Tagged: uae

August 20, 2022 @ 7:36 pm By Omar Faridi  |  

Standard Chartered Bank (LON: STAN) recently announced the appointment of Ayesha Abbas as Head of Consumer, Private and Business Banking, UAE. In this role, Ayesha will “report to Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE and Bongiwe Gangeni, Regional Head, CPBB, MENA and… Read More

August 18, 2022 @ 9:55 pm By Omar Faridi  |  

Emirates NBD, a banking group in the MENA region an Turkey, has launched a global accelerator program for metaverse start-ups “to enhance customer experience for the new virtual economy, in partnership with the Dubai International Financial Centre (DIFC) Fintech Hive, the largest financial technology hub… Read More

August 17, 2022 @ 9:47 pm By Omar Faridi  |  

SmartCrowd Holdings, a firm focused on fractional real estate investments, has been issued a Fintech experimental license by the Saudi Capital Markets Authority (CMA). SmartCrowd is now focused on following through with business requirements for the launch of its Real Estate Funds Distribution Platform, making… Read More

August 7, 2022 @ 9:27 pm By Omar Faridi  |  

SC Ventures recently revealed that it has introduced Appro, which is a Fintech that digitizes and enhances the retail banking customer experience. Supported by SC Ventures, Standard Chartered’s Fintech investment and ventures unit, the “bank-agnostic” platform intends to signifiantly reduce the time taken to finalize… Read More

August 1, 2022 @ 7:19 pm By Omar Faridi  |  

Komainu, a regulated digital asset custody provider built by institutions for institutions, today announced provisional regulatory approval from the Government of Dubai’s Virtual Assets Regulatory Authority [VARA] to “commence operational readiness even as the application goes through the warranted due diligence in accordance with VARA… Read More

July 31, 2022 @ 8:38 pm By Omar Faridi  |  

FTX Exchange FZE announced that it has received approval “to enter Dubai’s ‘Minimum Viable Product’ (MVP) program for Virtual Assets under the world’s only specialist regime for this sector operated by the Virtual Asset Regulatory Authority (VARA).” As a subsidiary of FTX Europe, FTX Exchange… Read More

July 24, 2022 @ 8:40 pm By Omar Faridi  |  

Huobi Group, which claims to be one of the world’s leading financial services providers specializing in cryptocurrencies and related products, recently announced that it has been granted MVP provisional approval by the Dubai Virtual Assets Regulatory Authority (VARA) on July 15, 2022, while it “undertakes… Read More

July 18, 2022 @ 3:46 pm By Omar Faridi  |  

OKX, which claims to be one of the leading crypto trading apps, recently announced that it has been granted a provisional virtual assets (VA) license “to provide services to qualified investors in the UAE.” Granted by the Dubai Virtual Assets Regulatory Authority (VARA), OKX’s provisional… Read More

July 11, 2022 @ 9:31 pm By Omar Faridi  |  

Tarabut Gateway, which claims to be the largest Open Banking platform in the MENA region with a market presence in Bahrain, the UAE and KSA, announced (earlier this week) two new appointments to its senior executive team, Nino Ocampo and Adnan Erriade. Nino joins as… Read More

July 2, 2022 @ 3:18 pm By Omar Faridi  |  

Innoveo, a global tech firm and “pioneer” in no-code platform-as-a-service, announced that Oman Insurance company, one of the largest publicly listed insurers in the United Arab Emirates, has successfully gone live with its ZeroCode ‘KUDOS’ platform “leveraging Innoveo Skye, driving near-immediate efficiencies and enhancing the… Read More

June 21, 2022 @ 8:04 pm By Omar Faridi  |  

Visa (NYSE: V), which claims to be the leader in virtual payments, recently announced the launch of its global She’s Next initiative in the United Arab Emirates in order to economically empower women entrepreneurs. The initiative has been introduced with assistance from First Abu Dhabi… Read More

June 19, 2022 @ 5:29 pm By Omar Faridi  |  

Dina Sam’an, the Founder and Managing Director of CoinMENA, notes that she’s very excited to share that CoinMENA has obtained a provisional license from Dubai’s Virtual Asset Regulatory Authority (VARA). Sam’an adds that regulatory compliance has been a “top priority” for CoinMENA from day one…. Read More

June 13, 2022 @ 10:47 pm By Omar Faridi  |  

ADQ, an Abu Dhabi-based investment and holding company, recently announced the launch of a $100 million technology-focused venture capital fund with the Ministry of Digital Economy and Entrepreneurship (MoDEE) of Jordan, in the presence of His Excellency the Prime Minister of Jordan, Bisher Al Khasawneh…. Read More

June 6, 2022 @ 10:10 am By JD Alois  |  

Yoshi Markets Limited says it has started onboarding clients for its trading and custody platform for digital assets. Yoshi is an ADGM regulated  Multilateral Trading Facility (MTF) and custodian. The announcement is described as a significant step towards offering services for customers from around the world…. Read More

June 5, 2022 @ 10:28 pm By Omar Faridi  |  

Tarabut Gateway, which claims to be the largest Open Banking platform in the MENA region with a market presence in Bahrain, the UAE and KSA, recently announced four new key banking partnerships in KSA. As part of its expansion in Saudi Arabia, and the developments… Read More

June 1, 2022 @ 10:03 pm By Omar Faridi  |  

Waves Enterprise, a hybrid blockchain platform combining public and private chains, has announced its intention “to move to a decentralized governance model and open-source its entire codebase.” The Waves Enterprise stack and further development of WE ecosystem “will be managed not by a group of… Read More

May 30, 2022 @ 12:46 pm By JD Alois  |  

Estonia-based lomob Technologies OU, a blockchain-based firm that is developing a “mobility marketplace network and token” has received an investment from Cypher Capital. Cypher Capital is a VC firm based in the UAE, and active in the global crypto, blockchain, and digital asset space. The… Read More

May 29, 2022 @ 4:20 pm By JD Alois  |  

Waves, an issuer of another algorithmic stablecoin Neutrino USD (USDN) has distributed a plan to reanimate its troubled stablecoin. USDN lost its “peg” back in April tanking to around $0.66 and while it has bounced back a bit – now around $0.97 – USDN has… Read More

May 12, 2022 @ 7:51 pm By Omar Faridi  |  

There’s no denying that the Middle East is “growing fast” and its restaurant scene is growing “even faster,” according to an update shared with CI. Dining in the UAE means “exploring one of the most diverse, vibrant, and delicious food destinations on the planet.” Restaurants… Read More

April 24, 2022 @ 9:36 pm By Omar Faridi  |  

The UAE Trade Connect (UTC) is pleased to confirm that the Abu Dhabi Commercial Bank (ADCB) has joined its consortium of UAE banks “utilizing its blockchain platform to help de-risk trade finance.” UTC is the Fintech blockchain platform of e& enterprises, from e& (formerly known… Read More