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United Arab Emirates

UAE CBDC strategy targets retail, wholesale applications
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28 March, 2024

UAE CBDC strategy targets retail, wholesale applications

Projected to run for 12 to 15 months, the UAE's Phase 1 CBDC strategy will include the limited launch of...
Abu Dhabi sets up investment firm to achieve AI ambitions
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17 March, 2024

Abu Dhabi sets up investment firm to achieve AI ambitions

UAE's newly formed investment company, MGX, has three core objectives to drive AI adoption and innovation—develop AI infrastructure, explore AI...
Serbia, UAE expanding AI use cases with new partnership
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20 February, 2024

Serbia, UAE expanding AI use cases with new partnership

As AI applications soar in popularity, Serbia is looking to make a name of its own with help from the...
Bridgewater Middle East begins digital asset operations in UAE, targets institutional investors
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17 February, 2024

Bridgewater Middle East begins digital asset operations in UAE, targets institutional investors

Bridgewater Middle East will operate as a conduit for United Arab Emirates-based enterprises seeking to pivot into digital currencies and...
UAE’s blockchain ambitions will improve trade finance for SMEs
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16 February, 2024

UAE’s blockchain ambitions will improve trade finance for SMEs

Currently, SMEs in the United Arab Emirates face a challenging task in securing trade finance, underscored by several issues like...