United Arab Emirates

Coordinates: 24°N 54°E / 24°N 54°E / 24; 54

The United Arab Emirates i/juːˌntd ˌærəb ˈɛmɪrts/ (Arabic: دولة الإمارات العربية المتحدة Dawlat al-Imārāt al-‘Arabīyah al-Muttaḥidah), sometimes simply called the Emirates or the UAE, is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar and Iran. In 2013, the UAE's total population was 9.2 million, of which 1.4 million are Emirati citizens and 7.8 million are expatriates.

Established in December 1971, the country is a federation of seven emirates. The constituent emirates are Abu Dhabi (which serves as the capital), Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. Each emirate is governed by an absolute monarch; together, they jointly form the Federal Supreme Council. One of the monarchs is selected as the President of the United Arab Emirates. Islam is the official religion of the UAE, and Arabic is the official language, although English is widely used.

Latest News for: Uae blockchain banking

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UAE Emerges as Global Leader in Cryptocurrency Adoption

The Arabian Post 31 Mar 2025
Furthermore, the Central Bank of the UAE approved AE Coin, the nation’s inaugural dirham-pegged stablecoin, facilitating faster and more cost-effective digital transactions ... This move aligns with the UAE’s ambition to become a global crypto hub and demonstrates confidence in the transformative potential of blockchain technology....
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Sonic Labs ditches algorithmic stablecoin in favor of UAE dirham alternative

Cryptopolitan 29 Mar 2025
The shift in development is coming after the United Arab Emirates (UAE) announced the launch of ... Governor of the Central Bank of the UAE, Khaled Mohamed Balama, mentioned that the dirham will be based on a blockchain, enhance financial stability, and help combat financial crime....
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Chainlink Joins ADGM on Blockchain and AI After Ripple Collaboration

Finance Magnates 24 Mar 2025
Our alliance will elevate the blockchain ecosystem in the UAE, driving greater innovation and adoption," Angie Walker, Global Head of Banking and Capital Markets at Chainlink Labs and Senior Executive Officer at Chainlink Labs Abu Dhabi, commented ... and blockchain standards....
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UAE leads resilience of the banking sector in the GCC

Khaleejtimes 20 Mar 2025
The UAE’s banking sector is poised to lead regional resilience in 2025, bolstered by thriving non-oil economic momentum, record-breaking infrastructure investments, and strategic digital transformation ...  With 80 per cent of UAE customers now using digital banking weekly, lenders are investing heavily in AI and blockchain....

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