Dubai’s financial hub, the Dubai International Financial Centre (DIFC), has officially recognized USDC and EURC as approved crypto tokens under its regulatory framework. This makes them the first stablecoins to receive such approval within the DIFC, according to an announcement by Circle Internet Group, Inc., a leading global fintech firm. The Dubai Financial Services Authority...
Dubai is set to host the world’s largest global conference and exhibition for real estate technology, titled ‘PropTech Connect 2026’. This event aligns with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, who is dedicated to enhancing the emirate’s status as a global hub...
Qatar’s Ministry of Communications and Information Technology (MCIT) has launched the Digital Skills Framework as part of the initiative spearheaded by the newly formed Digital Skills Working Group. This national program aims to equip individuals and organizations with essential digital skills, facilitating the country’s ongoing digital transformation. The framework is built upon global best practices,...
TikTok, in collaboration with Blossom Accelerator, has introduced the ‘TikTok x Blossom SME Empowerment Program’ aimed at supporting young entrepreneurs in Saudi Arabia, with a special focus on women. This initiative is part of Saudi Vision 2030, which emphasizes the importance of small and medium-sized enterprises (SMEs) in boosting the country’s GDP, enhancing youth engagement...
Yashaa Global Capital has officially received the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to establish a global sports venture capital fund. This milestone positions Yashaa Global Capital as a significant player in the rapidly growing sports investment sector The fund is led by General...
Spring Valley, a UAE-based agro-commodity supplier, is investing AED 184 million to establish a new distribution hub at the Jebel Ali Free Zone (Jafza). This initiative aims to enhance regional food security and is projected to play a crucial role in the UAE’s food supply chain The new facility will cover over 100k square feet...
Emirates Central Cooling Systems Corporation PJSC (Empower), recognized as the world’s largest district cooling services provider, has entered into an agreement with the Dubai Multi Commodities Centre (DMCC). This partnership aims to supply sustainable district cooling services for the next phase of the Uptown Dubai development. The agreement will see Empower provide innovative cooling solutions...
Sharjah has transformed its rental services by launching the ‘Aqari‘ digital platform, which reduces the number of procedures from seven to just three. This significant change eliminates the need for in-person visits to various departments, which previously required five such visits. The Aqari platform, introduced on Monday, is designed to enhance and simplify real estate...
The Dubai International Financial Centre (DIFC) has been chosen to host the 2026 Global Privacy Assembly (GPA). This significant event is expected to gather privacy authorities and experts from around the world to discuss and address pressing issues related to data protection and privacy rights. The announcement was made on February 24, 2025, and highlights...
Abu Dhabi Islamic Bank (ADIB) has made a huge advancement in the banking sector by launching Spatial Banking on Apple Vision Pro. This initiative marks ADIB as the first bank in the UAE to introduce a banking experience using Apple’s mixed-reality operating system, VisionOS. This launch aligns with ADIB’s strategic vision for 2035, which focuses...