NBD Invests in Fintech Erguvan
Emirates NBD has sent investment funds to equity Erguvan, a company that works in the area of financial technology.
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Brokerage Essentials: What to Look for in a Reliable Trading Partner
Choosing a reliable trading partner is essential for any investor, as it can make or break your success in achieving financial gains. With the wide range of options available regarding brokerage services, it can take time to differentiate which ones offer the best services and provide you with the most advantageous opportunities. In this article, […]
UAE Launches Bilingual AI Model
Inception, a subsidiary of Abu Dhabi-based G42 firm specializing in machine intelligence, the California-based Cerebras research company, and the Mohammed bin Zayed University of Artificial Intelligence (MBZUAI) have developed a large language model called Jais.
UAE Partners With Mastercard to Accelerate AI Adoption
Mastercard has established a global centre for advanced AI and cyber technology in Dubai, UAE to realize the aspirations outlined in the UAE Strategy for Artificial Intelligence 2031.
Emirates Development Bank Collaborates With Trade Capital Partners to Offer Supply Chain Finance
The Emirates Development Bank (EDB) has entered into a partnership agreement with Trade Capital Partners (TCP), which aims to create a solution for supply chain financing and working capital for small and medium-sized businesses in the United Arab Emirates (UAE).
Dubai to License AI and Web3 Startups in Subsidised Manner
Dubai International Financial Centre will be issuing artificial intelligence (AI) and Web3 licenses at a 90% subsidy
UAE to Establish Blockchain-Based National Carbon Credit System
The Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group LLC and Venom Foundation to jointly establish a national system for carbon credits using blockchain technology
LuLu Group Raises $2.72 Billion
LuLu Group International, which is based in Abu Dhabi and owns one of the largest hypermarket chains in the Middle East, is raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of the expected initial public offering (IPO).
TOP 10 Blockchain development companies in the UAE
The United Arabian Emirates is fast becoming a hub of blockchain technology. The region’s government and private sector have shown great interest in blockchain’s potential by initiating various projects.
UAE and Hong Kong Strengthen Financial Cooperation
The Central Banks of the United Arab Emirates (UAE) and Hong Kong held a bilateral meeting to enhance collaboration between the two financial services sectors, including cooperation on virtual asset regulations
Emirates NBD Enters Sustaibability-Focused Partnership With Microsoft
The sustainability and innovation-focused collaboration between Emirates NBD and Microsoft will be based on four pillars: measurement, data conversion, ecosystem development and process improvements
Bahrain Gets Permission to Join Gulf Region Payment System
Bahrain plans to join the unified system of payments and settlements of the Persian Gulf countries.
Al Hilal Bank Partners With BLME to Bring Digital UK Banking to UAE
Al Hilal Bank customers in the UAE now have a quick and simple way to access digital banking services as if they were in the UK
Network International in Talks Over £2 Billion Bid
Network International, which is based in Dubai, is currently in talks with a consortium led by CVC Capital Partners to buy the company for 2 billion pounds.
First Islamic Bank Goes Live on UAE KYC Blockchain Platform
Abu Dhabi Islamic Bank (ADIB) has gone live on the UAE national blockchain ecosystem for the exchange of verified KYC data
Visa Launches Visa Eco Benefits in UAE
The new Eco Benefits solution will allow Visa issuers to add sustainability-focused features to existing Visa credit and debit products, encouraging sustainable consumption and behaviours
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