaching Common Reporting Standard Regulations, Foreign Account Tax Compliance Regulations Abu Dhabi, 26 May 2025: The Financial Services Regulatory Authority (FSRA) of ADGM imposes penalties totaling AED 610,000 on 23 entities for contraventions of the […]
Interview with Arnulfo Relampagos, Manager – Assurance & Operations, Swift Advisory. What prompted Swift Advisory to specialize in financial consulting for crypto? It really began with some of our existing clients who were already working in crypto and digital assets. They were looking for support with structuring their operations, reporting accurately, and staying compliant, especially […]
Developed in partnership with Transworld Business Advisors, the platform specialises in mergers and acquisitions and is accessible to investors worldwide. Mohamed Al Musharrkh: The platform reinforces Sharjah’s status as a regional hub for M&A activities in the SME sector. Ahmad Ibrahim: We are confident in the long-term impact this platform will have in enhancing the […]
Fueled by investments from Plus VC and Oasis500, Toolmart is poised for regional expansion following record-breaking growth and strong market momentum. MENA: Toolmart, a leading B2B tech startup revolutionizing how industrial supplies are sourced and procured in the Middle East, has raised a seed funding round led by Plus VC, the most active MENA VC and Oasis500, alongside prominent […]
Unique Properties, a leading real estate agency in Dubai, outlines the key factors to consider when making a purchase with crypto. Dubai, UAE: In 2025, buying property in Dubai with cryptocurrency is no longer just a novelty – it’s becoming a serious alternative to traditional real estate transactions. With the UAE’s proactive approach to blockchain and […]
Muscat: As part of its ongoing commitment to enhancing the customer experience, ahlibank has inaugurated a new branch featuring dedicated service centers for the ‘Al Nukhba’ and ‘Exclusiv’ individual private banking segments. The inauguration took place in the presence of a distinguished group of the bank’s executives and employees. The new branch is strategically located on […]
Jordan is one of the UAE’s largest outbound remittance corridors, with the annual outbound flow averaging over $1 billion Dubai, UAE: Careem Pay, the digital payments platform within the Careem app, expands its remittance service to Jordan, allowing UAE residents to send money directly to bank accounts in Jordan quickly and at competitive rates. Careem Pay […]
D360 Bank, the innovative Saudi Shariah-compliant digital bank, has announced that it has reached more than one million customers within the first four months of its official launch, setting a new global benchmark in digital banking adoption. This milestone underscores the growing demand for seamless and secure digital financial solutions in Saudi Arabia. Since beginning […]
Dubai, UAE – Gainz, the UAE-based financial technology startup, proudly announces the successful closing of its 7-figure USD pre-seed investment round, structured as a mix of equity and debt. The round was led by Antler MENAP, Lithium Holdings, and Eleventh Invest Inc, with additional participation from a diverse group of high-net-worth investors across the region. […]