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Universal registers UAE’s first USD-backed stablecoin
The move positions USDU as the only registered foreign payment token currently permitted for compliant digital-asset settlement in the UAE
FAB participates in Hong Kong’s RMB Business Facility + joins open finance framework
PLUS: Beltone folds Chimera regional assets into its balance sheet in USD 1 acquisition
FAB participates in Hong Kong’s RMB Business Facility + joins open finance framework
PLUS: Beltone folds Chimera regional assets into its balance sheet in USD 1 acquisition
Banks in the UAE had a good year
The country’s top 10 banks’ aggregate bottom line rose 4.3% q-o-q to AED 23.6 bn
The digital AED, explained
What to expect from the CBUAE’s digital AED rollout before year’s end
Top 10 banks post 4.3% q-o-q rise in net income in 3Q 2025, rebounding from a flat 2Q
Growth was boosted by stronger net interest and fee incomes
THIS MORNING: Abu Dhabi investor backs Paramount’s hostile bid for Warner Bros + Abu Dhabi gets fintech, insurance, digital assets cluster
Plus: Plenary sets up infrastructure investment platform in ADGM
THIS MORNING: Paramount’s Warner Bros. offer gets Adia backing? + Adnoc in talks to acquire Sefe’s trading unit
Plus: GCC aims to finalize joint air defense shield soon
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