Latest news with #UAE-born
Mid East Info
22-07-2025
- Business
- Mid East Info
BurjX Secures FSRA License, Launches ADGM-Regulated Trading Platform with 100+ Digital Assets - Middle East Business News and Information
BurjX, the UAE-born digital asset trading platform, has officially secured its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, for brokerage and custody activities. In a landmark achievement, BurjX becomes a fully regulated digital asset brokerage platform to offer and support trading of over 100 digital assets, setting a new standard for market access, regulatory depth, and product breadth in the region. The UAE's cryptocurrency market is projected to generate US$395.9 million in revenue in 2025, with the user base expected to reach 3.88 million by 2026 . With nearly one-third of the population set to own crypto within the next year, the UAE ranks among the highest adoption rates globally. BurjX is setting the benchmark for what a regulated, homegrown platform can be. A Mission Born in the UAE, Led by Its Founders 'We came to the UAE to build something that reflects the future of this region: regulated, trusted, and globally competitive,' said Omar Abbas, Co-Founder and CEO of BurjX, who previously co-founded NDAX, Canada's leading crypto exchange. 'Securing our FSRA license and launching with 100+ assets is proof of what's possible when you build with conviction from the ground up. We're not another imported platform entering the UAE. We're a homegrown one, built here to lead globally.' 'It's rare to see a startup go live with this level of regulatory and technical execution,' said Adam Ferris, Co-Founder and Chairman, a Harvard JD/MBA graduate who previously held key roles at Goldman Sachs. 'This launch validates the strength of our infrastructure, the caliber of our team, and our ambition to position BurjX as a global player from day one.' As part of its governance framework, BurjX has appointed Dr. Ryan Lemand to its Board. A former Binance board member and ex-Head of Risk at UAE's Securities and Commodities Authority (SCA), he brings deep expertise in regulation, digital assets, and institutional finance. Trade 100+ Tokens with Instant AED On-Ramps Powered by Zand: BurjX makes it easy to go from dirhams to digital assets in seconds. Integrated with UAE banking rails through Zand Bank, users can instantly fund their accounts in AED and trade over 100 tokens within seconds, all under the oversight of ADGM's world-leading virtual asset framework. As one of the region's first true fiat-to-crypto bridges, BurjX offers frictionless access to digital markets that is secure, seamless, and proudly UAE native. Regulated, Institutional-Grade Custody: As one of the few platforms in the region licensed for both brokerage and custody, BurjX combines the strength of ADGM's virtual asset regime with the speed of institutional-grade infrastructure. Built on NASDAQ-grade systems that process over 1 million transactions per second and secured by Fireblocks' MPC wallet technology, BurjX offers fast execution, deep liquidity, and secure custody on a single, unified platform. From first-time traders to institutions, every transaction is backed by multi-layer governance, comprehensive insurance across hot and cold wallets, and robust regulatory oversight. A New Standard in Private Wealth: For family offices, institutions, and high-net-worth clients seeking a more bespoke experience, BurjX has launched its Private Client Division – delivering white-glove OTC services, tailored execution, dedicated relationship coverage, and access to one of the most extensive digital asset offerings in the region. Designed for sophisticated investors, it empowers them to build high-conviction, diversified portfolios with clarity, control, and confidence. What's Next for BurjX: With its launch now official, BurjX is entering a new phase of growth; focused on scaling across the UAE and the broader MENA region, while doubling down on its core pillars: security, simplicity, and regulatory strength. With rising adoption from retail users, growing demand from private wealth clients, and deep liquidity across 100+ assets, BurjX is positioned to be the Middle East's homegrown on-ramp to the global crypto economy. About BurjX: BurjX is a UAE-born digital asset brokerage and custodian, fully licensed by the Financial Services Regulatory Authority of ADGM, the international financial centre of Abu Dhabi. Founded by Omar Abbas, co-founder of NDAX, and Adam Ferris, a Harvard JD/MBA and ex-Goldman Sachs, BurjX offers institutional-grade trading and custody, seamless AED on and off ramps, and multi-layer security infrastructure. Built for trust and performance, BurjX is redefining how the region engages with digital assets and setting a new benchmark for regulated, homegrown innovation.
