Dubai Fintech Summit Sees DIFC Milestone and AI Advancements
The Dubai Fintech Summit closed its second day with DIFC marking a milestone of over 2,000 AI, fintech and innovation firms. Emirates NBD has more than 150 AI initiatives under way, with 65 already in production.
Dubai Future Finance Week Highlights Fintech Growth and Innovation
Dubai Future Finance Week has kicked off, with DIFC announcing a major expansion of its academy and J.P. Morgan opening a new private bank branch.
Brett King’s Bank 5.0 Explores the Future of Banking with AI Agents
Bank 5.0: The Rise of the Agentic Bank, launching on 19 November 2026, makes a compelling case for the next generation of banking, where AI agents drive economic activity.
UAE Regulator Fines Foreign Bank Branch AED 200 Million
The Central Bank of the UAE has imposed a significant fine on a foreign bank branch for AML/CFT failures.
Egypt to See Launch of 30 New Investment Funds
Egypt is set to witness the launch of around 30 new investment funds in the next two months, according to the Financial Regulatory Authority (FRA). The new funds will offer a range of investment options, including metals and index tracking. The FRA is also preparing to introduce a short-selling mechanism to support hed
EFG Hermes Introduces Younit Algorithmic Trading Platform
EFG Hermes has launched Younit, an algorithmic trading API platform designed to give retail traders, developers and students broader access to trading infrastructure in Egypt and the region.
Egypt’s Business Clinic Addresses Startup Challenges
Egypt’s Business Clinic has made progress in resolving startup challenges, with 21 out of 48 issues addressed.
Absa Expands to Dubai to Boost Africa-GCC Trade
Absa Group has opened a new office in Dubai to support trade and investment flows between the Gulf and Africa. The office, which holds a Category 4 licence from the Dubai Financial Services Authority, will provide financial services to Gulf-based businesses and investors. Absa’s expansion is part of its international
Etihad Credit Bureau Introduces Enhanced Credit Scoring System
The UAE’s credit information ecosystem has taken a significant step forward with the launch of Credit Score 3i by Etihad Credit Bureau.
Qatar Expands Active Asset Management Initiative
Doha Investment expands Qatar’s Active Asset Management Initiative to QAR5 billion, aiming to deepen liquidity and grow capital markets.