Dubai HQ

08/10/2024

Where’s your favorite spots to shop in Dubai?

23/07/2024

Edifice Brokerage is a real estate company located in Dubai, United Arab Emirates. The company specializes in providing real estate brokerage services, property management, and valuation services. They work with clients to buy, sell, and rent properties in Dubai and offer expertise in areas such as commercial properties, residential properties, and off-plan properties.

Learn more: https://dubaihq.co/edifice-brokerage

01/07/2024

Mitsui & Co, alongside partners including an Abu Dhabi National Oil Company (ADNOC) unit, has started constructing an ammonia plant in Al Ruwais, UAE, aiming to produce 1 million metric tons per year by 2027. The plant will feature CO2 capture and storage facilities, with plans to begin producing clean ammonia by 2030, targeting supply to Japan and other Asian markets for fuel, chemical, and fertilizer uses.

28/06/2024

Reem Finance has partnered with Network International to drive innovation and growth in the UAE's financial services sector. The collaboration will enhance Reem Finance's digital capabilities and provide advanced payment processing solutions. This partnership aims to offer seamless, top-tier services to customers, leveraging Network International's extensive experience in digital payments.

Reem Finance focuses on providing customers with a unique banking experience in light of the digital age

28/06/2024

Cryptocurrency exchange Binance has announced that its Dubai branch, Binance FZE, has obtained a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA).

Dubai's crypto regulator has granted a virtual asset provider license to Binance's Dubai-based branch

27/06/2024

Wio Bank is launching an embedded finance service for UAE's small and medium-sized enterprises (SMEs), partnering with accounting platforms Zoho Books, Fiskl, and Wafeq to integrate banking services into daily operations. Wio Business, the bank’s digital banking application, connects directly with accounting systems via APIs, automating bookkeeping and enhancing financial management. This initiative simplifies financial workflows, reduces manual labor, and allows businesses to focus on growth, addressing a crucial market need for UAE's SMEs.

Wio Bank's latest initiative aims to improve financial management for SMEs through seamless and direct integrations

27/06/2024

SingAuto, a leading innovator in logistics and transportation, plans to develop the world's largest commercial electric vehicle (EV) industrial district in Abu Dhabi, emphasizing its commitment to sustainable logistics and the UAE's clean energy goals. The project, pending final regulatory approval, aims to strengthen the UAE’s position as a global hub for sustainable transportation technologies.

SingAuto’s initiative to build the world's largest commercial EV industrial district marks a significant step towards a sustainable, innovative, and efficient logistics landscape for the region

26/06/2024

The Central Bank of the UAE (CBUAE) has introduced the Sandbox Conditions Regulation to attract start-ups and global fintech businesses, promoting innovation and competitiveness in the financial sector within a regulatory framework. This regulation allows participants to test innovative financial solutions without obtaining a license, provided they meet specific criteria and comply with regulatory obligations.

Sandbox Conditions Regulation to create attractive environment for financial sector

26/06/2024

UAE-based fintech Comfi has obtained a $5 million debt facility from an undisclosed Abu Dhabi private family office. Founded in 2023, Comfi provides a B2B payments platform offering manufacturers and suppliers flexible payment solutions for their buyers, with guaranteed upfront payments. This funding will support the expansion of Comfi's embedded pay-later and pay-now solutions.

UAE-based fintech Comfi has secured a $5 million debt facility from an undisclosed Abu Dhabi-based private family...

25/06/2024

UAE fintech GTN has partnered with Revolut to offer bond trading in the European Economic Area through Revolut’s super-app. This collaboration leverages GTN’s trading ecosystem and Revolut’s 40 million-strong customer base to create a comprehensive investment platform for both advanced and beginner users. The partnership allows individuals to start investing with as little as €100, breaking down traditional barriers to bond investment and enabling broader portfolio diversification.

Partnership to allow super-app users in the EEA region to trade in bonds

25/06/2024

Financial inclusion has advanced significantly through technological innovation, extending financial services to low-wage workers. UAE-based myZoi, a digital payroll platform founded during the Covid-19 pandemic, focuses on providing financial access to underbanked individuals via digital wallets. Supported by SC Ventures, myZoi aims to expand in the Gulf region, enhancing financial inclusion for migrant workers through strategic partnerships and innovative solutions.

Generation Start-up: The Standard Chartered-backed FinTech company aims to connect the dots between banks and the underbanked population

24/06/2024

British self-driving technology developer Oxa has partnered with Abu Dhabi-based Bayanat to enhance its autonomous vehicles using AI-powered geospatial analytics. The collaboration, supported by the Abu Dhabi Investment Office, aims to develop smart city solutions and an Autonomous Mobility Center of Excellence to nurture local talent.

Oxa and Bayanat join forces to integrate AI-powered geospatial analytics to power autonomous vehicles