Category Archives: Business & Investments

Business & Investments

BurjX Expands Stablecoin Infrastructure Under ADGM Regulation

Enabling multi-chain stablecoin settlement with seamless AED banking rails across global blockchain networks.

Abu Dhabi, UAE – April 21, 2026 – BurjX, the UAE-born digital asset brokerage and custodian licensed by the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, today announced an enhancement to its service offering, further expanding how clients use stablecoins across multiple blockchain networks in connection with its regulated activities.

Stablecoins have rapidly become a core component of global digital asset markets, processing more than $33 trillion in transaction volume in 2025 alone, while the sector now exceeds $300 billion in total market capitalization. Their growth reflects an expanding role as critical financial infrastructure for digital asset markets and global capital movement.

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Business & Investments

AlfaNow Partners with Al Fardan Exchange for Enhanced Payments

AlfaNow Partners with Al Fardan Exchange to Strengthen Cross-Border Payments Across the UAE

Customers can send money to 125+ countries via AlfaNow’s network of 4,300+ banks and 160,000+ payout locations, with reach to 1.5 billion+ mobile wallets globally.

In the picture: Nithin Nandakumar, Chief Commercial Officer, AlfaNow and Tharanath Rai, Chief Operating Officer, Al Fardan Exchange

Dubai, UAE, 21st April 2026: AlfaNow, a cross-border payments company built for how the world moves money today, has officially signed Al Fardan Exchange as its first UAE partner. The partnership enables customers to access AlfaNow’s international money transfer capabilities across 92+ Al Fardan Exchange branches nationwide.

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Business & Investments

Mawarid FinTech Summit 2026: Join 1000+ Leaders in Dubai

Mawarid FinTech & Innovation Summit 2026 Set to Welcome over a 1000 Industry Leaders in Dubai

Dubai, UAE, 21 April 2026 – The third edition of the Mawarid FinTech & Innovation Summit is set to take place on April 23, 2026, at the Grand Hyatt Dubai, bringing together more than 1,000 industry professionals from across the region and beyond. As the summit approaches, it continues to reinforce its position as a leading regional platform driving dialogue, collaboration, and real-world execution within the financial services ecosystem  .

Co-hosted by the MENA Fintech Association, DIFC Innovation Hub, Mastercard, Arab Financial Services (AFS), and O Gold Precious Metals Trading, the event reflects strong institutional alignment across the fintech landscape. In collaboration with key ecosystem players, the summit is powered by Pay10, BML Technologies, and Cedar Management Consultant International, further strengthening its industry relevance and reach.

This year’s edition will feature a dynamic exhibition zone showcasing 25 companies presenting the latest financial technologies and innovative solutions shaping the future of finance. From digital payments and AI-driven platforms to blockchain-based applications, the exhibition will offer attendees a hands-on view of emerging trends and scalable solutions.

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Business & Investments

EY Launches AI-Driven Audit Solutions for MENA Region

EY’s global launch of agentic AI in Assurance to redefine audit experience for MENA clients

  • Embedded agentic AI and modernized audit approach to power 160,000 audit engagements globally and over 10,000 engagements in the MENA region
  • New EY capabilities, integrated with Microsoft technology, strengthen quality, transform workflows and enhance the client and people experience
  • New AI assurance services support clients’ AI-enabled transformations

Riyadh, KSA – 20 April 2026: The EY organization announced the global roll-out of enterprise-scale agentic AI in Assurance, marking a fundamental shift toward AI-transformed audits. These new releases, alongside a modernized audit approach, are part of a multibillion-dollar commitment to audit quality, technology and people, which will continue as part of the EY ‘All in’ global strategy.

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Business & Investments, Technologies

DIFC: The World’s First AI-Native Financial Centre

  • DIFC integrating AI into legal frameworks, business environment, talent development, ecosystem infrastructure and physical urban fabric
  • USD 3.5bn (AED 12.9bn) contribution to Dubai’s economy through AIdriven financial innovation and global capital inflows
  • 25,000 new jobs created, supporting advanced skills, humanAI collaboration and nextgeneration financial services

Dubai, UAE – 21 April 2026 – The Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region, today announced that it will become the world’s first AI-Native financial centre, embedding artificial intelligence at the foundational level of its legal frameworks, business environment, talent development, ecosystem infrastructure and physical urban fabric.

While many global financial centres are experimenting with artificial intelligence, DIFC is positioning itself to take a fundamentally different approach. As part of this ambition, DIFC will evolve into an AI-Native jurisdiction and destination where artificial intelligence is embedded across legal and regulatory frameworks, business operations, talent development systems, ecosystem infrastructure and the district’s physical environment. Rather than piloting AI at the margins, DIFC intends to integrate it into the core operating system of the Centre.

DIFC laid the foundation for AI integration in 2023 by introducing a five-year AI strategy. Data governance policies were established and AI incorporated as Regulation 10 as part of the DIFC Data Protection Law. The Centre has also introduced AI to support client compliance and relationship management.

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