Archive

United Arab Emirates: Scrutinizing ICOs Regulations

Not only United Arab Emirates (UAE) have beeen recently scrutinizing this new financing mechanism, but they have as well recognized sold tokens as securities. Will this further step be the right one for the cryptosphere based in these new dynamic

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Meet The 10 Startups Accepted into ADGM’s RegLab

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has approved its third batch of Regulatory Laboratory (RegLab) participants in its bespoke regulatory framework. RegLab allows successful applicants to test their products according to regulatory requirements tailored

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Abu Dhabi Joins Regulators of the World in Launching Their Own Fintech Sandbox

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced an initiative to launch a FinTech digital sandbox. The digital sandbox allows financial institutions (FIs) and FinTech innovators to come together to experiment on products and solutions

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3 Key Initiatives Announced During Fintech Abu Dhabi 2018 That Will Boost Fintech in Abu Dhabi

Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre in Abu Dhabi, today successfully launched its second edition of FinTech Abu Dhabi Summit under the patronage of His Highness Sheikh Hazza Bin Zayed Al Nahyan. At the FinTech Abu

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622 Mil Transactions Later, A15 Sells Tpay to Africa’s Helios

Egypt’s A15 has just announced that they’re exiting UAE-based Tpay today, selling off its majority stake to Helios from Africa. Now collectively holding 24% of the stake, A15 along with the current executive team will continue to lead the implementation

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Real Estate Crowdfunding: Smart Crowd Completes Second Round

Following its success with July with its maiden investment round, Smart Crowd, is celebrating the completion its second investment opportunity in just three days. Smart Crowd is a Dubai based real-estate crowdfunding platform which allows fractional ownership of properties. This form

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Saudi’s Oldest Bank Embraces Ripple’s Blockchain

Following Ripple’s recent pilot with the Saudi Arabian Monetary Authority, the National Commercial Bank (NCB) has joined RippleNet. NCB was the first bank established in the country; today, it’s one of the largest financial institutions in the Middle East with more than 5.4

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300 Participated in Fintech Abu Dhabi’s First Dedicated Bootcamp Day for Startups

Abu Dhabi Global Market (ADGM), the Financial Centre in Abu Dhabi hosted its first ever Bootcamp Day as part of annual Fintech Abu Dhabi 2018. The event was held under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice

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First a Digital Bank, Now Mashreq Incorporates Artificial Intelligence

Mashreq Bank has begun implementing artificial intelligence, machine learning, and cognitive capabilities into its daily banking operations by buying into Virtusa Corporation’s Blue Prism Digital Workforce program. The UK-based software provides enterprise-level robotic process automation  that eliminates manual data entry

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Fintech Startups Get Opportunity to Work with ADCB in Sept’s Innovation Challenge

Abu Dhabi Commercial Bank (ADCB) has been appointed as the corporate champion of the upcoming Innovation Challenge 2018 that will be held in September. This means that the bank will be bringing their corporate know-how to the table to collaborate

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