Tokenisation and Digital Sukuk Poised to Transform GCC Capital Markets

Digital transformation is accelerating across GCC capital markets, with tokenised sukuk, smart sukuk platforms, and blockchain-based settlement gaining momentum. Fitch says adoption will rise gradually as regulators and Shariah bodies define clear frameworks. Strong market activity, rising fintech participation, and new retail platforms position the GCC to lead the next era of Islamic finance.

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A landscape image representing the partnership between Scalo Technologies and Young Founders School for enhancing entrepreneurship education. The scene

Scalo Technologies Backs Global Initiative for Entrepreneurship Education and Internships

UAE tech venture company Scalo Technologies has partnered with Young Founders School (YFS) to enhance entrepreneurship education and internships for secondary school students globally. The collaboration aims to impact 10,000 students annually by 2026, especially in underserved communities. A Gala Dinner in Singapore on August 31, 2024, will introduce Scalo Technologies and other new partners.

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