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Middle East and North Africa (MENA)

UAE Poised to Become MENA’s Stablecoin Powerhouse

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The United Arab Emirates (UAE) is poised to become a regional leader in digital assets and stablecoin adoption. This is supported by progressive regulation, robust digital infrastructure, and booming crypto usage, according to a new report by PwC and Abu Dhabi-headquartered digital assets infrastructure provider Fuze. The report, released in May, looks at the state […]

The post UAE Poised to Become MENA’s Stablecoin Powerhouse appeared first on Fintechnews Middle East.

UAE and Saudi Arabia Lead MENA VC Increase; Fintech Remains Top Focus

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Venture capital (VC) investment in the Middle East and North Africa (MENA) continues to rebound this year, driven by a rise in smaller funding rounds, strong investor focus on Saudi Arabia and the United Arab Emirates (UAE), and sustained support for fintech. According to new data from Magnitt, a financial data platform focused on emerging […]

The post UAE and Saudi Arabia Lead MENA VC Increase; Fintech Remains Top Focus appeared first on Fintechnews Middle East.

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