Bitexen MENA has been granted a Financial Services Permission (FSP) to operate a Multilateral Trading Facility (MTF) in relation to virtual assets and fiat-referenced tokens, and Bitexen Custody has been granted an FSP to Provide Custody services in relation to virtual assets and fiat-referenced tokens, by the FSRA of ADGM, the international financial centre (IFC) […]
NEW YORK & ABU DHABI, UAE – Cantor, a premier global investment bank and part of the Cantor Fitzgerald group of companies, today announced that The Financial Services Regulatory Authority (“FSRA”) of ADGM, the international financial center of Abu Dhabi, has granted the firm approval to conduct regulated financial activities within the ADGM. The approval, […]
Abu Dhabi, United Arab Emirates: Core42, a G42 company specializing in sovereign cloud and AI infrastructure, today announced the successful arrangement of two structured trade finance facilities (“the facilities”) amounting to USD550 million with HSBC to accelerate its AI cloud and compute deployments across the United States and Europe. The facilities of USD240 million and USD310 […]
Dubai, UAE: In line with Dubai’s continued vision to position itself as a global leader in digital transformation and financial innovation, Dubai Insurance has welcomed the newly announced Dubai Government initiative enabling government fee payments through cryptocurrency; a landmark step that further accelerates the adoption of digital assets across everyday transactions and public services in the […]
Early issuing partners in Egypt engaging in the Visa Agentic Ready program include National Bank of Egypt, Banque Misr, Qatar National Bank Egypt, Arab African International Bank, Alex Bank, and Bank NXT. Cairo, Egypt: Visa, a global leader in digital payments, today announced the launch of its global Agentic Ready program in Central Europe, Middle East, […]
Cairo, Egypt : Mastercard and CIB, Egypt’s leading and largest private-sector bank, have renewed their partnership to support digital payments innovation and expand access to financial solutions in Egypt. This partnership enables Mastercard to support CIB across core digital payments capabilities and card issuance, allowing the bank to deliver secure, seamless, and efficient payment experiences for consumers […]
Abu Dhabi, UAE, Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail Investment Company (JIC). The Jubail Island project, solely financed by ADIB from inception through to completion, reflects the Bank’s integrated approach to supporting landmark […]
Datuk Seri Khairussaleh Ramli, president and group CEO of Maybank, said the bank’s strategic focus on the MYR-SGD currency pair reflects the ambition to lead in facilitating seamless cross-border transactions, leveraging Maybank’s Malaysia-Singapore corridor advantage and position as an Asean gateway bank KUALA LUMPUR (March 31): Maybank, a participant of Bank Negara Malaysia’s Digital Asset […]
Dubai, UAE – du Pay, the advanced digital financial services platform from du, a secure mobile application for managing money in the UAE, has signed a strategic Memorandum of Understanding (MoU) with GCash, the Philippines’ leading super finance app, to enhance the overall cross-border payment experience of overseas Filipinos in the United Arab Emirates (UAE). As […]
Revolut has been granted an Organisation Authorisation by the SBS, a critical step in the licensing process toward operating a fully regulated new bank in Peru Peru joins Brazil, Mexico, Colombia, and Argentina as a key pillar in Revolut’s Latin American expansion, supporting its global goal of expanding into 100 markets Revolut continues to scale […]