Annual Investment Meeting Highlights Digital Transformation, Financial Inclusion and Sustainable Finance in the Arab World

Abu Dhabi, UAE, May 2023:  The 12th edition of The Annual Investment Meeting (AIM) hosted interactive and insightful discussions on digital transformation, financial inclusion and sustainable finance in the Arab world at the “Future Finance Forum,” which took place at the Sustainability Room of the Abu Dhabi National Exhibitions Centre. The opening ceremony featured welcome […]

Fintech startups in The UAE

The United Arab Emirates has become a hub for fintech startups due to a tech-savvy population and supportive government policies. With the ADGM open banking framework and regulation for crypto assets activities, UAE regulators are keeping up with technological advancements while ensuring data privacy and protection. The challenges for foreign fintech companies looking to operate in the UAE include data processing restrictions and obtaining a local license, but with the right partnerships, these hurdles can be overcome to tap into the immense potential of emerging markets.

Overall, the UAE remains a globally competitive country in fintech, with regulators committed to staying ahead of the curve.

Crypto Enthusiasts Closely Watch the Ethereum Shanghai Upgrade

The Shanghai upgrade is a game-changing technical revamp that the Ethereum network is gearing up for, allowing Ether holders to withdraw colossal amounts of their cryptocurrency. This evolution in the blockchain process of recording transactions is less taxing in terms of energy, and vital development for one of the world’s most significant digital currency ecosystems. […]

FTX collapse being scrutinized by Bahamas authorities

The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who are looking at whether any “criminal misconduct occurred,” the Royal Bahamas Police said on Sunday.

Refunds for cryptocurrency US constitution bidders are being hit by high fees

The people behind a botched attempt to buy a rare original copy of the United States constitution are facing a deluge of refunds, totaling up to $40 million for 17,000 donors. The people behind a botched attempt to buy a rare original copy of the United States constitution are facing a deluge of refunds, totaling […]