TECHNOLOGY

Dubai approves another crypto exchange

OKX, ranked as the second largest crypto exchange by volume, has been provisionally approved to launch a cryptocurrency exchange in Dubai. The Dubai Virtual Assets...

UAE fintech funding surged in 2023

The UAE has bucked a global trend by almost doubling the level of funding in its fintech sector during 2023. In total, fintechs raised more...

7 strategies for integrating Generative AI in fund management

Anup Kumar, EVP & global head of services at Linedata, discusses the integration of Generative AI in fund management and its transformative impact. In the...

The dawn of blockchain in asset management: Why the time is now

Kevin Monserrat, CEO of TokenSphere, explores how blockchain technology is revolutionising asset management, urging fund administrators to adopt it for competitiveness and innovation in...

Emirates NBD recruits R3 for Digital Assets Lab

Blockchain firm R3 has signed up to the Digital Assets Lab run by Dubai-based bank Emirates NBD. The bank launched the lab in May 2023...

eToro gets approval to launch in UAE

The Abu Dhabi Global Market (ADGM) has granted financial services permission to trading and investment platform eToro. The approval from the Financial Services Regulatory Authority...

Wahed launches robo-advisor in the UAE

Wahed Invest, the robo-advisory subsidiary of US-based, shariah-compliant fintech Wahed, has launched in the UAE. The launch follows the granting of a financial services permission...

Abu Dhabi approves crypto custodian

Liminal Custody, an India-based provider of custody services for digital assets, has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of...

GCEX gets virtual asset licence in Dubai

UK-based digital assets brokerage GCEX Group has secured a licence for its virtual assets broker-dealer service in Dubai. The licence from the Virtual Asset Regulatory...

UAE investment tech market to grow by 145%

The investment technology sector in the UAE is forecast to more than double within the next two years, thanks to the rapid development of...