RAKBank is preparing to join the United Arab Emirates’ (UAE’s) fast-evolving stablecoin ecosystem after receiving ...
RAKBank gets in-principle approval for a UAE dirham-backed stablecoin. Details on blockchain and adoption are still pending.
The United Arab Emirates has excluded British universities from its list of approved institutions eligible for ...
RAKBANK receives in-principle approval from Central Bank of UAE to launch AED-backed stablecoin with 1:1 reserve backing ...
The United Arab Emirates has removed state funding for citizens who want to study in the United Kingdom over fears of campus ...
From UAE passenger rail and Saudi market reforms to Dubai property trends and GCC shifts, here are 10 essential stories this ...
Gulf Business on MSN
RAKBANK gets CBUAE in-principle approval for dirham-backed Stablecoin
RAKBANK, one of the UAE's oldest lenders with assets exceeding Dhs88bn ($24bn), has been building its digital asset capabilities.
The Dubai Financial Services Authority (DFSA) has granted in-principle approval to Ripple (CRYPTO: XRP) to offer blockchain-enabled payment services from the Dubai International Financial Centre (DIFC ...
Khaleej Times on MSN
RAKBank gets UAE Central Bank approval for dirham-backed stablecoin
RAKBank on Wednesday said it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed stablecoin. The lender said further regulatory and operational ...
In-principle approval from the CBUAE marks a milestone in the bank’s digital assets strategy as it combines blockchain ...
Gulf Business on MSN
UAE approves AED2.5bn in housing support as new community projects roll out
The United Arab Emirates expanded its national housing programme in 2025 as part of a broader strategy to strengthen family ...
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