DP World aims to reduce the cost of trade settlements, increase transparency and shorten transaction times for cross-border payments
The service will enable Mashreq’s retail customers to make peer-to-peer global payments in select markets across Asia, Europe and the Americas
The mBridge platform is an initiative under the CBUAE’s Financial Infrastructure Transformation programme that seeks to accelerate the digital transformation of the UAE’s financial services sector
The platform currently links 108 out of 120 Arab banks signed up, with a target of 160 by the end of 2024
The global CEO and chairman explains how the company has emerged as an industry-leading digital remittance firm providing an expansive set of offerings
The blockchain firm said its new UAE entity will focus on deposit token infrastructure to promote cost-effective and borderless trade finance