UAE Central Bank Imposes $217,835 Fine On Exchange House
The exchange house failed to comply with CBUAE’s policies and procedures for combating money laundering and the finan... Read more
AI In Fintech Market Set To Surpass $79bn By 2030 As Adoption Surges
As financial institutions race to automate and optimise operations, AI adoption continues to grow, fueling strong marke... Read more
Binance Launches Worlds First Sharia-compliant Multi-token Cryptocurrency Staking Platform
Sharia Earn by Binance enables users to earn passive income from cryptocurrency investments whilst adhering to Islamic ... Read more
Abu Dhabis Titanium Escrow Crosses $5bn Transaction Mark
ADGM-based company completes five years of operations; UAE capital becoming the fundholding jurisdiction of choice for ... Read more
UAE Workers Can Now Collect Unemployment Benefits At Al Ansari Exchange Outlets
The service operates across more than 270 Al Ansari Exchange branches in UAE Read more
Kenyas Equity Group To Open Representative Office In The UAE
The new office aims to facilitate business, trade and investment opportunities with the UAE, and the wider Middle East,... Read more
Aramco Close To $10bn Jafurah Infrastructure Deal With BlackRock
Sources tell Reuters that the deal is backed by infrastructure, including pipelines, gas processing plant, and similar ... Read more
UAE Announces New Tax Benefits For Fair Value Investment Properties
UAE taxpayers who elect for the realisation basis can now deduct depreciation from their taxable income for investment ... Read more
UAE Central Bank Fines Foreign Bank Branch $164,000 For Regulatory Violations
The UAE central bank did not identify the specific foreign bank branch that received the penalty Read more
Salama Ties Up With Policybazaar.ae For Its Life Takaful Insurance
The collaboration enables wider reach and easier access for its Shariah-compliant life insurance offerings Read more
Paymentology Expands Regional Presence With New Dubai Office
It will serve as a base for client delivery, partner engagement, and operations, and house an expanded team of local ex... Read more
UAE Corporate Tax Registrations Rise After Penalty Waiver
The initiative applies to Taxable Persons and certain categories of Exempt Persons required to register with the FTA in... Read more
IHC Acquires UAE Fintech EFunder, Rebrands It As Zelo To Tackle $250bn SME Funding Gap
Zelo will scale digital invoice financing for SMEs in the UAE, with IHC support and over $200m in funding already deplo... Read more
Saudi Arabia Leads MENA Venture Capital With $860m In H1 2025, Surpassing 2024 Total
Saudi Arabia secured 56% of all VC funding in the MENA region during the first half of 2025, recording 114 deals and su... Read more