UAE

News

MGX Pledges to Invest $2 Billion in Binance

Emirati state-owned investment company MGX announced $2 billion in financial injections into Binance, which was the cryptocurrency exchange’s first institutional investment and the single largest investment in the virtual currency sector.

Articles

Understanding the UAE Tax System for Newly Established Companies [2025 Guide]

If you’re reading this article, it means you’re planning to set up a new business in the UAE or already running one. The UAE has long been a premier business hub because of its business-friendly laws and regulations. Historically, the Emirates has been regarded for its 0% corporate tax rate. However, things have changed since […]

Fintech & Ecommerce

Mashreq Introduces Enhanced Business Platform Mashreq Biz

One of the leading financial institutions in the United Arab Emirates (UAE), Mashreq, launched a new digital platform, BIZ, for SMEs to facilitate their financial routines.

News

DeFi Platform MANTRA Secures VASP License in UAE

MANTRA Finance can now legally function as a Virtual Asset Exchange and offer Broker-Dealer, Management, and Investment Services in the UAE.

News

BitOasis Secures VASP License in Dubai

BitOasis can now offer a full range of crypto trading services in Dubai upon receiving a full virtual asset service provider (VASP) license.

Events

3rd Annual Financial Restructuring MENA Conference

Join us for the 3rd edition of MENA’s most influential event on financial restructuring! The 3rd Annual Financial Restructuring MENA Conference, hosted by Abu Dhabi Global Market (ADGM), is the region’s premier platform for shaping the future of financial transformation. This exclusive event gathers industry leaders and decision-makers to explore cutting-edge strategies and solutions. Don’t […]

Fintech & Ecommerce

Argentex Expands to UAE

Argentex innovative currency risk management and payment solutions are now available in the UAE

News

Wiki Finance EXPO Dubai 2024 Opens Up New Opportunities

Wiki Finance EXPO Dubai 2024, the world’s leading fintech event, will be held on November 27, 2024 at Millennium Plaza Downtown Hotel, Dubai! Book your tickets now: https://www.wikiexpo.com/Dubai/2024/en/index.html?c=MtwvZUMs The event is organised by WikiGlobal and WikiEXPO, co-organised by WikiFX, WikiBit, WikiStock, WikiTrade, Forex Pay and Australian Computer and Law Association(AUSCL), with strong support from the […]

Fintech & Ecommerce

Visa Flexible Credential Expands to US With Affirm Card

Visa Flexible Credential allows users to manage funding from various accounts for different purchase types, and use “Buy Now, Pay Later” services via the Affirm partnership.

News

Gulf IPOs See Growing Demand

Investors began to pay more active attention to initial public offerings (IPOs) of shares in the Persian Gulf countries, where recently companies from various areas of activity, including healthcare, beauty industry, and retail, were preparing to list their stocks against the background that the economy of this region is undergoing a process of diversification, gradually […]

Articles

How to Set Up a Bank Account in UAE for Non-Residents

Opening a Non-Resident Bank Account in the UAE presents a valuable financial opportunity for those wanting to leverage Dubai’s thriving economy, growing e-commerce sector and favorable tax environment without residency requirements. This overview explains the steps and benefits of establishing such an account. These accounts are designed for a range of clients, including expatriates, global […]

Science & Technology

Middle Eastern Funds Invest Billions of Dollars Into AI Startups

Currently, in the Middle East, sovereign wealth funds, through their specific financial actions, demonstrate a clear and unambiguous desire to become the main sponsors of Silicon Valley in the area of developments related to artificial intelligence.

Finance & Economics

Abu Dhabi Seeks to Expand Partnership With Washington Through AI

Emirati President Sheikh Mohammed bin Zayed Al Nahyan’s first official trip to the United States, as reported by the media, is aimed at reaching agreements on a higher level of cooperation between Abu Dhabi and Washington in the context of preparing for the continuation of partnership relations between the two capitals within the framework of […]

Fintech & Ecommerce

Revolut Reportedly Seeks to Expand Into UAE and Saudi Arabia

The media reports that Revolut, a fintech company based in the United Kingdom, currently has plans to expand the scope of its activities in the Gulf Cooperation Council (GCC) member countries.

Blockchain & Crypto

Crypto.com Launches Global Retail Services Through Its Dubai Hub

The launch of Crypto.com global retail services is enabled by Standard Chartered’s tailored banking solutions and the forward-thinking regulatory framework of Dubai’s Virtual Assets Regulatory Authority (VARA).

Blockchain & Crypto

M2 Enables UAE Residents to Trade Bitcoin and Ether Via Bank Accounts

Crypto exchange M2 introduced a new integration that allows UAE customers to convert dirhams in their bank accounts directly into Bitcoin and Ether.