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Uae
Europe's Economic Crossroads: Recession Fears and S&P Global's
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News
ADCB Becomes a Part of UAE Trade Connect Fintech Consortium
UAE Trade Connect recently announced ADCB's joining.
The adoption of fintech and blockchain has increased in UAE.
Saturday, 23/04/2022 | 10:16 GMT
by
Bilal Jafar
News
Tarabut Gateway Receives License from DFSA
The company has received the license to provide money services in and from DIFC.
Tarabut Gateway aims to cement its place in the UAE.
Friday, 22/04/2022 | 12:16 GMT
by
Bilal Jafar
Brokers
Equiti Gains OTC Category One License from UAE’s SCA
It has become one of the first brokers to gain this license.
It will bolster the broker’s offering in the region.
Wednesday, 13/04/2022 | 11:07 GMT
by
Arnab Shome
News
Mashreq Bank Introduces NEOPAY
The service will provide issuer processing and acquiring processing services to financial firms.
NEOPAY will leverage the latest technology and innovation.
Tuesday, 29/03/2022 | 05:48 GMT
by
Bilal Jafar
CryptoCurrency
Russians Liquidated Their Bitcoins to Purchase Real Estate in Dubai
Spikes in Dubai's real estate transactions as Russians seek safe-haven.
Over $1 billion has been transferred out of Coinbase in the past 48 hours.
Sunday, 13/03/2022 | 11:19 GMT
by
Matti Williamson
CryptoCurrency
UAE Plans to Issue National Crypto Licenses to Virtual Assets Service Providers
The UAE is preparing to make the region become a global crypto hub
Issuance of the licenses is the first aspect of nationwide crypto-focused regulation.
Thursday, 17/02/2022 | 16:00 GMT
by
Nicholas Otieno
News
Pyypl Secures $11 Million in Series A Funding
The blockchain-based financial services provider aims to expand into Africa.
The company is headquartered in the United Arab Emirates.
Friday, 11/02/2022 | 11:59 GMT
by
Bilal Jafar
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News
Dubai World Trade Centre Authority and SCA Agree to Support Crypto Trading
The authorities have signed an agreement to support crypto trading within DWTCA’s free zone.
Thursday, 23/09/2021 | 12:01 GMT
by
Bilal Jafar
News
UAE Central Bank Sets Roadmap for CBDC Launch
The central bank prioritizes CBDC for its 2023-2026 roadmap.
Tuesday, 13/07/2021 | 07:43 GMT
by
Arnab Shome
Analysis
Analysis: First Month of Q2 of 2021 Brought a Decline in Key Forex Metrics
Forex traders are still looking for more investment opportunities.
Tuesday, 22/06/2021 | 17:26 GMT
by
Sylwester Majewski
Brokers
XTB Aims to Start UAE Operation by the First Half of 2021
The broker is still in the process of obtaining a DFSA license.
Monday, 26/04/2021 | 12:02 GMT
by
Arnab Shome
Analysis
Analysis: Forex Traders with Smaller Deposits and Smaller Bets in January
After solid growth in December, January brings a slower start to the year
Tuesday, 16/03/2021 | 12:07 GMT
by
Sylwester Majewski
Analysis
Analysis: Swiss Forex Traders Investing More Again
While UAE traders still deposit the most, Switzerland came close.
Monday, 08/03/2021 | 13:55 GMT
by
Sylwester Majewski
Institutional FX
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.
Wednesday, 13/01/2021 | 13:21 GMT
by
Arnab Shome
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Analysis
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.
Monday, 04/01/2021 | 11:10 GMT
by
Sylwester Majewski
Brokers
Shuaa Securities Rebrands to International Securities
The UAE-based brokerage has changed its name after the recent acquisition by International Holding Company.
Monday, 04/01/2021 | 09:56 GMT
by
Bilal Jafar
Analysis
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.
Monday, 21/12/2020 | 10:08 GMT
by
Sylwester Majewski
News
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.
Monday, 30/11/2020 | 08:43 GMT
by
Bilal Jafar
Analysis
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.
Sunday, 15/11/2020 | 12:26 GMT
by
Sylwester Majewski
Brokers
GO Markets Obtains UAE Broker License
The license was awarded to the firm's UAE subsidiary, GO Markets MENA DMCC.
Friday, 10/07/2020 | 09:36 GMT
by
Finance Magnates Staff
Regulation
UAE Securities and Commodities Authority Restructures Licences
The move is aimed at implementing the integrated financial brokerage institution model, which includes FX brokers.
Thursday, 09/07/2020 | 10:39 GMT
by
Finance Magnates Staff
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Exchanges
Crypto Exchange and Custodian DEX Gains UAE License
The platform will launch its services in Q3 2020.
Tuesday, 30/06/2020 | 11:07 GMT
by
Arnab Shome
CryptoCurrency
ADIB: First Islamic Bank to use Blockchain Technology for Trade Distribution
The bank commits to expanding its digital footprint in trade financing and distribution
Friday, 17/04/2020 | 11:54 GMT
by
Finance Magnates Staff
News
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.
Monday, 02/03/2020 | 07:11 GMT
by
Rachel McIntosh
News
Saudi Arabia, UAE Leaders Confirm Plans to Launch Digital Currency
The project was officially unveiled earlier this year and named Aber.
Thursday, 28/11/2019 | 13:56 GMT
by
Arnab Shome
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