SICO Capital licensed by the Capital Market Authority and a wholly owned subsidiary of SICO BSC (c), a leading regional asset manager, broker, and investment bank with direct presence in Bahrain, Saudi Arabia, and the UAE, today announced the launch of the SICO GCC Dividends Fund, The Fund marks SICO Capital’s third equity fund and […]
Article by: Makram Salloum, Regional Vice President – Middle East, Backbase GCC banks have done something real. Onboarding journeys that took weeks now take minutes. SMEs access financing, trade services, and relationship management through polished digital portals. By almost every front-end measure, the region looks transformed. But looking transformed and being transformed are different things. […]
New partnerships broaden access to diversified investment solutions and build on the success of Madkhol Premium, which provides access to more than 5,000 global investment funds Riyadh, Saudi Arabia – Madkhol Capital, the Saudi digital investment and wealth management platform, announced the signing of strategic partnerships with anb Capital and Derayah Financial, further expanding the range […]
The MoU aims to support the growth of the DMCC Crypto Centre through education programmes, hackathons and industry engagement. It seeks to open pathways for Tether to become an ecosystem partner, extending benefits to member companies. It also aligns with DMCC’s strategy to position Dubai at the centre of next-generation trade and financial infrastructure. Dubai, […]
Revolut has received its Stored Value Facilities and Retail Payment Services (Category II) licences from the Central Bank of the UAE (CBUAE), following in-principle approval last year 17 June, 2026, Dubai, United Arab Emirates – Revolut, the global fintech with over 75 million customers worldwide, today announced that it has received its Stored Value Facilities […]
Agreement reflects growing collaboration between regulated digital asset firms and established financial institutions in the UAE Dubai, United Arab Emirates, Wednesday 17 June, 2026: CoinMENA FZE, a VARA-licensed broker-dealer providing virtual asset services in the MENA region, today announced a strategic relationship with Standard Chartered, strengthening fiat payment infrastructure for its growing customer base. Under […]
The breakthrough prototype enables secure, real-time cross-border financial data exchange, strengthening global connectivity and facilitating more efficient access to international markets. Abu Dhabi: The Central Bank of the UAE (CBUAE) announces the successful completion of Project Aperta, an international initiative led by the Bank for International Settlements (BIS) to enable secure and interoperable cross‑border open finance. […]
Dubai, UAE: Direct Debit System FZ LLC (DDS), the UAE’s only non-bank paperless direct debit platform, has announced a strategic partnership with HSBC Bank Middle East Limited (UAE Branch) (HSBC) to expand access to the UAE Direct Debit System (UAEDDS) for HSBC’s new and existing client base across the UAE. The collaboration aims to modernise the […]
New collaboration brings Visa’s global payment network to one of the largest AI platforms and aims to support seamless, secure transactions and broader AI-powered use cases across commerce environments supported by agents San Francisco, 17 June 2026 – Visa (NYSE: V) today announced a strategic collaboration with OpenAI to enable secure Visa payments within agentic commerce, […]
Abu Dhabi: His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and His Excellency Dr. Ahmet Ismaili, Governor of the Central Bank of the Republic of Kosovo (CBK), signed a Memorandum of Understanding (MoU) aimed at strengthening bilateral relations and facilitating the exchange of information and expertise in areas of mutual […]