As world leaders gather in Egypt this week for the COP27 climate summit, the question of how best to approach fossil fuels is being hotly...
As elsewhere, in the Gulf Cooperation Council (GCC) region, the remittance market has traditionally been dominated by a few major players. Get the Full Story...
A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...
Sovereign wealth funds (SWFs) of the Gulf Cooperation Council (GCC) are emerging as major centers of economic gravity whose movements affect the entire world, so...
Cross-border money transfer firm Western Union announced on Thursday (Oct. 27) its new partnership with payment platform NymCard. Get the Full Story Complete the form...
As part of Dubai’s ambition to become a global center for metaverse business and technology, the emirate recently inaugurated its first hospital in the metaverse...
The Ajman Department of Finance (ADF) has launched a government payment platform on the metaverse, a service that registers government suppliers and a new website....
Dubai-based Commercial Bank International (CBI) has rolled out a metaverse location to enhance the integration of real and digital worlds, a press release says. Get...
The displacement of traditional banks’ dominance in the delivery of financial services has been one of the defining characteristics of the FinTech boom of the...