Dubai, UAE – 24 August 2026: Rakbank today announced that Rakbank Islamic customers can buy, sell and hold Bitcoin through Bitpanda’s regulated virtual asset trading platform directly from the Rakbank mobile app. The new service combines the convenience of banking with the opportunities of virtual assets, allowing customers to access Bitcoin through Rakbank Islamic while […]
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has appointed Pedro Uria-Recio as Chief AI Officer, strengthening the bank’s leadership and capabilities as it advances its Vision 2035 strategy. The appointment reflects ADIB’s commitment to embedding Artificial Intelligence across the organisation as one of the principal transformation enablers of Vision 2035. In his […]
The proposition offers financing of up to 50% of the property value, offering greater flexibility and transparency throughout the construction journey Available to eligible UAE Nationals, residents and non-residents Dubai, UAE – DIB, the world’s leading Islamic financial group and the largest Islamic bank in the UAE, has launched a new Off-Plan Home Finance proposition designed […]
Islamabad, Pakistan — August 21, 2026: The Pakistan Virtual Assets Regulatory Authority (PVARA) has notified its Licensing Regulations and opened the licensing portal for service providers (VASPs), completing the regulatory framework for licensing and supervision of the virtual asset sector in Pakistan. Issued under the Virtual Assets Act, 2026, the regulations establish 10 licence categories […]
Rise debuts in MENA and LATAM, an app built to get traders started in as few steps as possible. New clients keep the profit if their first trade wins, and Rise refunds the loss automatically, up to $100, if it doesn’t go as planned. More features follow through the year ahead. INGOT Group, the multi-licensed […]
Manama, Kingdom of Bahrain: Al Baraka Islamic Bank B.S.C (c) announced joining the Wage Protection System (WPS), enabling its corporate and institutional clients to manage employee salary payments efficiently and conveniently, in line with the approved regulatory requirements in the Kingdom of Bahrain. This step comes as part of the Bank’s commitment to developing its […]
CIB-backed digital banking platform, yomo, set to make managing money simpler, more accessible and more empowering for millions of Egyptians at home and abroad. Cairo, Egypt: Commercial International Bank – Egypt (CIB) announces that the Bank received today preliminary approval from the Central Bank of Egypt to establish yomo digital bank, in line with Egypt’s digital […]
Capital.com clients in the UAE will be able to buy and hold crypto-assets, following a full CMA licence granted to affiliate Capital Vault Virtual Services L.L.C – S.P.C. ABU Dhabi , UAE: Capital.com today announced plans to offer virtual-asset investment services to clients in the UAE. The move follows a licence granted to its affiliate, Capital […]
Muscat, Oman: Oman-based venture capital firm Cyfr Capital has completed investments in five Omani startups through its Seed Fund, in collaboration with Future Fund Oman, supporting early-stage businesses across automotive commerce, food delivery, tourism, artificial intelligence and food packaging. The investments were made in Sooq Cars, iO Eats, Darrbak, Decoil and Pack’N as part of […]
HONG KONG: Ant International launched an upgraded version of its artificial intelligence model on Thursday, signing up major global banks as financial institutions accelerate the adoption of specialised AI to manage liquidity risks. The Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including Citi, HSBC, […]