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Fintech News ME
5 minutes ago
- Fintech News ME
BurjX Secures UAE Digital Asset Platform with Fireblocks Infrastructure
BurjX, a UAE-based digital asset trading platform licensed for both brokerage and custody services by the Financial Services Regulatory Authority (FSRA) of the ADGM, has announced it is using Fireblocks, an enterprise platform that provides digital asset infrastructure solutions, to support its trading and custody operations. Amid reports of over US$2.17 billion lost to crypto theft in the first half of 2025, and with only 22% of exchanges offering full insurance coverage, BurjX aims to provide additional protection through Fireblocks' infrastructure and comprehensive insurance underwritten by Relm Insurance, a specialty insurer for digital assets. The platform, built on technology capable of handling one million transactions per second, combines speed, scale and security. At the heart of its custody system is Fireblocks' MPC wallet technology, which secures user assets through advanced cryptography, eliminating single points of failure. Private keys are never exposed, and each transaction is protected by role-based access, automated policy controls and multi-layer authorisation procedures. 'BurjX is entering the market with a clear commitment to regulatory compliance and security-first infrastructure,' said Stephen Richardson, Chief Strategy Officer at Fireblocks. 'We're proud to provide the MPC wallet infrastructure that enables BurjX to operate securely, giving users confidence and control as the UAE's digital asset ecosystem grows.' To enhance compliance and risk monitoring, BurjX has integrated Notabene to comply with the Travel Rule and Chainalysis to monitor transactions and on-chain activity, ensuring transparency and alignment with international anti-money laundering standards. 'All digital asset custody at BurjX, from hot wallets supporting active trading to cold wallets for long-term storage, is underpinned by Fireblocks infrastructure,' said Omar Abbas, Co-Founder and CEO of BurjX. 'This foundation gives our users confidence that their assets are protected by industry-leading security, covered by comprehensive insurance, and fully compliant with one of the world's most rigorous regulatory frameworks.' In addition to enterprise-grade wallet security, BurjX provides comprehensive insurance across both hot and cold wallets, offering protection against internal and external threats. This approach enables both individual and institutional users to access liquidity, fast execution and secure custody on a single, integrated platform. By adopting Fireblocks, BurjX reinforces its focus on providing a regulated and secure digital asset trading environment in the UAE.


Zawya
5 minutes ago
- Zawya
X0PA AI establishes Dubai regional headquarters to expand AI-native recruitment platform to the Middle East
Dubai, UAE: X0PA AI, a Singapore-headquartered artificial intelligence recruitment platform, has established Dubai as its regional headquarters for Middle East operations, the company announced today. The expansion brings the world's first AI Verify-endorsed HRTech Talent Intelligence platform and its comprehensive AI-native recruitment ecosystem to the UAE market. As part of the strategic expansion, the regional headquarters will be directly managed by the company's Founder and CEO, Nina Alag Suri, signaling X0PA AI's long-term commitment to the Middle East following successful implementations across Singapore's government agencies, academic institutions, and enterprise clients. Comprehensive AI-Native Recruitment Platform X0PA AI's platform transforms the entire recruitment lifecycle through artificial intelligence, moving beyond traditional applicant tracking systems to provide predictive analytics, bias-free screening, and automated candidate matching. The system accesses over 250 million candidate profiles globally and uses machine learning to assess candidates based on skills, performance potential, and cultural fit rather than demographic characteristics. The platform's AI algorithms forecast candidate stability and performance, enabling organizations to make data-driven hiring decisions while reducing time-to-hire by up to 50% and cutting recruitment costs by up to 30%. The system integrates seamlessly with existing HR infrastructure including major ATS platforms, LinkedIn, job boards, and calendar systems. " Our AI-native approach addresses the full spectrum of recruitment challenges that organizations face today," said Nina Alag Suri, Founder and CEO of X0PA AI. "From sourcing and screening to assessment and retention prediction, we're providing a complete intelligence layer that transforms how organizations build their workforce." Comprehensive Product Portfolio X0PA AI operates four main product lines: AI Recruiter for enterprise recruitment automation, Room for video and text-based candidate assessments, AI for Academia for university admissions and scholarship allocation, and the Agentic AI Suite featuring four autonomous agents—Alex for candidate screening, Kate for recruitment analytics, Ruby for candidate engagement, and Zeus for interview intelligence. Proven Track Record Across Sectors In Singapore, X0PA AI has demonstrated versatility across government, academic, and enterprise sectors. Vital, the central agency for shared services in the Singapore Public Service, implemented X0PA AI's Recruiter solution to streamline recruitment processes. Companies like SkillsFuture Singapore use the platform for workforce development initiatives. Academic institutions utilize X0PA AI's for Academia to match students with internship programs, considering