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Digital Payments, Blockchain, and AI in Trading

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In an exclusive Q&A with The Financial Integrator, Naser Taher, Founder and Chairman of MultiBank Group, shares insights on the UAE’s transition to a cashless economy, the transformative impact of blockchain and AI on financial trading, and the evolving fintech regulatory landscape. He discusses MultiBank’s strategic innovations, including the MultiBank Chain, MBG Token, and AI-driven trading tools, and highlights how the group is positioning itself at the forefront of DeFi 2.0, green finance, and asset tokenization in the financial markets of the future.

How do you see cash payment services evolving in the UAE and the broader GCC region, and what role does MultiBank Group play in this transformation?

The UAE and the region in general are undergoing a significant transformation in cash payment services, driven by a shift towards cashless economies. This evolution is spearheaded by government initiatives like the UAE’s National Payment Systems Strategy and Saudi Arabia’s Vision 2030, which aim to enhance financial inclusion and digitize transactions. In 2025, we expect cashless payments to dominate, fueled by the rise of digital wallets, contactless payments, and real-time payment systems.

MultiBank Group’s agreements with institutions like Mashreq and Al Ansari Exchange highlight its dedication to supporting this transition. These developments promise to streamline transactions for both consumers and businesses and enhance transparency. Under the government’s visionary leadership, the UAE is positioning itself as a leader in financial innovation, marking a significant milestone in the region’s economic evolution.

With MultiBank Group’s focus on social trading, blockchain, and AI, which of these technologies do you predict will have the most significant impact on financial trading trends by 2025?

While all three technologies will play key roles, I believe blockchain will have the most impact this year. Its ability to provide transparent, secure, and immutable ledgers is revolutionizing trade execution and settlement, significantly reducing costs and mitigating risks. Furthermore, decentralized finance (DeFi) platforms are poised to democratize access to financial markets, empowering retail investors globally. MultiBank’s upcoming initiatives, such as the MultiBank Chain and MBG Token, exemplify this shift by enabling seamless transactions & DeFi integration,

Social trading and AI, with features like portfolio copying, influencer-driven strategies, and algorithmic trading, will undoubtedly enhance inclusivity and efficiency in trading. However, blockchain’s unique ability to redefine trust and transparency positions it as the most impactful driver of change in the financial trading landscape.

How do you envision AI-powered trading tools like smart bots and machine learning shaping the financial trading landscape by 2025? What are the key challenges and opportunities associated with these tools?

AI-powered trading tools, including smart bots and machine learning algorithms, have great potential to transform financial trading by enhancing decision-making, automating processes, and detecting market trends with exceptional precision. At MultiBank, our AI department is leading this charge with innovations like smart order routing and client profiling, designed to maximize trade optimization and profitability.

However, these advancements come with challenges. Ensuring high-quality data, addressing biases within algorithms, and managing latency are critical technical hurdles. Additionally, ethical concerns about automation replacing human roles cannot be overlooked.

Despite these obstacles, AI tools present significant opportunities, such as improving market efficiency, minimizing human error, and enabling round-the-clock trading. By 2025, firms like MultiBank that address these challenges effectively will likely secure a competitive advantage, delivering greater client value.

GCC governments are investing heavily in fintech and blockchain technologies. How do you see the regulatory landscape and financial markets in the region evolving by 2025, and what role will MultiBank Group play in this development?

Governments across the region have been proactive in investing in fintech and blockchain technologies, recognizing their potential to drive economic diversification. Regulatory frameworks are rapidly evolving to keep pace with these innovations. In 2025, we can expect a more mature and harmonized regulatory landscape across the region, balancing innovation with consumer protection.

By working with 16 financial regulators globally, including BaFin in Germany, SCA and VARA in the UAE, MAS in Singapore and ASIC in Australia, MultiBank Group exemplifies leadership in advancing innovation within a secure regulatory framework. The MEX Exchange ECN platform, designed to serve GCC countries & Emerging Markets, demonstrates how strong regulation can promote transparency, build trust, and support economic progress in financial markets. This positions us as a driving force in shaping the region’s financial ecosystem.

What other financial services do you think will emerge as game-changers in the next few years, and how is MultiBank Group positioned to capitalize on these developments?

