Tag: Technology

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GCC Fintech Enters New Era as Saudi Arabia Issues First Open Banking Licences and Blockchain Payments Go Live

Banking James Mitchell James Mitchell -
Saudi Arabia's SAMA has issued its first live open banking licences, transitioning from sandbox to full commercial operations, while Riyad Bank and Bahrain have completed live blockchain payment pilots — marking a turning point for GCC financial services innovation.

du Ventures Launches $50 Million Fund to Back UAE Fintech, AI and Cybersecurity Startups

Technology Omar Al Mansoori Omar Al Mansoori -
UAE telecommunications company du has announced the launch of du Ventures, a US$50 million corporate venture fund that will invest in early and growth-stage...

UAE Passes New Digital Economy Law Regulating AI-Generated Content and Data Brokers

Business James Mitchell James Mitchell -
The UAE Federal National Council has ratified the Digital Economy and Artificial Intelligence Content Regulation Law — the GCC's first comprehensive federal regulation governing...
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Abu Dhabi Judicial Department: Wills, Courts and Non-Muslim Inheritance

Guides 0
Abu Dhabi has its own wills registry, and on eligibility it is broader than DIFC — plus the intestacy default your heirs can still apply to displace.

How the UAE Left the FATF Grey List — and What Did Not Change

Gulf Briefing 0
The UAE came off FATF monitoring on 23 February 2024 with three other countries — and was never blacklisted. What delisting did not change for businesses.

Al Wathba Wetland Reserve: Abu Dhabi’s Flamingo Sanctuary

Life 0
The flamingo figure everyone quotes is a seasonal peak. The real story is 1,000 nests — and the GCC’s first IUCN Green List site almost nobody mentions.

UAE Commercial Agency Law: What Federal Law 3 of 2022 Changed

Business 0
The 2022 agency law did not open agencies to foreign ownership, and the transition is not two years. What the Ministry’s own text actually says.

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