WeFi group CEO Maksym Sakharov believes the next leap in banking requires rebuilding the core system on-chain to give users real control over their wealth
Majid Al Futtaim now has $2.2bn in Sukuk listed on Nasdaq Dubai across four instruments
Despite the UAE’s reputation for innovation, only 31 per cent of residents demonstrate basic financial literacy
The expansion aligns with Careem Pay’s broader mission to simplify financial services in the region through a unified payments platform offering international transfers, P2P payments, bill payments and digital wallet features
The number of hedge fund managers has more than doubled since the start of 2024, with 81 being ‘billion-dollar club’ funds
In H1 2025, Invictus posted a 164 per cent year-on-year increase in EBITDA to Dhs189.7m, while revenue rose 43 per cent to Dhs6.1bn
Over the past decade, Abu Dhabi’s relationship with family offices has transformed dramatically
Smart devices, cars and wearables are emerging as new endpoints for payment confirmation
The central banks of Qatar, Bahrain, Kuwait and Oman also reduced key rates by 25 basis points
By 2045, officials project the finance cluster will add $15.2bn to direct GDP, create 8,000 skilled jobs and attract at least $4.6bn in investment
A new addition to this year’s programme, the Bitcoin for Corporations Symposium, drew CFOs and treasurers seeking guidance on using Bitcoin as a reserve asset
The company is expected to make around $15bn in revenue in 2025, increasing to between $22bn and $24bn in 2026
The launch coincides with national strategies such as UAE Vision 2031 and Abu Dhabi Vision 2030
The signing at Binance Blockchain Week reflects Dubai’s emergence as a key hub for global blockchain and crypto activity
With the FSP license in place, Circle is now positioned to expand regulated payment and settlement use cases for businesses, developers, and financial institutions in the UAE
For payment providers, PaySelect acts as a high-quality acquisition channel, offering visibility to businesses actively searching for cross-border solutions
Despite the more cautious global backdrop, the UAE continues to strengthen its position as an investment and innovation hub
Gulf states have accelerated efforts to diversify their economies away from hydrocarbons for longer-term sustainable growth, investing heavily in non-oil sectors like financial services, tourism, technology and manufacturing
Binance.com is expected to begin its ADGM-regulated activities on January 5, 2026
Under the collaboration, merchants using Amazon Payment Services will soon be able to accept UnionPay cards
The World Bank in July estimated that Syria’s gross domestic product would grow by a modest 1 per cent in 2025 after contracting 1.5 per cent in 2024
The transaction marks Turkey’s largest fintech transaction to date
Qatar’s sovereign wealth fund has been a Sainsbury’s shareholder since 2007
As investment strategies evolve, families in the region are starting to formalise their wealth management
The FSRA’s framework is ambitious, but it’s also achievable. With the right strategy, firms can meet the January 2026 deadline and position themselves as leaders in cybersecurity resilience
The Gulf’s growing web of treaties is creating a more stable, rules-based environment that global capital prefers
For 2026, Dubai has set expenditure at Dhs99.5bn, focused on development projects linked to the Dubai Plan 2033 and the Dubai Economic Agenda D33
Since 2020, IPOs on the ADX have raised about Dhs59bn, supported by strong demand and steady economic growth
Mastercard’s Prakriti Singh outlines how the agreement with Circle could reshape cross-border payments, remittances, and digital trade
With one of the world’s largest intergenerational wealth transitions underway, Middle Eastern families are combining tradition, innovation, and purpose to ensure their legacies endure