Abu Dhabi

Top 5 Ranked Arab Countries in Fintech- New Arab Monetary Fund Index

The Arab Monetary Fund launched the Index of Modern Financial Technologies in the Arab countries called the FinxAr. The index sheds light on the developments in the financial technology industry and digital financial services in the Arab countries during the

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Dubai Crypto Firm BitOasis Secures Regulatory Approvals from ADGM

BitOasis, a digital asset trading exchange and platform in Dubai, announced that it has been granted a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). The firm said that it

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Blockchain-Based Digital Trade Platform UTC Goes Live With 7 UAE Banks

UAE Trade Connect (UTC), a new nationwide blockchain platform co-created by Etisalat Digital and seven UAE banks and Avanza Innovations and initially ideated by First Abu Dhabi Bank, has gone live. This platform invites all UAE banks and the supply

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Abu Dhabi Financial Regulator Sets up ADGM Authority

The Board of Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, has approved the establishment of the ADGM Authority. This newly constituted authority will be led by Mark Nicholas Cutis as its Chief Executive Officer, who

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Irish Regtech Startup DX Compliance Expands Footprint to the UAE

Irish regtech startup DX Compliance has launched its operations in the Middle East from its new base in Abu Dhabi, UAE. DX Compliance’s operations have now expanded into five international markets. Working with banks and fintech companies, DX Compliance builds

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ADGM Rolls Out New Regulatory Framework for Third Party Financial Technology Services

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has introduced a new regulatory framework for the authorisation and supervision of fintech firms providing third party services to customers of financial institutions. Third Party Providers (TPPs) are

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How to Buy Cryptocurrencies in the UAE

The cryptocurrency market has had a wild year. Market capitalization jumped 750% between January 2020 and February 2021 to reach an all-time high of US$1.7 trillion. In this timeframe, the price of bitcoin surged more than 600% to surpass 57,000

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ADGM Partners UAE University to Launch Startup Accelerator Hub

The Abu Dhabi Global Market‘s Registration Authority (ADGM RA) and United Arab Emirates University (UAEU) represented by UAEU Science and Innovation Park (UAEU SIP) will collaborate to develop the UAE’s entrepreneurial ecosystem. ADGM RA and UAEU SIP entered into a

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Abu Dhabi Global Market Enacts Its Electronic Transactions Framework

Abu Dhabi Global Market (ADGM) announced that it has enacted the Electronic Transactions Regulations 2021. The objective of these regulations is to confirm that electronic signatures, contracts, records and documents are legally enforceable in ADGM as the traditional non-electronic versions.

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UAE’s LetsTango.com Inks e-Commerce Deal With Aramex to Sell Thai Products

UAE’s e-commerce retailer LetsTango.com and Aramex, a global provider of comprehensive logistics and transportation solutions, have partnered to fuel cross-border e-commerce in the region by marketing Thailand products. According to the partnership, LetsTango.com will add to its brand roster an

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