Several financial services have the potential to emerge as game-changers by 2025.  Defi 2.0 is set to be the next evolution of DeFi and it will likely focus on scalability, security, and real-world asset tokenization.,  MultiBank.io ( The Crypto arm of MultiBank Group ) aims to bridge traditional financial derivatives with the crypto markets, offering top-tier security, robust liquidity, fast execution, and a streamlined platform for spot trading and asset ownership.​​ built on the latest technology, MultiBank io offers spot and derivatives trading and will be the first platform offering real world assets, including gold and silver traded against established crypto.

The growing emphasis on green finance and sustainability-linked financial products will also play a pivotal role as businesses and governments increasingly focus on ESG goals. Additionally, the MultiBank Blockchain, which bridges traditional and decentralized finance, is set to offer innovative solutions, increasing accessibility and efficiency for investors worldwide. These developments place MultiBank at the forefront of reshaping financial services for the future.

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MidChains and Standard Chartered establish strategic banking partnership

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MidChains FZE, a digital asset platform licensed by the Virtual Assets Regulatory Authority (VARA) to provide broker-dealer services to retail, institutional and qualified investors, today announced a strategic banking partnership with Standard Chartered. 

Under the partnership, Standard Chartered will support MidChains with a range of banking services, including fiat settlement capabilities, segregated client money accounts, and correspondent banking. These services will power MidChains’ day-to-day operations and enable efficient settlement. 

Rola Abu Manneh

Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan, Standard Chartered, said: “The UAE has established itself as one of the world’s leading regulatory environments for digital assets and a global centre for financial activity. That creates a strong setting for regulated digital asset firms and established financial institutions to work together. Our partnership with MidChains puts that opportunity into practice, with Standard Chartered providing the banking services that support its institutional activity, including fiat settlement, segregated client money accounts and correspondent banking.” 

Basil Al Askari, Chief Executive Officer, MidChains, added: “Institutional capital moves continuously between traditional and digital markets, and the infrastructure supporting that activity must keep pace. For institutional investors, digital asset services need to connect with the banking system that supports their wider activity. Our partnership with Standard Chartered brings that connection to MidChains’ institutional services, supporting clients as capital moves between traditional and digital markets.” 

By bringing a VARA-licensed digital asset platform together with an established international bank, the partnership connects institutional digital asset activity with the banking infrastructure behind fiat settlement. It is a practical example of how the UAE’s regulated financial ecosystem can link innovation with established banking capabilities to support international business. 

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Ukrainian Business Council elects new Board to advance Ukraine–UAE trade and investment

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The Ukrainian Business Council in the UAE (UBC) elected a new Board at its General Assembly at Dubai Chamber, where members also approved a 2026–2028 strategy to strengthen trade and investment between the two countries.

Over the next three years, the Council plans to extend its trade delegation programme to new markets, deepen ties with international business councils and launch structured investment dialogues to connect UAE investors with opportunities in Ukraine. The UAE–Ukraine Comprehensive Economic Partnership Agreement (CEPA), Ukraine’s first agreement of its kind with a Gulf state, came into force in July 2026 and removes or reduces customs duties on most goods traded between the two countries.

“Ukrainian companies are achieving real results in the UAE, and we see significant untapped potential for Emirati business and investment in Ukraine. Our role is to build on this momentum: to connect the right partners, support companies at every stage of their growth and help investment flow with confidence in both directions.” commented Olena Shyrokova, President, Ukrainian Business Council in the UAE.

In 2025 and 2026, UBC led business delegations to Vienna, Qatar, Ras Al Khaimah, Fujairah, Oman and the Seychelles. It also ran webinars on UAE market entry for Ukrainian companies and business associations and supported the Ukrainian IT delegation at GITEX. Since its founding in 2016, the Council has established a dialogue with the Federation of UAE Chambers and chambers of commerce across the Emirates.

Under the new strategy, UBC will work with international business councils to give Ukrainian companies access to wider business networks in the Emirates and use the UAE as a base for trade missions to the Gulf, Asia and Africa. The Council will help Ukrainian companies in the UAE with registration, investment and expansion. It also plans to help Ukrainian investors find opportunities in the Emirates, attract Emirati investment to support Ukraine’s recovery and develop arbitration and investor protection mechanisms to build confidence in cross-border agreements.

The Council sees the strongest potential in sectors where Ukrainian strengths meet Emirati priorities: agri-food and food security, IT and digital services, renewable energy, logistics and port infrastructure, and post-war reconstruction. These are also the areas both governments have highlighted for future cooperation.

