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News from all over the world
Dubai’s DIFC Launches AI and Web3 Corporate Accelerator
The Dubai AI and Web3 Campus has launched an Artificial Intelligence Transformation Programme, a highly customisable sector agnostic corporate accelerator, to help future-proof businesses in the Region by enhancing their Artificial Intelligence capabilities. Designed for businesses of all sizes, the
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UAE’s Zest Equity Raises USD 3.8M Seed Round to Digitize Private Market Transactions
Zest Equity, a venture-backed technology company offering digital infrastructure for private market transactions, has closed a $3.8 million seed round. The Hub71 startup will use these funds to drive the company’s ambition to expand its product offering in the MENA
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Witness Android Flagship Arrival with SUNMI During GITEX 2023
SUNMI, a leading Internet of Things company, will introduce its latest 3rd Gen New Product during GITEX in Dubai on 16-20 October 2023 at Booth Hall1 E70. Flagship products to be displayed The show will present 5 flagship new
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Turkey’s Akbank Teams With Personetics To Create Banking IQ
Burcu Küçükünal, the Digital, Design and Innovation SVP at one one of Turkey’s most prominent private banks, Akbank, recently discussed her team’s aim to introduce a mobile app as a dependable financial counselor for their clientele, enhancing customer involvement with
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Emirates NBD Launches New Digital Wealth Offering
Emirates NBD has launched a digital wealth platform that allows customers to trade securities and ETFs on both global exchanges such as, Nasdaq, NYSE, and London Stock Exchange and local markets such as, Dubai Financial Market, Abu Dhabi Securities Exchange,
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25 Upcoming Fintech Events in Middle East Q4 2023/ Q1 2024
Fintech is growing rapidly in the Middle East, driven by a dynamic fundraising landscape, favorable demographic factors and supportive governments betting on technology and digital platforms to improve financial access. An estimated 3,000 fintech solutions are currently operating across the Middle
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Salt Edge Partners with SeaPay to Offer Open Banking Solutions in Saudi Arabia
In a significant move towards advancing digital technology and open banking in the Kingdom of Saudi Arabia, SeaPay, a leading Omni-Channel Payment Solutions provider, has announced a strategic partnership with Salt Edge, a renowned financial technology company. This collaboration aims
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Dubai Islamic Bank Enters Turkish Digital Banking via Equity Investment in T.O.M. Group
Dubai Islamic Bank (DIB) will become a shareholder in T.O.M. Group of Companies, which was established by Aydın Group shareholders. DIB, one of the largest banking groups in the United Arab Emirates, will become a significant minority shareholder in T.O.M.
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Report: 67% of UAE Crypto Transactions Driven by Institutional Investment
Chainalysis, the blockchain data platform, unveiled the Middle East and North Africa (MENA) findings of its 4th annual Geography of Cryptocurrency Report, providing comprehensive insight into the actual state of crypto markets and cryptocurrency utilisation across the world. This report
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Nomura’s Digital Asset Subsidary Receives In-Principal Approval From Abu Dhabi Global Market
Laser Digital, Nomura’s digital asset subsidiary, announces that it has been granted In-Principal Approval (IPA) by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), with formal regulatory licensing subject to the fulfilment of a number of
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