Financial policymakers from the world’s top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage.
Preparing young Emiratis in AI is vital for UAE’s future, says ministerOmar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.0 2950
Shariah-compliant investment note for cybersecurity firms launches in UAE
Abu Dhabi Islamic Bank (ADIB) has recently announced a 100 percent capital-protected, Sharia’a-compliant equities basket note which captures the growth potential of companies operating in the cybersecurity sector.
Oman moves one step closer to a cashless society
Oman is expanding its initiatives focused on financial technologies with the upcoming launch of the Sultanate’s first comprehensive e-payment platform.
Consortium created to protect fintech innovations
A consortium focused on improving cybersecurity of fintech companies has been created by the World Economic Forum.
Bahrain’s new fintech hub opens for business
Bahrain has officially launched its new fintech hub as it aims to become the Gulf region’s centre for financial technology.
SEC cracks down on cryptocurrencies
The Securities and Exchange Commission (SEC) is cracking down on FinTech companies issuing initial coin offerings (ICOs), and has served …
Snap up $1 from its IPO price
Snap Inc has celebrated its first anniversary as a publicly traded company on Friday, however, things are not quite what they envisioned when they bought shares in the hottest tech IPO in years.
Music streaming app to take its SPOT on NYSE
Music streaming service Spotify the world’s biggest music streaming service, has filed paperwork to start trading its shares publicly on the New York Stock Exchange.
UAE has the world’s best integrated tax systems, says finance minister
The UAE has succeeded in establishing an integrated tax system that is now considered as one of the best in the world, said Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance.
AI, blockchain to disrupt insurance sector: experts
The remarks were made during the recently held Dubai World Insurance Congress (DWIC) under the theme “Emerging markets, emerging technologies, emerging customers”.