Developers using Bridge can now programmatically issue stablecoin-linked Visa cards in multiple countries through a single API integration. With these new cards, businesses and individuals can spend their stablecoin balance on everyday purchases, anywhere Visa is accepted. SAN FRANCISCO—Visa (NYSE:V), a global leader in digital payments, and Bridge, a leading stablecoin orchestration platform and a […]
Dubai, United Arab Emirates, 1 May 2025: MAG, the leading real estate developer in the UAE has signed a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator — marking the largest real-world asset (RWA) tokenization initiative globally to date. The […]
Dubai, UAE – May 2, 2025 — JPMorgan’s blockchain arm, Kinexys (formerly Onyx), has made significant inroads into the Middle East and North Africa (MENA) region, with eight of the region’s largest banks now leveraging its blockchain-based payments infrastructure. Among the confirmed financial institutions are; Qatar National Bank Saudi National Bank First Abu Dhabi Bank […]
Global leader brings its trusted brand and powerful network to enable payments with new technologies Launches new innovations and partnerships to drive flexibility, security and acceptance The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI plus the introduction of […]
Fuze provides Digital Assets-as-a-Service infrastructure enabling financial institutions and businesses across MENA and Turkey. Abu Dhabi, UAE and New York, USA: Fuze, the Middle East and Turkey’s fastest growing digital assets infrastructure firm, today announced the successful completion of a $12.2 million Series A funding round led by Galaxy (TSX: GLXY), a global leader in […]
Dubai, UAE, 30 April 2025: Emirates and American Express Middle East (AEME) have signed a Memorandum of Understanding (MOU) at Arabian Travel Market (ATM) that intends to expand their collaboration to explore new offerings for Small and Medium Enterprises (SMEs) in select countries across the Middle East and North Africa. Together, Emirates and American Express […]
The International Smart Card (ISC), Iraq’s fintech major, joins the MENA Fintech Association (MFTA), a not-for-profit organisation registered with the Abu Dhabi International Financial Centre (ADGM), to support digital finance growth. The new alliance is set to spread financial literacy across the MENA region. The International Smart Card (ISC), also known as Qi Card, was […]
The MEA enterprise agentic AI market generated $102.2 million in revenue in 2024. Meta’s partnership with Startupbootcamp through the Llama Design Drive program aligns with the rapid growth of agentic AI in the Middle East and Africa. The MEA enterprise agentic AI market generated $102.2 million in revenue in 2024 and is projected to reach […]
Abu Dhabi, 29 April 2025 – Abu Dhabi Commercial Bank PJSC (ADCB) today reported its financial results for the first quarter of 2025 (Q1’25). 15th consecutive quarter of growth(2) in profit before tax marked by well-diversified income streams and improved efficiencies amid continued strength in UAE economic fundamentals Key highlights – Q1’25 vs. Q1’24 Profit before […]
Profit before tax was AED 6.13 billion, up 22% yoy Total assets cross AED 1.3 trillion milestone, up 6% yoy FAB accelerates AI deployment and becomes first bank in region to use AI Agent Board Observer Abu Dhabi: First Abu Dhabi Bank (FAB) delivered record results for the first quarter of 2025, with Group net profit […]