
Middle East
Nomura subsidiary Laser Digital obtains license to operate in the UAE
The Nomura subsidiary may provide broker-dealer and fund management services to retail and institutional clients in the UAE, with CEO...
CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF
IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...
DLT importance shoots up in 2024, but public blockchains’ market share dips: report
The report by ISSA revealed that the strategic importance of distributed ledger technology has increased by 9% in 2024, with...
UAE, Samsung MoU aims to promote AI learning and adoption
The United Arab Emirates and Samsung's first aim is to increase AI adoption metrics, while the second revolves around providing...
UAE central bank approves dirham-backed stablecoins
Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a...
Dubai financial regulator amends digital asset rules for service providers
The new rules urge firms to clearly separate customers’ funds from proprietary assets as an added layer of protection during...
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