Posts From Fintechnews Middle East

Abu Dhabi Global Market Sets Out Guidance On Initial Coin Offerings And Virtual Currencies

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out in Guidance its approach to Initial Coin/Token Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). Distributed Ledger Technology (DLT) has

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Financial And Fintech Industry Gets Ready As Inaugural Fintech Abu Dhabi Event Kicks Off In 6 Days

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is gearing up for its inaugural global FinTech Abu Dhabi event which will be taking place in just ten more days on 22 to 23 October 2017. The

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ICT Experts To Explore Saudi Arabia’s Digital Transformation Landscape

International Data Corporation’s annual IT Forum roadshow continues to grow from strength to strength, with the global technology events, research, and consulting firm preparing to host two editions in Saudi Arabia next month. Running under the theme ‘Innovate, Disrupt, and

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Fintech-Hub Abu Dhabi Attracts 166 Global Startup Applications For Its Innovation Challenge

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced that it had received 166 applications from over 39 countries for its inaugural FinTech Abu Dhabi Innovation Challenge. The impressive global participation was achieved in under two

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UAE – Creating a FinTech Eco-System – That Matters

The wave of startups , new technology and disruptive models has shaken the best in the business and made its importance felt, as consumers today have fast adapted to them. Going back to the basics – the majority we are

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Fintech in Iran: An Overview

Fintech is gaining steam in Iran as the country’s central bank, financial institutions and government agencies are taking steps to make Tehran a regional hub for financial innovation. This comes as part of the Iran Vision 2025, which seeks to turn Iran

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Fintech in Qatar and Bahrain

While places like the US, the UK and China have long been leaders in digital finance, new fintech companies are starting to pop up in unexpected locations such as Poland, Slovakia, as well as the Middle East, underscoring fintech’s global

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UAE Poised To Become The Fintech Nexus In MENA

In financial centers around the world, fintech has attracted large amounts of investment and attention from the private and public sectors as banks seek to maintain their competitive edge amid growing competition from new entrants, and governments aim to position

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Saudi Arabia and Japan’s SoftBank Launch World’s Largest Tech Fund

An investment group that includes Japan’s SoftBank and Saudi Arabia’s main sovereign wealth fund, has announced a major close with over US$93 billion of committed capital for the tech-focused SoftBank Vision Fund. The fund, which is targeting a total of US$100 billion

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First Digital Bank Launched in Dubai

The Commercial Bank of Dubai (CBD), announced late in November that it is launching “CBD Now”, Dubai’s first digital-only bank. They aim to target millennials and digitally connected customers early in 2017. Peter Baltussen, CEO of Commercial Bank of Dubai

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