The Futuremakers Women in Tech UAE Accelerator is now inviting applications from female entrepreneurs based in the UAE for its seventh cohort. This initiative is part of Standard Chartered’s broader Futuremakers program, which focuses on fostering economic inclusion for disadvantaged young people. The accelerator operates in partnership with the UAE-based impact platform Companies Creating Change...
Standard Chartered, a licensed crypto custodian in the UAE, has partnered with OKX to introduce a collateral mirroring program. This initiative, operating under the regulatory framework of Dubai’s Virtual Asset Regulatory Authority (VARA), allows institutional clients to use crypto and tokenized money market funds as off-exchange collateral for trading. According to MSN, the pilot program...
Gulf Bank K.S.C.P., one of Kuwait’s leading conventional banks, has successfully signed a $650 million Senior Unsecured Syndicated Term Loan Facility. This marks Gulf Bank’s debut in the international syndicated loan markets and provides a sustainable and diversified financing route for the bank. The loan was coordinated by Emirates NBD Capital Limited and Standard Chartered,...