Business Insider
21-07-2025
- Business
- Business Insider
BurjX Secures FSRA License, Launches ADGM-Regulated Trading Platform with 100+ Digital Assets
Abu Dhabi, United Arab Emirates, July 21st, 2025, Chainwire BurjX, the UAE-born digital asset trading platform, has officially secured its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, for brokerage and custody activities. In a landmark achievement, BurjX becomes a fully regulated digital asset brokerage platform to offer and support trading of over 100 digital assets, setting a new standard for market access, regulatory depth, and product breadth in the region. The UAE's cryptocurrency market is projected to generate US$395.9 million in revenue in 2025, with the user base expected to reach 3.88 million by 2026. With nearly one-third of the population set to own crypto within the next year, the UAE ranks among the highest adoption rates globally. BurjX is setting the benchmark for what a regulated, homegrown platform can be. A Mission Born in the UAE, Led by Its Founders 'We came to the UAE to build something that reflects the future of this region: regulated, trusted, and globally competitive,' said Omar Abbas, Co-Founder and CEO of BurjX, who previously co-founded NDAX, Canada's leading crypto exchange. 'Securing our FSRA license and launching with 100+ assets is proof of what's possible when you build with conviction from the ground up. We're not another imported platform entering the UAE. We're a homegrown one, built here to lead globally.' 'It's rare to see a startup go live with this level of regulatory and technical execution,' said Adam Ferris, Co-Founder and Chairman, a Harvard JD/MBA graduate who previously held key roles at Goldman Sachs. 'This launch validates the strength of our infrastructure, the caliber of our team, and our ambition to position BurjX as a global player from day one.' As part of its governance framework, BurjX has appointed Dr. Ryan Lemand to its Board. A former Binance board member and ex-Head of Risk at UAE's Securities and Commodities Authority (SCA), he brings deep expertise in regulation, digital assets, and institutional finance. Trading 100+ Tokens with Instant AED On-Ramps Powered by Zand BurjX makes it easy to go from dirhams to digital assets in seconds. Integrated with UAE banking rails through Zand Bank, users can instantly fund their accounts in AED and trade over 100 tokens within seconds, all under the oversight of ADGM's world-leading virtual asset framework. As one of the region's first true fiat-to-crypto bridges, BurjX offers frictionless access to digital markets that is secure, seamless, and proudly UAE native. As one of the few platforms in the region licensed for both brokerage and custody, BurjX combines the strength of ADGM's virtual asset regime with the speed of institutional-grade infrastructure. Built on NASDAQ-grade systems that process over 1 million transactions per second and secured by Fireblocks' MPC wallet technology, BurjX offers fast execution, deep liquidity, and secure custody on a single, unified platform. From first-time traders to institutions, every transaction is backed by multi-layer governance, comprehensive insurance across hot and cold wallets, and robust regulatory oversight. A New Standard in Private Wealth For family offices, institutions, and high-net-worth clients seeking a more bespoke experience, BurjX has launched its Private Client Division – delivering white-glove OTC services, tailored execution, dedicated relationship coverage, and access to one of the most extensive digital asset offerings in the region. Designed for sophisticated investors, it empowers them to build high-conviction, diversified portfolios with clarity, control, and confidence. What's Next for BurjX With its launch now official, BurjX is entering a new phase of growth; focused on scaling across the UAE and the broader MENA region, while doubling down on its core pillars: security, simplicity, and regulatory strength. With rising adoption from retail users, growing demand from private wealth clients, and deep liquidity across 100+ assets, BurjX is positioned to be the Middle East's homegrown on-ramp to the global crypto economy. About BurjX BurjX is a UAE-born digital asset brokerage and custodian, fully licensed by the Financial Services Regulatory Authority of ADGM, the international financial centre of Abu Dhabi. Founded by Omar Abbas, co-founder of NDAX, and Adam Ferris, a Harvard JD/MBA and ex-Goldman Sachs, BurjX offers institutional-grade trading and custody, seamless AED on and off ramps, and multi-layer security infrastructure. Built for trust and performance, BurjX is redefining how the region engages with digital assets and setting a new benchmark for regulated, homegrown innovation.
What's On
15-07-2025
- Lifestyle
- What's On
Summer skincare: 7 UAE-born brands to shop this season
There are thousands of beauty brands out there with formulas to solve just about any skincare qualm, and with summer in full swing, our skin needs more love than ever. It's time to level up your routine – if you want to try something new, why not pick from the UAE-born skincare brands? The world is in Dubai, but Dubai is also in the world, and these UAE-born and bred names are making waves. Peacefull Salama Mohamed sure knows how to entertain us on social media with her fun videos of her family, but did you know the Emirati entrepreneur also has a skincare brand in the UAE? The social media star's passion project has been formulated with Korean skincare technology. As we all know, Korean skincare has assumed a sort of holy grail status when it comes to skincare solutions, and Peacefull emulates that with clean and effective products that do just what they must. @peacefull De L'Arta De L'Arta is as local as it gets. The formulas are all made with resources found here in the UAE, and local plant extracts for natural, sustainable products. While it is widely believed that the desert landscape of the UAE doesn't have much to offer, De L'Arta is harnessing the power of a rich trove of resources to bust that myth. @de_larta Wishful Huda Kattan's skincare brand is a relatively new addition to her beauty empire's ever-growing portfolio of products. Her line of makeup, Huda Beauty, can be found on the shelves of perhaps every beauty retailer in the world, and now Wishful is taking the local markets by storm. @wishfulskin Shirley Conlon Organics Like many inventions in this