factors beyond grades including location preferences, language skills, and career interests. Enterprise clients report significant efficiency gains, with the customer base collectively saving over 100,000 days through AI-powered screening processes. The platform maintains a Net Promoter Score of 95, significantly above industry benchmarks. X0PA AI Recruitment Software AI Verify Endorsement and Ethical AI Framework X0PA AI was the first HRTech company to receive AI Verify endorsement, based on the ethical AI framework established by Singapore's IMDA and endorsed by the World Economic Forum. This validation confirms the platform's adherence to principles of transparency, fairness, accountability, and robustness in AI applications, ensuring AI-driven decisions can be explained and audited—critical for organizations operating in regulated environments. Strategic Alignment with UAE Workforce Goals The expansion addresses both enterprise hiring challenges and UAE national workforce objectives. As the UAE implements Emiratisation requirements—mandating companies with 50+ employees to achieve 2% annual increases in Emirati workforce participation, reaching 10% by 2026—X0PA AI's skills-based matching capabilities support compliance while ensuring merit-based selection. The platform's bias-free algorithms help organizations identify qualified Emirati candidates from a broader talent pool, moving beyond traditional screening methods that may overlook suitable candidates. Real-time reporting capabilities track Emiratisation progress while maintaining hiring quality standards. The platform's value extends beyond compliance to address broader workforce challenges including skills shortages, retention issues, and predictive hiring analytics in competitive talent markets. Technology Infrastructure and Future Applications The Dubai operations will leverage X0PA AI's partnerships with Microsoft, Google, and ServiceNow, along with its network of public sector organizations and academic institutions. The platform is hosted on Microsoft Azure Cloud and GCP, integrating with major enterprise software systems. The regional headquarters will work in conjunction with X0PA AI's Centre of Excellence in Singapore, which opened in February 2024. The expansion reflects growing enterprise adoption of AI in recruitment, aligned with the UAE's Strategy for Artificial Intelligence 2031 and Smart Dubai initiative. X0PA AI's suite of AI-powered solutions addresses multiple use cases including diversity hiring, volume recruitment, specialized role filling, and graduate programs, with predictive analytics helping organizations anticipate future workforce needs proactively. About X0PA AI X0PA AI is an artificial intelligence platform providing comprehensive recruitment and talent acquisition solutions. Founded in 2017 and headquartered in Singapore with $9.7 million in funding, the company offers an end-to-end AI-native recruitment ecosystem that eliminates bias, predicts performance, and automates hiring workflows. X0PA AI is the first HRTech company to receive AI Verify endorsement for ethical AI practices, serving clients across enterprise, government, and academic sectors with operations spanning Singapore, India, UK, and UAE. Media Contact: Amit Anand, Marketing Director, X0PA AI Email: amit@ Dubai, United Arab Emirates


Zawya
5 minutes ago
- Zawya
Scoop Wholefoods brings organic living to every emirate
Dubai, UAE - Scoop Wholefoods, Dubai's go-to destination for organic, sustainable, and nutrient-rich foods, is delighted to announce the expansion of its delivery service to cover the entire UAE. Following the successful launch of its e-commerce platform and Dubai-wide delivery earlier this year, Scoop is now bringing its full range of organic foods and eco-friendly lifestyle products to households across all Emirates. Scoop Wholefoods was founded by Google colleagues and friends, Iryna Nestsiarovich and Viktoria Pilinko, who share a vision of making sustainable shopping simple, inspiring, and accessible. What started as a single store in The Springs Souk, Dubai, has grown into a movement championing conscious living, zero-waste practices, and wellness without compromise. The expansion into UAE-wide delivery marks an important milestone in the brand's mission to make healthy, sustainable choices available to everyone. 'At Scoop, we believe healthy eating should be simple and available to all - no matter where in the UAE they live. Launching our e-commerce site was the first step, then expanding delivery across Dubai, and now we are so proud to be able to reach people throughout the entire country,' said co-founder Iryna Nestsiarovich. 'We've always dreamed of making Scoop more than just a store - it's about inspiring a lifestyle rooted in conscious choices. With UAE-wide delivery, we are thrilled to bring our refill culture, organic foods, and eco-friendly products straight to homes across all seven Emirates,' added co-founder Viktoria Pilinko. Scoop Wholefoods offers a wide selection of organic pantry staples, premium chocolates and snacks, gut-friendly fermented foods, natural beauty and wellness products, and eco-friendly household essentials, all packaged plastic-free with bulk-buy options available. With the launch of its e-commerce site and the expansion of its delivery service across the UAE, Scoop is making it easier than ever for everyone to live sustainably while enjoying high-quality, nourishing products. Customers can now explore and shop the full collection at and for more information, visit Scoop Wholefoods located in the Springs Souk or follow @scoopwholefoods_ae on Instagram. PR Contact: Gemma L'Appanna Founder and CEO, L'Atelier Consulting Email: gemma@