Abu Dhabi – The Abu Dhabi Registration Authority (ADRA), the Abu Dhabi Department of Economic Development’s (ADDED) arm to develop and regulate the business sector, has reported a 21% increase in the number of new economic licences issued during the first quarter (January to March) of 2026, compared to the corresponding period in 2025. The strong […]
ABU DHABI, UAE — Robo.ai Inc. (NASDAQ: AIIO), a Nasdaq-listed UAE-based company, announced today that it has entered into an agreement to acquire 100% of the equity interests of QC Capital Limited (“Quantum Core” or “QC Capital”). Under the agreement, the total consideration for the proposed transaction is US$60 million, payable in newly issued Class […]
Nuvion, the AI-powered global banking and cross-border payments platform built on fiat and stablecoins for businesses & fintechs, today announced a collaboration with Visa Direct to strengthen real-time global payout capabilities for businesses operating across borders. For businesses managing suppliers, contractors, customers, and partners across multiple markets, moving money quickly remains one of the biggest […]
Loan Against Investments marks the first fully digital experience of this nature in the region. • Wio Bank customers can now pledge ADX-listed shares as collateral to access financing, keeping their investments intact and their dividends flowing Abu Dhabi, UAE – Wio Bank, in partnership with the Abu Dhabi Securities Exchange (ADX) Group, one of the […]
With Mashreq’s Everyday Cashback programme, customers get access to cashback offers of up to 20% at leading brands across UAE and internationally The launch extends the benefits of Mashreq’s award-winning Vantage Rewards ecosystem to both debit & credit cardholders for the first time Dubai, UAE: Mashreq, has partnered with Visa and RezolveAi, a global leader […]
HSBC announced the launch of its Tokenised Deposit Service (TDS) in the United Arab Emirates, marking a significant expansion of its digital money capabilities to enable seamless, real-time funds movement across jurisdictions in a regulatory-compliant, always-on environment. TDS combines the familiarity and trust of traditional bank deposits with the speed, transparency, and automation of blockchain-based […]
Key highlights New Takaful solution developed to support wealth protection, succession planning and intergenerational transfer Launch builds on Manulife’s growing commitment to the region, including its recently established DIFC office in Dubai Leverages Manulife’s Global High-Net-Worth expertise across Bermuda, Hong Kong, Singapore and Dubai Dubai, UAE – Manulife today announced the launch of Manulife Maseera Indexed Takaful […]
Riyadh, Saudi Arabia – June 22, 2026 – Foodics, the leading restaurant operations and financial management platform in the MENA region, announced the completion of its full acquisition of Norma AI, a Greece-based artificial intelligence company built for the hospitality and restaurant industry. The Norma team has joined Foodics’ AI division, and Norma’s Analytics Agent and BI application […]
DUBAI, UAE – Citi today announced the appointment of Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026. Garg will lead the strategic advancement and performance of Citi’s Wealth vertical (Citigold, Citigold Private Client and Credit Cards) in the UAE, while strengthening the business’s risk and control framework in line with […]
Introduced under the Central Bank of the UAE’s (CBUAE) Universal Accounts Framework, the launch gives more residents access to regulated accounts, advancing financial inclusion across the UAE. Dubai, UAE – botim money, the UAE’s leading fintech platform, has launched IBAN-enabled wallets, expanding access to regulated financial services across one of the country’s most widely used digital […]