abu dhabi

Crypto Firm Phoenix Debuts in Abu Dhabi With $3.3 Billion Value
Crypto Firm Phoenix Debuts in Abu Dhabi With $3.3 Billion Value
December 05, 2023  |  Cryptocurrency

Cryptocurrency firm Phoenix Group has launched its debut on the Abu Dhabi market, the first of its kind in the region. The debut of the firm, which...

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JPMorgan Expanding UAE Services to Wholesale Banking Clients
JPMorgan Expanding UAE Services to Wholesale Banking Clients
November 27, 2023  |  Banking

J.P. Morgan says it is expanding its presence in the United Arab Emirates (UAE). The banking giant announced Monday (Nov. 27) that it will begin...

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Emirates Development Bank and Trade Capital Partners Collaborate on Supply Chain Financing
Emirates Development Bank and Trade Capital Partners Collaborate on Supply Chain Financing
August 17, 2023  |  Partnerships

Emirates Development Bank (EDB) has partnered with Trade Capital Partners (TCP) to offer supply chain finance and working capital solutions to small- to medium-sized businesses...

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Abu Dhabi Authorities Embrace AI, RegTech to Streamline Business Processes
Abu Dhabi Authorities Embrace AI, RegTech to Streamline Business Processes
December 11, 2022  |  artificial intelligence

Abu Dhabi regulators are embracing digital technologies to streamline doing business in the Emirate. Last month, for example, the Abu Dhabi Department of Economic Development...

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Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
November 24, 2022  |  Fintech Investments

It’s been two years since a U.S.-brokered deal that normalized diplomatic relations between Israel and the United Arab Emirates (UAE) in 2020, leading to the...

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LuLu Group Linkup Brings Groceries to Amazon UAE
LuLu Group Linkup Brings Groceries to Amazon UAE
November 23, 2022  |  Amazon

Amazon announced in a press release on Friday (Nov. 23) that it has signed an agreement with the Abu Dhabi-based LuLu Group that will see...

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EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M Users in Nigeria
EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M...
August 30, 2022  |  emea

Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits...

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India’s Flipkart Valuation May Reach $40 Billion With A Possible Abu Dhabi $500 Million Investment
India’s Flipkart Valuation May Reach $40 Billion With A Possible Abu Dhabi $500 Million Investment
June 14, 2021  |  Investments

ADQ, the Abu Dhabi sovereign fund, could invest $500 million in India-based Flipkart, Bloomberg reported. Flipkart, which is backed by Walmart, will be looking at...

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Abu Dhabi’s Yas Island Theme Park Implements Facial Recognition
Abu Dhabi’s Yas Island Theme Park Implements Facial Recognition
March 26, 2021  |  Authentication

People visiting Abu Dhabi’s Yas Island can use facial recognition technology to access the resort’s theme parks — Ferrari World, Yas Waterworld and Warner Bros...

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