As the United Arab Emirates (UAE) enhances its reputation as a global hub for financial innovation, SC Ventures, the innovation and venture capital division of Standard Chartered Bank, has announced the opening of a new office in Abu Dhabi’s Hub71 at the Abu Dhabi Global Market. Gautam Jain, a seasoned fintech strategist, highlighted the firm’s...
D360 Bank, a Shariah-compliant digital bank based in Saudi Arabia, has announced that it has welcomed over one million customers within just four months of its official launch. This achievement sets a new global standard for digital banking adoption, demonstrating the increasing demand for efficient and secure digital financial solutions in the region. Since its...
The Central Bank of the UAE (CBUAE) has unveiled a new symbol for the UAE’s national currency, the Dirham, coinciding with the country’s entry into the FX Global Code. This initiative reflects the vision of the UAE’s leadership and the guidance of His Highness Sheikh Mansour bin Zayed Al Nahyan, who is the Vice President,...