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New fintech reconciliation and fraud detection platform helps UAE mobile money providers safeguard their revenue
15+ hour, 26+ min ago (118+ words) LATRO, a global technology and managed services provider with offices in Dubai, has introduced Assure Fintech. This new solution tackles the escalating compliance and fraud challenges associated with modern mobile money ecosystems. As a result, both MMPs and MNOs face…...
Oil prices ease but remain above $100 as Hormuz risks persist
19+ hour, 49+ min ago (713+ words) Attacks on ships and Saudi pipeline keep supply fears elevated above $100 Oil prices fell in early trading Monday after a sharp weekly advance, but remained elevated as fresh reports of attacks on shipping and a temporary shutdown of a major…...
RBI Rejects Tata Sonsâ IPO Waiver: Why Indiaâs $185 Billion Tata Group May Be Forced to List
1+ day, 5+ hour ago (789+ words) A rejected waiver puts fresh pressure on the heart of the $185 billion Tata empire Dubai: India’s central bank is said to have rejected Tata Sons Pvt.’s plea to get a waiver from a regulatory rule that requires it go…...
Emirates Development Bank Reaches Dh30 billion in financing approvals for industrial businesses
1+ day, 1+ hour ago (246+ words) Abu Dhabi: Emirates Development Bank (EDB), the UAE’s key financial engine for economic diversification and industrial transformation, has approved more than Dh30 billion in cumulative financing since 2021, achieving its five-year mandate and reinforcing its role in financing the UAE’s industrial and…...
Tata Sons has resisted an IPO for years. The pressure is closing in
1+ day, 5+ hour ago (797+ words) A rejected waiver puts fresh pressure on the heart of the $185 billion Tata empire Dubai: India’s central bank is said to have rejected Tata Sons Pvt.’s plea to get a waiver from a regulatory rule that requires it go…...
Oman urges travellers to India to secure comprehensive health insurance before departure
1+ day, 4+ hour ago (210+ words) Oman's consulate in Mumbai warns hospital and intensive care costs can be high Dubai: Oman has urged its citizens travelling to India, particularly students, to obtain comprehensive health insurance covering their entire stay amid an increase in cases requiring medical…...
Dubai opens new China investment push across AI, EVs and fintech
1+ day, 6+ hour ago (427+ words) Shenzhen forum will connect Chinese investors with opportunities across key Dubai sectors Dubai: Chinese companies looking to expand into the Middle East will be presented with opportunities across artificial intelligence, electric vehicles, fintech, advanced manufacturing, logistics and digital infrastructure when…...
UAE VAT changes could make large cash payments more expensive for businesses
1+ day, 7+ hour ago (895+ words) New rules put cash payments, staff housing and employee benefits under fresh VAT checks Dubai: UAE businesses that rely on large cash payments, provide accommodation to employees or recover VAT on staff benefits may need to review those arrangements before…...
Sam Altman tells Fortune OpenAI will not go public in 2026
1+ day, 9+ hour ago (445+ words) New York: OpenAI will not go public this year, the company's chief executive Sam Altman said in an interview released on Saturday, citing safety concerns over artificial intelligence. "Given everything happening with safety, right now would be an ill-advised moment…...
UAE exporters move closer to German risk cover for overseas projects
1+ day, 10+ hour ago (364+ words) ECI and Euler Hermes open talks on reinsurance for UAE-Germany export projects Dubai: UAE exporters could get greater support in managing the financial risks of international projects under a new cooperation framework signed between Etihad Credit Insurance and Germany’s Euler…...