Russia’s Alfa-Bank and UAE’s First Abu Dhabi Bank Join CLSNet Both the banks have joined a long list of other leading global banks as CLSNet users.
Analysis: Forex Traders from UAE Keep Investing Large Sums While Russian forex traders deposit most often, the largest amounts come from the United Arab Emirates.
Shuaa Securities Rebrands to International Securities The UAE-based brokerage has changed its name after the recent acquisition by International Holding Company.
Analysis: Global Withdrawals Increase Whilst Deposits Soar in Vietnam The latest data show interesting patterns as forex traders in Vietnam have made the biggest deposits.
Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE SAMA and the central bank of the UAE jointly published a report to show key benefits of a CBDC.
Analysis: UAE Forex Traders Investing the Most, Followed by Asia In August forex traders from the Middle East had the biggest deposits, but Asian investors were close behind.
GO Markets Obtains UAE Broker License The license was awarded to the firm's UAE subsidiary, GO Markets MENA DMCC.
UAE Securities and Commodities Authority Restructures Licences The move is aimed at implementing the integrated financial brokerage institution model, which includes FX brokers.
Crypto Exchange and Custodian DEX Gains UAE License The platform will launch its services in Q3 2020.
ADIB: First Islamic Bank to use Blockchain Technology for Trade Distribution The bank commits to expanding its digital footprint in trade financing and distribution
Dubai’s New Blockchain KYC Platform to Open Door for Global Enterprise The DIFC and Mashreq Bank have launched the platform as part of a greater blockchain initiative in the UAE.
Saudi Arabia, UAE Leaders Confirm Plans to Launch Digital Currency The project was officially unveiled earlier this year and named Aber.
As GCC Countries Move Away From Oil, the FX Industry Grows The region shows a lot of promise, and as knowledge of the FX industry grows, so will trading.
Bithumb Partners with Nvelop to Launch Crypto Exchange in the UAE The firm is targeting to expand its business in the MENA region.
Finablr to Go Live with Cross-Border Payment Services with Ripple The services will be provided through Finablr’s UAE Exchange.
Exclusive: HotForex Expands Operations, Launches in the UAE The launch comes less than a month after the broker acquired a Dubai Financial Services Authority license.
Saudi Arabia and the UAE Central Banks to Create Joint Token Details are still being worked out, but the token will not be for use by the general public.
Crypto Platform Bitex UAE Launches in United Arab Emirates The CEO has ambitious plans to expand the platform to neighbouring GCC countries.
Saudi Arabia to Launch Cryptocurrency Next Year Only for bank payments, the new coin is being created in conjunction with the UAE.
UAE Securities Regulator Plans to Boost Capital Markets with ICOs Initial coin offerings would give companies an alternative to IPOs, which have been very limiting in the country.