UAE

Dubai Crypto Chief Stepping Down Amid Regulatory Push
Dubai Crypto Chief Stepping Down Amid Regulatory Push
November 16, 2023  |  Cryptocurrency

The head of Dubai’s cryptocurrency authority is reportedly resigning after 11 months on the job. Henson Orser, who became CEO of the Virtual Assets Regulatory Authority (VARA)...

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Standard Chartered and SBI Create $100 Million Crypto Investment Firm
Standard Chartered and SBI Create $100 Million Crypto Investment Firm
November 09, 2023  |  Cryptocurrency

Standard Chartered Ventures and SBI Holdings are forming a $100 million company to back cryptocurrency startups. The new venture will be based in the United Arab Emirates (UAE)...

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Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
November 01, 2023  |  BNPL

Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of...

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Multilingual AI Assistants Boost Voice Tech Appeal Despite Uneven Adoption
Multilingual AI Assistants Boost Voice Tech Appeal Despite Uneven Adoption
October 17, 2023  |  artificial intelligence

Is your smart voice assistant speaking your language? With how technology is fast evolving, the likelihood of that answer being “yes” grows stronger with each...

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UAE Central Bank Launches Instant Payment Platform Aani
UAE Central Bank Launches Instant Payment Platform Aani
October 17, 2023  |  Faster Payments

The Central Bank of the United Arab Emirates (CBUAE) has introduced Aani, an instant payments platform.  Developed by Al Etihad Payments (AEP), a subsidiary of CBUAE,...

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ABHI Partners With Visa and YellowPepper on A2A Payments
ABHI Partners With Visa and YellowPepper on A2A Payments
September 28, 2023  |  Payment Methods

Visa has announced a partnership with ABHI and YellowPepper to introduce account-to-account (A2A) payments in the United Arab Emirates (UAE). This collaboration will drive innovation, promote financial inclusion...

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Swipe2B Tops $2 Billion in B2B Supplier Payments in UAE
Swipe2B Tops $2 Billion in B2B Supplier Payments in UAE
September 22, 2023  |  B2B Payments

Dubai-based payment solutions provider Swipe2B has surpassed $2 billion in B2B supplier payments in the UAE. The company’s payment solution offers a range of benefits for buyers...

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Visa and NEOPAY Partner on Installment Payments in UAE
Visa and NEOPAY Partner on Installment Payments in UAE
September 15, 2023  |  Payment Methods

Visa and NEOPAY, the payment subsidiary of Mashreq, have joined forces to introduce an installment payment solution to the United Arab Emirates (UAE).  The partnership aims to provide...

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UAE Launches Bilingual Gen AI Named Jais
UAE Launches Bilingual Gen AI Named Jais
August 31, 2023  |  artificial intelligence

Today’s large language models (LLMs) aren’t actually trained on that large a set of languages. For the most part, the vernacular vehicle underlying the generative...

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