Business & Economy
UAE fintech Pay10 first to launch on Central Bank’s open finance framework
Pay10, a UAE-based Alternative Payment Method (APM) provider, has become the first fintech company to achieve production status…
Category: Government & Policy
Government & Policy news and digital analysis from The Nation Middle East, focusing on UAE, Dubai, and the Middle East’s evolving power dynamics.
UAE News
Startups in Abu Dhabi’s Hub71 secured $2.17bn in funding last year
It represents a 44.7 per cent year-on-year increase from $1.5bn (AED 5.4bn) in 2023, demonstrating strong investor confidence…
Government & Policy
Dubai Future District Fund reports $1.65bn boost, support for 190 startups
Dubai Future District Fund (DFDF), has unveiled a dynamic performance update for 2024 at its Annual General Meeting,…
Government & Policy
Former Lebanese PM Saad Hariri registers SPV company at ADGM
Saad Hariri, the former Lebanese Prime Minister and businessman, is launching an investment firm in Abu Dhabi, Bloomberg…
Business & Economy
Emicool secures first-ever green financing to boost sustainable growth
Emirates District Cooling (Emicool), a leading provider of sustainable district cooling services in the UAE and a joint…
UAE News
Kuwait Investment Authority enters AI race by joining MGX-backed AIP
Kuwait Investment Authority (KIA) has taken its first major step in the artificial intelligence space when it became…
UAE News
UAE exempts 222 citizens from $39mn in debts
The initiative, which operates under the supervision of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime…
Government & Policy
Saudi non-oil exports passed $137bn last year
This achievement represents a significant 13 per cent increase compared to the previous year and an impressive growth…
Real Estate
UAE’s Arada expands in Australia with Roberts Co acquisition
Arada, a UAE-based master developer, has acquired the New South Wales arm of Roberts Co. The move marks…
UAE News
UAE to launch Dirham-backed stablecoin
IHC, ADQ, and First Abu Dhabi Bank (FAB) have announced plans to launch a new stablecoin backed by…