The Retail Summit to Honour Ozwald Boateng OBE with Exclusive Icon Award
Binance FZE Receives a VASP Licence from Dubai’s Virtual Assets Regulatory Authority
Binance’s landmark licence paves the way for all, especially institutional participants, to utilise a regulated platform for a wide spectrum of virtual asset products and services.
Binance FZE General Manager Alex Chehade
DUBAI, UAE — 18 April 2024 – Binance FZE, the Dubai entity of the world’s leading global virtual assets services provider, today announced that it has received the Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA). This licence, subsequent to the previous issuance of the Minimum Viable Product (MVP) Licence in July 2023, marks a significant milestone for Binance.
Continue reading Binance FZE Receives a VASP Licence from Dubai’s Virtual Assets Regulatory AuthorityWorld Bank Projects GCC Growth Rate to Score 3.6% in 2024 and 3.8% in 2025
Dubai, 18 April 2024- As MENA countries mostly adopt a reactive market approach, leading sectors in the GCC are directly affected by the Fed’s monetary policies.
Ritu Singh, Regional Director of StoneX Group Inc.
The indecisive statistics for the interest rate outcome in the US taps into the grounds of the UAE’s economic model, which aims at amplifying its revenues from trade, transport, tourism and technology. According to the Central Bank of the UAE (CBUAE), their latest rate decision remained unchanged, at 5.4%, in tandem with the latest Fed rate decision. In other words, despite of the region’s resiliency, the state of borrowing costs is directly tied with the awaited inflation, employment, and economic growth figures of the U.S.
Continue reading World Bank Projects GCC Growth Rate to Score 3.6% in 2024 and 3.8% in 2025With continued investments and focus on innovation required to achieve the global transition to clean energy
Wilo drives sustainability momentum at World Future Energy Summit
UAE, April 18, 2024
Wilo Middle East & North Africa, a leading pump manufacturer and digital pioneer of the pumps industry, addressed a number of key challenges facing water management, building services and other industrial sectors during the World Future Energy Summit and Abu Dhabi Sustainability Week.
Fortis Secures $20 Million in Series A Funding Led by Opportunity Venture to Revolutionize Fintech Landscape in the MENA Region
(Dubai, UAE) – Dubai-based Fortis, a retail tech and fintech solutions provider tailored for SMEs, announced the successful completion of Series A funding round, raising $20 million in investment led by Opportunity Venture (Asia). This funding marks a significant milestone in Fortis’ journey as it embarks on a mission to revolutionize the retail tech and fintech landscape in the Middle East and North Africa region.
Continue reading Fortis Secures $20 Million in Series A Funding Led
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