TechFinance

Abu Dhabi Fintech Secures $500 Million Credit from Citi to Fuel Growth

12 days ago

In a significant move within the financial technology sector, an Abu Dhabi-based fintech company has successfully arranged a line of credit totaling $500 million from Citigroup. This development marks a pivotal moment for the regional fintech landscape, combining financial innovation with substantial backing from one of the world's leading financial institutions.

The Fed Decides, Microsoft and BlackRock Team Up: Strategic Collaborations in Technology and Finance

3 months ago

In a pivotal move that may redefine the landscape of parts of the economy, the Federal Reserve made a critical decision at a time when markets were beset on all sides with economic uncertainty. But as financial markets were gearing up for the possible repercussions from the Fed's latest moves, another bombshell of an announcement came: the momentous partnership between tech behemoth Microsoft and investment management giant BlackRock. These two parallel events have set tongues wagging in a flurry of speculation and excitement within both the financial and technology communities.