Dubai, UAE – Qashio, the UAE’s leading spend management platform, has partnered with NEXA AI Lab, the AI division of NEXA, one of MENA’s leading digital growth agencies, to help accelerate AI adoption across finance teams in the UAE through automate finance workflows and AI-powered financial workflows. As part of the partnership, Qashio and NEXA AI […]
ADIB and DAMAC ease the path to homeownership with new comprehensive finance solution
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and DAMAC Properties, the UAE’s and the Middle East’s largest private real estate developer, today launched a landmark home financing plan designed to provide ease and stability for homebuyers. The comprehensive finance solution removes significant financial obstacles, making homeownership more accessible and […]
Mawarid Finance and Maghanim partner to transform corporate travel payments across the UAE
Dubai, UAE — Mawarid Finance and Maghanim have announced a strategic partnership aimed at accelerating the next generation of corporate travel payments and expense management solutions for businesses across the UAE and wider GCC region. The collaboration brings together advanced payment technologies, AI-powered automation, and secure virtual card capabilities to simplify and modernize how corporates […]
TMF Group Receives DFSA Approval to Operate as Fund Administration DIFC
Dubai: TMF Group, a global leading provider of administrative asset servicing, corporate and compliance services, today announced it has received regulatory approval from the Dubai Financial Services Authority to operate as a Fund Administrator within Dubai International Financial Centre (DIFC). In addition, TMF Group will also be licensed to act as a Corporate Service Provider. This […]
AI Agent Crypto Transaction Volume Brings Security Concerns: How a Swiss Bank Responds
Ray Fernandez, Espacio Media Incubator As the AI Agent marketplace takes off, traditional banking and regulators are playing catch-up with decentralized technologies that are innovating at a faster pace: AI Agent Crypto Transaction Volume Brings Security Concerns. AI agents are now handling crypto wallets on behalf of users daily through the x402 infrastructure developed by […]
IHC Executes AED 110 Million DDSC Transaction on ADI Chain, Marking Major Milestone for UAE Digital Asset Infrastructure
Demonstrates live institutional-scale capability and validates the scalability, resilience, and operational readiness of the UAE digital asset infrastructure DDSC ecosystem Reinforces the UAE’s position as a global hub for regulated digital asset infrastructure and next-generation financial innovation Abu Dhabi, UAE: IHC, a global investment company focused on building dynamic value networks, today announced the successful […]
Payward secures VARA authorization in UAE, enabling Kraken to expand regional presence
CHEYENNE, Wyo.- Payward, a unified financial infrastructure platform and the parent company of Kraken, announced its expansion into the United Arab Emirates after being granted preliminary approval for a broker-dealer, investment and management licence from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE. Kraken, one of the world’s longest-standing and most liquid cryptocurrency platforms, […]
Bitexen MENA and Bitexen Custody obtained financial services permissions from the FSRA of ADGM
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) […]
Cantor receives ADGM approval, expanding Middle East investment banking platform
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, […]
Core42 Secures $550 Million HSBC Structured Trade Finance Facilities to Accelerate Global AI Infrastructure Expansion
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 […]
