Cryptocurrencies surge on Trump announcement
President Trump’s announcement on the establishment of a U.S. strategic cryptocurrency reserve has seen cryptocurrencies surge.
DIFC celebrates 20th Anniversary with a record year of results
Dubai International Financial Centre (DIFC), the leading global financial centre in the MEASA region, have announced record financial results for 2024.
Checkout.com and Mastercard partner to transform UAE money transfers
Mastercard and Checkout.com will join forces to facilitate seamless disbursements and payouts for individuals and businesses in the UAE.
Bybit receives in-principle approval to launch Virtual Asset Platform in the UAE
Global cryptocurrency exchange Bybit have announced that it has received its In-Principle Approval (IPA) to set up as a Virtual Asset Platform Operator in UAE.
Mastercard partners with Emirates NBD to accelerate digital payment adoption
Mastercard has entered a strategic alliance with Emirates NBD to enhance the bank’s digital payment solutions.
Fintechs Hubpay and Aquanow partner to launch UAE’s first fully regulated crypto payments gateway for businesses
Hubpay has partnered with fellow fintech company Aquanow to introduce the UAE’s first fully regulated crypto payments facility tailored for businesses and SMEs.
Al Etihad Payments launches Jaywan, the UAE’s domestic card scheme
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the readiness of the financial infrastructure for Jaywan, the UAE’s domestic card scheme, to be activated locally and globally. Jaywan is the first domestic card scheme to be launched in line with the UAE’s digital transformation strategy, with the aim of strengthening the country’s position as a leading global hub for digital payments. Jaywan’s scheme aims to offer consumers and businesses a secure, efficient, and innovative payment solution, lower transaction costs by providing an effective local alternative, increase efficiency by accelerating local payment processes using the UAESWITCH, support economic growth, stimulate innovation in the […]
DIFC unveils flagship Future of Finance report series
Dubai and DIFC hold a distinctive position in the future of finance as the gateway to the region’s emerging economies.
