Tag: UAE


UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%

January 10, 2024


The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening macroeconomic conditions caused investors to tighten their belts, according to global investment figures shared exclusively with CNBC. The data from […]

Energy, Industries

Germany secures natural gas deal with the UAE as Berlin rushes to replace Russian supply before winter

September 26, 2022

Via: Markets Insider

Germany signed a natural gas deal with the United Arab Emirates on Sunday, as the European country scrambles to find alternatives to cut-off Russian energy imports before winter kicks in. Under the deal, German utility giant RWE will get liquefied […]

Energy, Industries

Crude Oil Outlook: UAE Attack Drives WTI, Brent to 7-Year High

January 18, 2022

Via: DailyFX

Oil prices have reached the highest level since 2014 after the Yehmen Houti group used drones and missiles to set off explosions in fuel trucks in the UAE (United Arab Emirates). With already rising geopolitical tensions between Russia and the […]

Finance Tech, Mobile Banking & Payments

Citibank introduces digital wallet app City Pay for Android users in the UAE

August 1, 2018

Via: TechRadar

Digital wallets for UAE consumers keep expanding. Citibank UAE joins the growing mobile wallet landscape in the region lead by Apple Pay and Samsung Pay with its standalone app, Citi Pay UAE. The app will available to Citi Mastercard credit […]