United Arab Emirates

Dubai court recognizes employees’ right to receive salary in digital assets

-

22 August, 2024

Dubai court recognizes employees’ right to receive salary in digital assets

The Dubai Court held that employees are entitled to receive compensation in both fiat and digital currencies subject to the...

Finance

Press Releases

-

21 August, 2024

Zumo joins the Abu Dhabi Sustainable Finance Declaration

Zumo has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing the platform's commitment to a greener financial services industry as...

UAE establishes new charter to ensure safe AI usage, equality

Business

Wahid Pessarlay

-

6 August, 2024

UAE establishes new charter to ensure safe AI usage, equality

Ensuring its position as an undisputed leader in AI, the UAE lays out guardrails for developers with commercial AI offerings,...

India’s UPI digital payment makes foray into UAE

Finance

Pradipta Mukherjee

-

9 July, 2024

India’s UPI digital payment makes foray into UAE

Indians traveling to the UAE will soon be able to utilize the local UPI in POS terminals across the Gulf...

Middle East in strong position for AI innovation: report

Business

Wahid Pessarlay

-

2 July, 2024

Middle East in strong position for AI innovation: report

The Middle East is positioning itself as a strong player in AI innovation, with the results of a Dell survey...

Dubai appoints 22 Chief AI Officers for government offices to streamline operations

Business

Wahid Pessarlay

-

1 July, 2024

Dubai appoints 22 Chief AI Officers for government offices to streamline operations

The 22 newly appointed CAIOs will be deployed to different government agencies in Dubai, leading across several sectors, including health,...

Nomura subsidiary Laser Digital obtains license to operate in the UAE

Finance

Wahid Pessarlay

-

26 June, 2024

Nomura subsidiary Laser Digital obtains license to operate in the UAE

The Nomura subsidiary may provide broker-dealer and fund management services to retail and institutional clients in the UAE, with CEO...

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

Finance

Steve Kaaru

-

25 June, 2024

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...

UAE opts for US over China on AI collaboration

Business

Wahid Pessarlay

-

23 June, 2024

UAE opts for US over China on AI collaboration

Omar Al Olama, the UAE’s Minister of State for AI, revealed the country’s stance in an interview, saying, “There is...

UAE, Samsung MoU aims to promote AI learning and adoption

Business

Wahid Pessarlay

-

21 June, 2024

UAE, Samsung MoU aims to promote AI learning and adoption

The United Arab Emirates and Samsung's first aim is to increase AI adoption metrics, while the second revolves around providing...

UAE central bank approves dirham-backed stablecoins

Finance

Wahid Pessarlay

-

11 June, 2024

UAE central bank approves dirham-backed stablecoins

Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a...

Tech

Wahid Pessarlay

-

7 June, 2024

UAE-made AI models could put Middle East at the heart of tech innovation: AWS exec

Kevin Miller, AWS Vice President for global data centers, points to the UAE and its string of locally developed large...

United Arab Emirates

Recent

Trending

Most Views