UBC works closely with the Embassy of Ukraine in the UAE and with H.E. Dr Oleksandr Balanutsa, Ambassador Extraordinary and Plenipotentiary of Ukraine to the UAE. The Council took part in the Cities Unite: Cultural and Business Exchange between the UAE and Ukraine dialogue at Expo City Dubai, initiated by H.E. Reem bint Ebrahim Al Hashimy, UAE Minister of State for International Cooperation, and the Embassy of Ukraine.

The Council will continue to support Ukrainian businesses and the wider community, helping companies expand into the UAE and encouraging UAE investment in Ukraine. Businesses, investors and potential partners interested in working with the Council can get in touch by reaching out to info@ukrainianbc.org.

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UAE primed to convert FDI inflows into economic velocity, says new report

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The UAE has built one of the world’s most successful models for attracting foreign direct investment (FDI) and is now positioned to convert that capital into lasting innovation and skill development, according to a white paper from White Paper Media Consulting (WPM), a UAE-based strategic research house that is shaping business and policy conversations in the region using credible datasets and analytical tools. 

Beyond the Numbers: The Transformative Intangible Impact of FDI argues that the real returns on FDI now lie in the intangible value it embeds within host economies, with the UAE a defining case study. The paper contends that the next phase will go beyond investment volumes, number of projects, and job creation and be measured also in patents generated, skills transferred, data ecosystems built, and clean technologies commercialized, among other things.

Official data shows that the UAE attracted more than $48.3 billion in FDI inflows in 2025, capturing 3.1% of global flows. Greenfield FDI reflected both volume and capital depth, with 1,562 projects announced for a combined $34.1 billion in capex, or 1.8% of the global total.

The country’s ability to attract investment reflects its competitiveness as a hub for operational efficiency, supply chain integration, and regional headquarters functions. The UAE has deliberately repositioned its FDI strategy toward knowledge-intensive and future-oriented sectors, recognizing that long-term competitiveness is increasingly driven by innovation, digital capabilities, and human capital. This approach aligns closely with the OECD FDI Qualities framework, with tangible examples across each dimension: including the innovation and competitiveness, digitalization and technology adoption, sustainability and clean energy investments for climate targets, and human capital and local expertise.

Drawing on the OECD framework and benchmarks from Ireland, Singapore, Israel, Costa Rica, and Malaysia, the report documents how leading economies have shifted focus from the volume of capital they attract to the long-term value it creates. In the context of UAE, this is visible in the shift in the country’s policies across phases that begin with the Foundation Phase from 1985 to 2005 of Market Liberalization and Infrastructure Creation, culminating in the current positioning as Global Capital and Technology Hub.

The shift to value in the UAE has made a huge difference to the job-creation intensity of FDI. Approximately 2,816 jobs were created in the UAE for every billion dollars received in greenfield FDI in the five years from 2019 to 2023, compared to 2,265 in the previous five years. This is higher than the OECD average of 2,318 and 1,880 respectively.

The paper identifies seven ongoing policy shifts that deepen the qualitative impact of FDI in the UAE, including extending spillovers from free zones into the mainland economy, prioritizing R&D-intensive investment, embedding skills transfer requirements in major projects, and positioning the country as a global leader in IP creation and data governance.

Yazad Darasha, co-founder and director, WPM, said: “As trusted partners of public and private sector clients, we have tracked the UAE’s investment story for years, and the pattern is unmistakable. The country has positioned itself at the front of the race for capital. What we set out to map in this paper is the harder, more valuable contest: converting investment into skills, technology, and economic velocity. It reflects what we do at White Paper Media, turning complex evidence into decisions leaders can act on.”

Dr. Joachim Arnold, CEO of OCO Global, which advises governments and businesses on attracting FDI, building competitiveness, and strengthening economic resilience, and contributed to the study, said: “The UAE’s infrastructure, free zones, and business-friendly environment helped attract companies and drive growth. The National Investment Strategy 2031 signals a more deliberate focus on investment that raises productivity and embeds benefits into the wider economy. The question is no longer only how to attract capital, but how investment creates lasting value, strengthens existing companies, and helps domestic businesses upgrade their capabilities.”

The paper highlights live examples of this transition already underway, among them the Space42 and ICEYE joint venture building satellites on UAE soil, Microsoft’s $15.2 billion investment plan with a commitment to skill one million people, and the UAE’s $30 billion pledge to the Alterra climate fund.

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