Dubai

Etisalat Digital Shortlists 6 Global Companies For Dubai Future Accelerators Program

Etisalat Digital announced the shortlisted scale-ups to foster digital innovation and entrepreneurship and to bring new solutions to the market as part of ‘Dubai Future Accelerators Program,’ the world’s largest government-supported accelerator. The program pairs top scale-ups from across global

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Blockchain Spending in the Middle East & Africa to More than Double in 2018

Spending on blockchain solutions in the Middle East and Africa (MEA) is set to more than double this year, according to the latest insights from International Data Corporation. The global technology research and consulting firm’s recently launched Worldwide Semiannual Blockchain Spending

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Crowdfunding And Peer-To-Peer Lending In The UAE

In the United Arab Emirates (UAE), peer-to-peer (P2P) lending has emerged as a way to support local small and medium-sized businesses (SMEs), many of which have been rejected by conventional banks. According to data from Khalifa Fund, approximately 50-70% of

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Fintech UAE Startup Report and Map

The United Arab Emirates (UAE) is poised to become a fintech nexus in the Middle East, aided by government agencies and regulators working together to turn the country into a global fintech powerhouse, according to a new report. These are

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Dubai and Australia Seal Agreement on Fintech Cooperation

The Dubai Financial Services Authority (‘DFSA’) and ASIC today signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction. The DFSA regulates the Dubai International Financial Centre (‘DIFC’). Dubai has recently set up

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8 Upcoming Fintech Events in Dubai and Abu Dhabi

The United Arab Emirates (UAE), and the Dubai government in particular, are home to a nascent fintech sector, driven by the government’s ambition to position itself as a center for innovation. “A lot of effort has been made … to

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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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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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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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