Central Bank of the UAE achieves significant progress in Emiratisation across the Banking, Financial, and Insurance sectors

Central Bank of the UAE achieves significant progress in Emiratisation across the Banking, Financial, and Insurance sectors

Abu Dhabi: Embodying the vision of the wise leadership and implementing the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Central Bank of the UAE, the CBUAE continued its strategic efforts to promote Emiratisation across […]

Markaz wins “Best Investment Bank in Kuwait” from Global Finance

Markaz wins “Best Investment Bank in Kuwait” from Global Finance

Kuwait: Reinforcing its position as one of the region’s leading financial institutions in asset management and investment banking, Kuwait Financial Centre “Markaz” announced that its Investment Banking team has won the “Best Investment Bank in Kuwait” award from Global Finance. This recognition marks Markaz’s 13th award from Global Finance, extending a track record of continued recognition […]

BurjX Expands Stablecoin Infrastructure Under ADGM Regulation

BurjX Expands Stablecoin Infrastructure Under ADGM Regulation

Abu Dhabi, UAE – BurjX, the UAE-born digital asset brokerage and custodian licensed by the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, today announced an enhancement to its service offering, further expanding how clients use stablecoins across multiple blockchain networks in connection with its regulated activities. Stablecoins have rapidly […]

Network International and WooCommerce announce strategic partnership to accelerate MEA e-commerce

Network International and WooCommerce announce strategic partnership to accelerate MEA e-commerce

UAE: Network International (Network), a leading fintech company across the Middle East and Africa (MEA), has announced a strategic partnership with WooCommerce, one of the world’s most widely used open-source e-commerce platforms. The partnership will empower merchants in the region to access seamless, secure, and locally relevant payment solutions, significantly boosting the digital economy. Through this […]

Sahm obtains DFSA licence in the DIFC to strengthen its presence in the UAE

Sahm obtains DFSA licence in the DIFC to strengthen its presence in the UAE

DUBAI, UAE – Sahm, a fintech-driven investment services provider, today announced that it has been granted a licence by the Dubai Financial Services Authority (DFSA), further strengthening Valuable Capital Group Limited(VCGL)’s presence in the region. Issued to its UAE entity, Sahm Financial Limited, the licence marks a significant step in establishing the firm’s regulated operations […]

DIFC to become the World’s First AI Native Financial Centre

DIFC to become the World’s First AI Native Financial Centre

Dubai, UAE: The Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region, today announced that it will become the world’s first AI-Native financial centre, embedding artificial intelligence at the foundational level of its legal frameworks, business environment, talent development, ecosystem infrastructure and physical urban fabric. While […]

RAKBANK Reports Record Q1 2026 Profit of Dh1 Billion, Up 43% YoY

RAKBANK Reports Record Q1 2026 Profit of Dh1 Billion, Up 43% YoY

Dubai, UAE: RAKBANK has reported a record quarterly profit after tax of Dh1 billion for the first quarter of 2026, reflecting a 43% year-on-year increase, driven by strong balance sheet growth and a one-off gain from a business divestment. The bank’s performance was bolstered by a Dh473 million gain from the sale of its merchant […]

Visa opens the door to AI-driven Shopping for Businesses Worldwide

Visa opens the door to AI-driven Shopping for Businesses Worldwide

Part of the Visa Intelligent Commerce portfolio, Intelligent Commerce Connect will enable more ways for agents to pay and merchants to accept agentic transactions in a single integration Currently in pilot with select partners including Aldar, AWS, Diddo, Highnote, Mesh, Payabli, Sumvin, and rolling out to more partners this year Amman, Jordan – Visa Inc. (NYSE: […]

Dubai Municipality launches the first-of-its-kind “Work from Park” initiative

Dubai Municipality launches the first-of-its-kind “Work from Park” initiative

In line with the Dubai 2040 Parks and Greenery Strategy The pioneering initiative transforms parks into integrated environments that support modern lifestyles and work patterns while enhancing economic productivity Memorandum of Cooperation with Group AMANA to design and develop the first “Work from Park” destination at Al Barsha Pond Park using modular construction solutions Collaboration […]