UAE

Binance Founder Seeks to Prove He’s Not a Flight Risk
Binance Founder Seeks to Prove He’s Not a Flight Risk
November 26, 2023  |  Legal

Binance’s founder is fighting the Justice Department’s efforts to keep him in the U.S. Changpeng Zhao pleaded guilty last week to failing to maintain proper anti-money laundering standards...

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Preferred Payment Methods and Rewards Among Most In-Demand Digital Shopping Features in UAE
Preferred Payment Methods and Rewards Among Most In-Demand Digital Shopping Features in UAE
November 23, 2023  |  eCommerce

Shoppers in the United Arab Emirates (UAE) have a strong inclination toward digital features in their shopping journeys. Ninety-four percent of consumers in the Middle...

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Dubai Crypto Chief Stepping Down Amid Regulatory Push
Dubai Crypto Chief Stepping Down Amid Regulatory Push
November 16, 2023  |  Cryptocurrency

The head of Dubai’s cryptocurrency authority is reportedly resigning after 11 months on the job. Henson Orser, who became CEO of the Virtual Assets Regulatory Authority (VARA)...

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Standard Chartered and SBI Create $100 Million Crypto Investment Firm
Standard Chartered and SBI Create $100 Million Crypto Investment Firm
November 09, 2023  |  Cryptocurrency

Standard Chartered Ventures and SBI Holdings are forming a $100 million company to back cryptocurrency startups. The new venture will be based in the United Arab Emirates (UAE)...

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Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
November 01, 2023  |  BNPL

Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of...

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Multilingual AI Assistants Boost Voice Tech Appeal Despite Uneven Adoption
Multilingual AI Assistants Boost Voice Tech Appeal Despite Uneven Adoption
October 17, 2023  |  artificial intelligence

Is your smart voice assistant speaking your language? With how technology is fast evolving, the likelihood of that answer being “yes” grows stronger with each...

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UAE Central Bank Launches Instant Payment Platform Aani
UAE Central Bank Launches Instant Payment Platform Aani
October 17, 2023  |  Faster Payments

The Central Bank of the United Arab Emirates (CBUAE) has introduced Aani, an instant payments platform.  Developed by Al Etihad Payments (AEP), a subsidiary of CBUAE,...

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ABHI Partners With Visa and YellowPepper on A2A Payments
ABHI Partners With Visa and YellowPepper on A2A Payments
September 28, 2023  |  Payment Methods

Visa has announced a partnership with ABHI and YellowPepper to introduce account-to-account (A2A) payments in the United Arab Emirates (UAE). This collaboration will drive innovation, promote financial inclusion...

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Swipe2B Tops $2 Billion in B2B Supplier Payments in UAE
Swipe2B Tops $2 Billion in B2B Supplier Payments in UAE
September 22, 2023  |  B2B Payments

Dubai-based payment solutions provider Swipe2B has surpassed $2 billion in B2B supplier payments in the UAE. The company’s payment solution offers a range of benefits for buyers...

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