October 1, 2025

BitHash Launches Bitcoin Mining Application and the UAE’s First Locally-Made Bitcoin Mining Pool

In a groundbreaking move for the region’s blockchain industry, BitHash proudly announces the launch of its Bitcoin Mining Application, a comprehensive platform that provides users with seamless access to mining services, BTC hashrate purchasing, and mining hardware equipment. Most significantly, BitHash is unveiling the UAE’s first homegrown Bitcoin Mining Pool, the nation’s first fully localized mining […]

August 26, 2025

UAE Solidifies Position as Global Investment Hub with Streamlined Regulations

The United Arab Emirates (UAE) is rapidly solidifying its position as a leading global investment destination, driven by a series of landmark regulatory reforms aimed at attracting and empowering foreign investors. The year 2025 has seen the culmination of these efforts, with significant legislative changes to corporate tax, foreign ownership, and business licensing procedures that […]

July 6, 2025

UAE Central Bank Unleashes Wave of Fines in Intensified AML Crackdown

The Central Bank of the UAE (CBUAE) has significantly escalated its regulatory enforcement, imposing substantial fines on a range of financial institutions throughout June 2025 for violations of anti-money laundering (AML) and counter-terrorism financing (CFT) regulations. This decisive action underscores a heightened supervisory vigilance and a clear signal of increased rigor across the nation’s diverse […]

July 5, 2025

UAE Pioneers ‘Finfluencer’ Licensing to Safeguard Investors in Digital Age

In a groundbreaking move set to redefine the landscape of digital financial content, the United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has launched the region’s first dedicated regulatory framework for “finfluencers” – financial content creators operating across digital platforms. Unveiled in June 2025, this pioneering initiative underscores the UAE’s commitment to modernizing investor […]

May 5, 2025

Mashreq Bank Launches Digital Banking Operations in Pakistan, Pioneering Financial Inclusion

In a landmark development for Pakistan’s financial sector, Mashreq Bank, a leading financial institution headquartered in the United Arab Emirates, has commenced pilot operations of its digital retail bank in Pakistan. This initiative positions Mashreq as the first international bank to receive a restricted license from the State Bank of Pakistan (SBP) under the country’s […]

May 2, 2025

Ripple Secures Regulatory License in Dubai, Marking Major Milestone for Crypto Payments in the Middle East

In a bold step that signals the accelerating integration of blockchain technology into mainstream finance, Ripple has officially secured a full regulatory license to operate within the Dubai International Financial Centre (DIFC). This development not only solidifies Dubai’s status as a global fintech hub but also marks a significant milestone for Ripple as it continues […]

May 1, 2025

BNY Mellon Establishes Regional Headquarters in Saudi Arabia: A Strategic Move into the Middle East

In a significant expansion of its global operations, Bank of New York Mellon (BNY Mellon) has secured a license to establish a regional headquarters (RHQ) in Riyadh, Saudi Arabia. This strategic move aligns with Saudi Arabia’s Vision 2030 initiative, aiming to diversify the nation’s economy and position it as a leading financial hub in the […]

April 30, 2025

Saudi Arabia’s Public Investment Fund Signs $51 Billion MoUs with Japanese Financial Institutions

In a significant move to bolster international financial collaboration, Saudi Arabia’s Public Investment Fund (PIF) has signed five memorandums of understanding (MoUs) valued at up to $51 billion with leading Japanese financial institutions. The agreements, announced during the Future Investment Initiative (FII) conference in Riyadh, aim to enhance bilateral capital flows and support Saudi Arabia’s […]

April 14, 2025

CBUAE Holds Firm on 2.0% Inflation Forecast for 2025, Signaling Economic Stability Amid Global Uncertainty

Abu Dhabi, UAE – In a reassuring signal of economic stability, the Central Bank of the UAE (CBUAE) has reaffirmed its inflation forecast for 2025 at a steady 2.0%. This projection stands in stark contrast to the prevailing global economic climate, where many nations continue to grapple with elevated levels of inflation. The CBUAE’s confidence […]

March 26, 2025

GCC Banks Poised for Growth Amid Economic Shifts

The banking sector across the Gulf Cooperation Council (GCC) is experiencing a period of rapid expansion, driven by economic diversification, rising oil revenues, and digital transformation. As the region navigates global economic shifts, banks in the UAE, Saudi Arabia, Qatar, and beyond are poised to capitalize on new opportunities while addressing emerging challenges. With rising […]

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