Dubai

New Payments Index 2022: UAE Consumers Embrace Digital Payments

Adoption of a broader range of digital payment methods is accelerating in the UAE and the technology fueling the future of payments is already here, according to Mastercard’s New Payments Index 2022. In addition to being aware of solutions like

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Top 4 Emirates Skywards Miles Credit Cards in the UAE

For frequent flyers, travel reward schemes are an extremely useful resource which helps them save money on their travel experience, get nearly free flights and hotel stays, and take on luxury vacations that they would otherwise be unwilling to spend

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Huobi Secures Provisional Approval From Dubai Virtual Assets Regulatory Authority

Cryptocurrency exchange Huobi Group announced that it has been granted a MVP provisional approval by the Dubai Virtual Assets Regulatory Authority (VARA). The license will enable Huobi Investment FZE, Huobi’s UAE-based entity, to offer a full suite of virtual asset

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Dubai Launches Its Official Metaverse Strategy

In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive

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Dubai Freezone Cements Position as Leading Regional Fintech Hub

The Dubai International Financial Centre (DIFC), the city’s financial freezone, is aggressively cementing its position as the top fintech hub in the Middle East, Africa and South Asia (MEASA), unveiling a number of initiatives this year aimed at fostering innovation,

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FICO, Network International Offer Enhanced Fraud Protection Solutions for Lenders

Global analytics software provider FICO and Network International, a provider of payments solutions to merchants and financial institutions across the Middle East and Africa (MEA), announced that they have expanded their partnership to bring lenders enhanced fraud protection and credit

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The Role of Financial Centers in Driving Innovation

Around the world, financial centers and the organizations that represent them are leading efforts to strengthen their countries’ financial markets, business environments and innovation ecosystems to drive economic growth. Today, these clusters and special economic zones are emerging as fintech

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Dubai Neobank YAP Raises US$41 Million to Fuel Its Growth Plans

Dubai-based neobank YAP announced that it had raised US$41 million to fund its operations and growth. The latest investment comes from Saudi Arabia’s Aljazira Capital alongside notable investments from Abu Dawood Group, Astra Group, and Audacia Capital. YAP said that

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Etisalat by e& Rolls Out ‘GoChat Messenger’ for Free Voice and Video Calling

Etisalat UAE, a telecoms company branded as etisalat by e&, announced the launch of GoChat Messenger, an all-in-one free voice and video calling app, giving customers the flexibility of accessing unique features within one application. GoChat Messenger allows customers to

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Wealth Today Summit Spotlights Rising Institutional Adoption of Crypto

The wealth and investment landscape has seen its fair share of changes over the last few years and new technologies have emerged as a powerful factor, the most significant being digital assets. As the ecosystem matures, it presents its share

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