United Arab Emirates

UAE’s largest bank completes cross-border payments pilot with JPMorgan’s Onyx
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17 October, 2023

UAE’s largest bank completes cross-border payments pilot with JPMorgan’s Onyx

First Abu Dhabi Bank has completed a successful pilot using Onyx for cross-border payments, hinting at potential tokenization and security...
Bank for International Settlements launches blockchain sustainable finance initiative
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13 September, 2023

Bank for International Settlements launches blockchain sustainable finance initiative

Leveraging the power of emerging technologies, the Bank for International Settlements and the United Arab Emirates open a competition that...
Dubai’s VARA grants Komainu full operating license after rigorous process
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31 August, 2023

Dubai’s VARA grants Komainu full operating license after rigorous process

With the full operating license, Komainu is expanding its digital currency services beyond custody with institutional staking and collateral management...
UAE’s Bedu doubles down on AI investment with new offerings for enterprises
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26 August, 2023

UAE’s Bedu doubles down on AI investment with new offerings for enterprises

UAE-based tech firm Bedu aims to reshape the industry and human experiences by converging AI and Web 3.0, launching AI-powered...
M2 digital asset firm granted operational license by Abu Dhabi
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20 August, 2023

M2 digital asset firm granted operational license by Abu Dhabi

Abu Dhabi Global Market has awarded an operational license to M2, enabling a wide range of digital asset services in...
Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up
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19 August, 2023

Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up

Saudi Arabia and the United Arab Emirates are investing millions in the AI race purchasing breakthrough chips to build advanced...
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