Dubai

DIFC Launches Scheme To Fast Track Fintech Startups

The Dubai International Financial Centre (DIFC) will establish a commercial licensing scheme for fintech firms based in the Middle East, Africa and South Asia (MEASA) it was announced recently. The scheme will provide short term, cost-effective licensing for fintech, regtech

Read More

World’s First Court on the Blockchain in Dubai

The Dubai International Financial Centre (DIFC) Courts have partnered with Smart Dubai to create the world’s first Court of the Blockchain. Building on existing dispute resolution services, the alliance will initially explore how to aid verification of court judgments for cross-border enforcement. The partnership

Read More

UAE Fintech Accelerator : 300 Applications

FinTech Hive, the first fintech accelerator in the Middle East, Africa and South Asia (MEASA) region, is gearing up to start its 2018 edition in September, in partnership with Accenture. FinTech Hive has received an overwhelming response of over 300

Read More

Dubai Wants to Serve as Regional Digital Financial Inclusion Hub

The UAE is ideally positioned to serve as the ‘beating heart’ of a regional innovation hub; according to a new report published by Oliver Wyman in collaboration with Dubai International Financial Centre . Titled “The Case for an Innovation Hub

Read More

Dubai Holding Invest AED 1 Billion to Launch Next Generation Digital Bank for UAE

Dubai Holding, the global investment holding company, has announced it will invest up to AED 1 billion over the next five years to launch a next-generation digital bank for the UAE, with plans to expand services across the Middle East

Read More

Emirates NBD to Launch EasyHub Integrated Digital Kiosks

Emirates NBD, a leading bank in the Middle East, has partnered with Diebold Nixdorf, a world leader in driving connected commerce, to soon launch Emirates NBD EasyHub, the region’s first integrated digital kiosk that will allow customers to sign up

Read More

The First 100% Digital Account Opening Process to the UAE’s Wealth Space

Sarwa is the first robo wealth advisor in the Middle-East, regulated by the Dubai Financial Services Authority under the Innovation Testing License, a special license designed for Fintech startups to roll-out innovative solutions for the region. Sarwa aims to make

Read More

First Islamic Crowdfunding Platform for Affordable Homes

The world’s first Islamic real estate crowdfunding platform, which is helping to provide affordable housing to vulnerable populations in Indonesia and Malaysia, is to get a major boost from social impact programme Expo Live, run by organisers of the next

Read More

DIFC and Accenture Sign Agreement to Push Innovation and Fintech in Dubai

Dubai International Financial Centre has signed a memorandum of understanding with Accenture  to foster innovation in the financial services industry globally. Under the MoU, FinTech Hive at DIFC — the first financial technology accelerator in the MEASA region will collaborate with Accenture’s

Read More

Blockchain Tech Used First Time for Cheques

Emirates NBD, has become the first bank to successfully go-live at scale with ‘Cheque Chain’, integrating blockchain technology into issued cheques to strengthen their authenticity and minimise potential fraud. Following a successful pilot last year overseen by Emirates NBD Future

Read More