world, the Shirley Conlon Organics was born out of necessity. The founder, Shirley Conlon, found her skin to be acting up when she moved to Dubai and figured she'd create formulas herself so she knew exactly what was going into it. Her conscious skincare focuses on combatting UV, heat and pollution damage. @shirleyconlonorganics GLIST This homegrown brand takes the very best of East Asian skincare and formulates it specifically for the region. A mix of Japanese and Korean skincare secrets, GLIST has a highly popular range of sheet masks for every qualm and is a semi-gel cellulose technology, an innovative material that is being retailed in the region for the first time. @glist__official Herbal Essentials This UAE-born-and-bred brand is all about natural, clean, uncomplicated skincare, formulated with Himalyan spring water. Himalayan Active Water contains 3 essential minerals that help hydrate, strengthen & protect the skin barrier, so there's a wealth of benefits to be derived from it. The brand has a variety of options for all skin types and issues. @herbal_essentials The Camel Soap Factory A homegrown name known for crafting natural skincare products using locally sourced camel milk, The Camel Soap Factory products are loved for its nourishing and hydrating properties. They offer handmade soaps, balms, and skincare items with sustainable ingredients, free from harsh chemicals. The distinctive soaps are often infused with regional scents like frankincense, oud, and lavender, also make for popular souvenirs – ethical beauty straight from the heart of the desert. @camelsoapfactory Images: Socials > Sign up for FREE to get exclusive updates that you are interested in
Business Upturn
11-07-2025
- Business
- Business Upturn
OFZA Appoints Amir Tabch as CEO to Lead Next Phase of Regulated Growth
Dubai, UAE, July 11, 2025 (GLOBE NEWSWIRE) — OFZA , the UAE-born, regulator-aligned cryptocurrency exchange, has appointed Amir Tabch as Chief Executive Officer to lead OFZA through its next stage of growth and market activation. This leadership milestone reflects OFZA's deepening commitment to building the most trusted crypto exchange in the region—one that's designed from day one to align with regulations, empower users, and scale without shortcuts. A seasoned executive with over 20 years of experience across large regulated financial institutions, digital-led startups, and crypto-native platforms, Tabch brings the kind of strategic leadership that matches OFZA's mission: to make digital asset trading safe, simple, and accessible for everyone. ' OFZA isn't here to be the biggest. We're here to be the most trusted,' said Tabch. 'That means regulatory-first principles, real operational substance, and a platform that puts both retail and institutional users first.' Fully licensed by Dubai's Virtual Assets Regulatory Authority (VARA), OFZA is authorized to provide Broker-Dealer Services, Exchange Services, Management and Investment Services, and Advisory Services. The platform is built with local governance, regulatory clarity, and security-first architecture designed for long-term credibility. The firm's mission is to empower and educate individuals and businesses to take control of their financial future by simplifying crypto trading and removing barriers to entry. OFZA combines a secure, regulated infrastructure with an intuitive user experience and practical tools, making digital asset trading safe, simple, and accessible. With Tabch at the helm, OFZA is not just announcing a new CEO—it's signaling the rise of a new kind of crypto exchange: born regulated, built for trust, and ready to scale responsibly. About OFZA Headquartered in Dubai, OFZA is a full-service, VARA-regulated Virtual Asset Service Provider (VASP) that allows traders to buy, sell, and trade a wide range of digital assets. By providing a cohesive platform of innovative technology, robust security measures, and a customer-first approach, OFZA is poised to disrupt the trading experience in the Middle East region. For more information, visit . Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Mid East Info
08-07-2025
- Business
- Mid East Info
OFZA Appoints Amir Tabch as CEO to Lead Next Phase of Regulated Growth - Middle East Business News and Information
OFZA , the UAE-born, regulator-aligned cryptocurrency exchange, has appointed Amir Tabch as Chief Executive Officer to lead OFZA through its next stage of growth and market activation. This leadership milestone reflects OFZA's deepening commitment to building the most trusted crypto exchange in the region—one that's designed from day one to align with regulations, empower users, and scale without shortcuts. A seasoned executive with over 20 years of experience across large regulated financial institutions, digital-led startups, and crypto-native platforms, Tabch brings the kind of strategic leadership that matches OFZA's mission: to make digital asset trading safe, simple, and accessible for everyone. ' OFZA isn't here to be the biggest. We're here to be the most trusted,' said Tabch. 'That means regulatory-first principles, real operational substance, and a platform that puts both retail and institutional users first.' Fully licensed by Dubai's Virtual Assets Regulatory Authority (VARA), OFZA is authorized to provide Broker-Dealer Services, Exchange Services, Management and Investment Services, and Advisory Services. The platform is built with local governance, regulatory clarity, and security-first architecture designed for long-term credibility. The firm's mission is to empower and educate individuals and businesses to take control of their financial future by simplifying crypto trading and removing barriers to entry. OFZA combines a secure, regulated infrastructure with an intuitive user experience and practical tools, making digital asset trading safe, simple, and accessible. With Tabch at the helm, OFZA is not just announcing a new CEO—it's signaling the rise of a new kind of crypto exchange: born regulated, built for trust, and ready to scale responsibly. About OFZA Headquartered in Dubai, OFZA is a full-service, VARA-regulated Virtual Asset Service Provider (VASP) that allows traders to buy, sell, and trade a wide range of digital assets. By providing a cohesive platform of innovative technology, robust security measures, and a customer-first approach, OFZA is poised to disrupt the trading experience in the Middle East region. For more information, visit .
