JPMorgan Chase, a leading American financial institution, disclosed a data breach impacting the personal information of over 450, 000 customers. According to filings submitted to the Maine Attorney General's office, the bank identified a softwar…
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The Dubai Financial Services Authority (DFSA) reported a year of significant expansion and innovation in its 2023 annual report. The financial regulator highlighted a 25% increase in licensed firms, reaching a total of 791 by year-end. This surge re…
The Gulf Cooperation Council (GCC) region is experiencing a surge in demand for language services, fueled by its booming economies, growing international business ties, and a rising tide of technological innovation. Artificial intelligence (AI) is a…
In a landmark move, cryptocurrency giants Binance and KuCoin have secured registration with India's Financial Intelligence Unit (FIU), marking the first time the country's anti-money laundering watchdog has approved offshore crypto entities.…
Dubai-based real estate fractional ownership platform, PRYPCO Blocks, has achieved a significant milestone by securing funding for its first property located in the prestigious Bellevue Towers, Downtown Dubai. This successful venture highlights the …
The CEO of Harvest Global Investments, Han Tongli, is making a bold move to expand the reach of the firm's Bitcoin exchange-traded fund (ETF). By seeking inclusion on the Stock Connect program, Han hopes to grant access to mainland Chinese inves…
Dnata, a leading global air and travel services provider, has secured a significant new partnership with Lufthansa Group at Amsterdam Schiphol Airport (AMS). This agreement will see Dnata provide its comprehensive passenger and ramp services to four…
OpenAI, the artificial intelligence research lab backed by Microsoft, is set to unveil a search tool powered by AI on Monday, potentially shaking up the search landscape currently dominated by Google. This new product represents a significant step f…
In a move to facilitate the distribution of crypto assets to eligible clients, bankrupt cryptocurrency lender BlockFi has partnered with major exchange Coinbase. This collaboration aims to ensure a smoother process for users seeking to withdraw thei…
Canadian financial regulators have hit Binance, a major cryptocurrency exchange, with a $6 million penalty for failing to register as a money services business and for neglecting to report large transactions. The Financial Transactions and Reports A…
Cryptocurrency wallet provider Exodus hit a speedbump on its journey to a major stock exchange listing. The company, previously scheduled to debut on the NYSE American on May 9th, announced a postponement due to an ongoing review by the U. S. Securi…
Binance, the world's largest cryptocurrency exchange, is facing renewed scrutiny over its commitment to curbing market manipulation on its platform. The accusations stem from a high-profile client, Deutsche Wirtschaftsförderungsgesellschaft (DWF…
Almosafer, a leading Saudi Arabian travel company, and Amadeus, a global travel technology giant, have announced a significant expansion of their long-standing partnership. This move will see Almosafer integrate Amadeus' New Distribution Capabil…
Miahona Company, a leader in water and wastewater infrastructure development in Saudi Arabia, announced the successful completion of its book building process for institutional investors. The company also revealed the final offer price for its initi…
The Abu Dhabi Music & Arts Foundation (ADMAF) and the Seoul Metropolitan Government signed a Memorandum of Understanding (MoU), marking a first-of-its-kind cultural collaboration between the Arab world and South Korea. This initiative strengthen…
The travel industry is about to get a major wellness upgrade. The Collinson Group, a leader in travel and financial services, has announced a new global joint venture (JV) with WithU Global, a rising star in the FitTech (fitness technology) space. T…
The Abu Dhabi Music & Arts Foundation (ADMAF) and the Seoul Metropolitan Government signed a Memorandum of Understanding (MoU) to bolster cultural ties between the United Arab Emirates and South Korea. This marks the first such collaboration in …
The UAE's property market witnessed a robust start to 2024, fueled by investor demand, a surge in completions, and rising prices and rents across residential, hospitality, and office sectors, according to a report by JLL. Dubai's residential…