Al-Dakhil: This is a strategic step towards reshaping the customer’s digital banking experience. The revamped platform represents a turning point in customer engagement with banking services. We strongly believe that real innovation stems from understanding customers’ needs and providing solutions beyond their expectations. In a step that reflects its commitment to prioritizing customer experience and […]
Ramallah, Palestine: Bank of Palestine has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of the Capital of the United Arab Emirates (UAE) to obtain a Category 1 (CAT1) License. This authorization will allow Bank of Palestine to conduct the following regulated activities in or from […]
Ken Griffin’s Citadel is establishing an office in Dubai, marking a significant win for the city’s attempts to become a hub for the industry. The office will help Citadel strengthen its around-the-clock trading capabilities and deepen relationships with companies that already have a significant presence in the Gulf. Members of its Fixed Income and Macro […]
Dubai, United Arab Emirates: GivTrade, an international multi-asset brokerage providing access to global markets via CFDs, today announced that it has been granted a Category 5 (“Arrangement and Advice”) license by the UAE Securities and Commodities Authority (SCA), marking a significant milestone in the broker’s regional growth strategy. The license was issued on 22 December 2025 […]
Emirates NBD has been awarded Middle East Equity House of the Year and Middle East Equity Issue of the Year for du’s AED 3.15 billion follow-on offering. Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has been awarded Middle East Equity House of the Year 2025 […]
December 25, 2025 In a milestone announcement revealed during Abu Dhabi Finance Week, Emirates Coin Investment (EmCoin), the first UAE SCA-licensed Virtual Asset Service Provider, and Hotdesk, the global leader in flexible workspace technology, signed an MoU to explore launching the groundbreaking DESK Token Initial Coin Offering (ICO) in 2026, subject to regulatory approvals. Envisioned as […]
ADI Foundation developing infrastructure for Dirham-backed stablecoin Fasset to provide regulated onboarding, KYC and on-/off-ramp infrastructure Abu Dhabi, United Arab Emirates – Fasset, a leading global banking and investment platform, today announced a strategic partnership agreement with ADI Foundation (ADI), an Abu Dhabi-based non-profit founded by Sirius International Holding, a subsidiary of IHC, the largest listed company in the MENA region. […]
UAE-based fintech Lucid Capital has closed a $2.5 million Seed funding round, led by Tharawat Holding, with participation from Singular Link, as the company looks to strengthen its trading infrastructure and accelerate artificial intelligence research. Founded in the US in 2022 by Hamad Aldighrir, Ye Gu, and San X., Lucid Capital is a quantitative algorithmic […]
Collaboration aims to co-create data-driven financial solutions, expand access to SME financing, and accelerate corporate innovation across the UAE’s evolving economic landscape. Abu Dhabi, United Arab Emirates – 23 December 2025: Comera Financial Holdings, part of Abu Dhabi’s Royal Group, and SC Ventures, signed an MoU announcing a strategic collaboration to jointly explore new opportunities […]
Dubai, UAE: Commercial Bank of Dubai (CBD) has set a new benchmark for the UAE banking sector by becoming the first bank in the country to fully activate Open Finance into live operational use under the Central Bank of the UAE’s Open Finance Initiative, AlTareq. The activation has been delivered in collaboration with Central Bank–licensed third-party […]