Al Tamimi & Company and Axxion Claims Settlement Services examine the operational impact of the UAE’s consolidated Centr...

Al Tamimi & Company and Axxion Claims Settlement Services examine the operational impact of the UAE’s consolidated Central Bank framework on motor claims

Al Tamimi & Company, in collaboration with Axxion Claims Settlement Services, has outlined the operational implications of the UAE’s consolidated Central Bank framework for motor claims, ahead of the September 2026 deadline for the reconciliation period established under Federal Decree-Law No. 6 of 2025. Federal Decree-Law No. 6 of 2025, which came into force in […]

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RAKBANK Receives In-Principle Approval to Launch an AED-Backed Stablecoin - rakbank receives

RAKBANK Receives In-Principle Approval to Launch an AED-Backed Stablecoin

Ras Al Khaimah, United Arab Emirates, January 7th, 2026 – RAKBANK announced today that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed payment token i.e., stablecoin, subject to the completion of regulatory and operational requirements. This marks an important step in RAKBANK’s digital assets journey and reflects the Bank’s commitment to developing regulated, secure and transparent financial solutions aligned with the UAE’s evolving digital economy framework. This development builds on RAKBANK’s growing capabilities in digital asset services. In 2025, the Bank enabled its retail cust

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