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Mashreq is now the first UAE bank to offer instant payments for SMEs
Plus: Pony.ai to launch robotaxi trials in Dubai this year
THIS MORNING: Sharjah Islamic Bank sounds out investors for AT1 sukuk sale + Pay for your flights with stablecoin?
Plus: Fitch Ratings has revised down its forecast for growth in the GCC in 2025 to 3.7%
DLD taps Ctrl Alt for real estate tokenization project
Plus: NMDC LTS and Chaoda plan UAE energy valve facility
Bitcoin surpasses USD 110k for first time amid stablecoin bill progress
The cryptocurrency’s gains came as US stocks and bond markets saw a sell-off
Deutsche Bank + Bitcoin Suisse receive ADGM permits
ALSO- The UAE Media Council tapped G42-backed Presight to develop a unified media AI and analytics platform
Dubai’s Vara sets stricter standards for the emirate’s crypto sector
The updated framework introduces stricter controls on margin trading, token distribution, and collateral wallet arrangements
THIS MORNING: Emirates NBD to set up unit in India + Ex-Magellan trader files complaints over alleged regulatory breaches
Plus: Parkin rolls out monthly subscription packages
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