Step Dubai 2025, the leading technology event in the MENA region, is set to take place on February 19-20, 2025. This marks the 13th edition of the event, which is organized in partnership with Dubai Internet City. The event is expected to attract more than 8,000 attendees, showcase 200 speakers, and feature a significant presence...
The payment landscape in the UAE is rapidly evolving, as the instant payment system Aani gains popularity among residents. This innovative platform eliminates the need for cash or lengthy bank transfers, enabling users to send and receive money with ease. Aani facilitates transactions in seconds, whether it’s for splitting a bill with friends, sending money...
The Abu Dhabi Global Market (ADGM), the UAE capital’s international financial centre, has officially launched its all-in-one mobile app. This app aims to redefine how businesses, employees, and residents interact within the financial district. By streamlining connectivity, it provides seamless access to exclusive tools and services, enhancing the overall experience for users in ADGM’s dynamic...
DP World is collaborating with global financial institutions and technology providers to tackle the long-standing issues in cross-border payment systems. The company made this announcement during the World Economic Forum in Davos, highlighting the inefficiencies that have long plagued global commerce. Emerging markets, particularly in Asia and Africa, face challenges such as prolonged settlement times,...
Mastercard has launched its new Crypto Credential service in the UAE and Kazakhstan, marking its first entry into the Eastern Europe, Middle East, and Africa (EEMEA) region. This innovative solution is designed to simplify and secure cryptocurrency transactions by replacing complex blockchain addresses with easy-to-use aliases. The system ensures transactions are processed only if the...
Abu Dhabi-based FinTech company Astra Tech, through its subsidiary Quantix Technology Projects, has secured $500 million in funding from Citi. This asset-backed securitisation financing is among the largest ever for a UAE FinTech firm. According to The National UAE, the announcement was made during the Abu Dhabi Finance Week, where the company shared its plans...