Browsing: Banking

Crypto.com has signed a memorandum of understanding (MoU) with Dubai Islamic Bank (DIB) to strengthen its services across the UAE and the Gulf Cooperation Council (GCC) region. This alliance aims to enhance the cryptocurrency experience for its over 100 million global customers while integrating Islamic finance principles.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence for the UAE, has enacted Executive Council Resolution No. (101) of 2024 in his role as Chairman of Dubai’s Executive Council.

The Central Bank of the UAE (CBUAE) and the Hong Kong Monetary Authority (HKMA) held their second bilateral meeting in Hong Kong, strengthening ties between their financial sectors. The meeting, attended by Saif Humaid Al Dhaheri from the CBUAE and Stanley Chan from the HKMA, built on discussions initiated during their first meeting in Abu Dhabi in May 2023.