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Digital Payment Systems

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

  • Central bank digital currencies may disrupt financial systems

    *Fitch Ratings says associated risks need to be managed well if CBDCs are to stay beneficial *Potential for cybersecurity threats could increase as touchpoints proliferate The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between the associated risks and benefits, according to Fitch Ratings....