Trump’s Crypto Policy Won’t Hinder UAE Growth, Says DRIFE Co-Founder
A new Donald Trump administration may create a more favorable crypto environment, but Firdosh Sheikh, co-founder of DRIFE, doubts any U.S.…
AED Stablecoin Gets Initial Central Bank Approval
AED Stablecoin is poised to become the first regulated dirham-pegged stablecoin in the United Arab Emirates as it secures initial approval…
G42, Nvidia Team Up on Climate Tech in UAE
G42, an AI company based in the United Arab Emirates, has teamed up with Nvidia, a U.S. chipmaker, to work on climate tech, G42 said on Friday…
Standard Chartered Offers Crypto Custody in UAE
On September 10, Standard Chartered announced the commencement of its digital asset/crypto custody services in the United Arab Emirates. The…
Ziina Raises $22M as UAE Fintech Booms
Ziina raises $22 million amid rapid growth, solidifying its position as a leading fintech for small businesses in the UAE Ziina, who had…
Tether to Launch Stablecoin Pegged to UAE Dirham
Tether, a cryptocurrency company, announced on Wednesday that it would introduce a new stablecoin that is pegged to the United Arab Emirates…
UAE Bank Partners with Crypto Firm for Resident Platform
RAKBANK, a government-owned bank, partnered with Bitpanda to develop a digital asset management platform for UAE citizens. The United Arab…
US Lawmakers Concerned Over China in Microsoft-Emirati AI Deal
Over worries about sensitive technology transfer and G42’s previous ties to China, Republican legislators asked the Biden administration…
Stake Secures $14M for Saudi, Abu Dhabi Fractional Property
Dubai’s real estate flourishes, with 2024 rents up 23% and sales up 18%. Stake expands to Abu Dhabi with $14M funding, eyeing Saudi…
Microsoft’s UAE Deal May Transfer Key U.S. Tech Abroad
Microsoft (MSFT) opens new tab President Brad Smith said the tech company’s high-profile transaction with UAE-backed AI firm G42 could…
UAE Reveals New AI Model
An unprecedented development has been the UAE’s introduction of an open-source generative AI model. This move, which the government…