Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that ...

Abu Dhabi’s economy is expected to grow at 2.5 per cent this year, and an average of 3.5 per cent over 2026 to 2028, ...

Under the first MoU, the CBUAE and the CBK will strengthen cooperation between the UAE and Kenya to support the sustainable ...

DUBAI, April 28 (Reuters) - Abu Dhabi sovereign wealth fund ADQ ... "This stablecoin will be used as a reliable digital currency across a wide range of everyday scenarios - by citizens and ...

Abu Dhabi-backed investment group MGX has made ... investment in stablecoin - a type of cryptocurrency pegged to a fiat currency such as the dollar. A Binance spokesperson declined to comment ...

Crypto exchange giant Binance said on Wednesday that Abu Dhabi-based investment firm MGX ... though it did not specify which currency was used. Binance is the largest crypto exchange by trading ...

First Abu Dhabi Bank (FAB), and International Holding, a sprawling conglomerate, will be the founding partners of the new stablecoin, whose creation will be subject to regulatory approval. “This ...

Abu Dhabi's MGX to become minority shareholder ... investment in stablecoin - a type of cryptocurrency pegged to a fiat currency such as the dollar. Sign up here. A Binance spokesperson declined ...