Browsing: financial inclusion

The Central Bank of the United Arab Emirates (CBUAE) has revealed plans to introduce a retail central bank digital currency (CBDC), known as the digital dirham, in the final quarter of 2025.

Al Masraf (The Arab Bank for Investment and Foreign Trade) has signed an agreement with Finneva Information Technologies LLC (Finneva) to introduce innovative Supply Chain Finance solutions for Small & Medium Enterprises (SMEs) in the UAE. This move will enhance financial access for businesses across key sectors in the UAE by improving cash flow, optimizing working capital and fostering sustainable growth.