Abu Dhabi

6 Proptech Startups in UAE to Watch Out for

The United Arab Emirates (UAE)’s real estate industry is witnessing a major digital shift, fueled by so-called proptech innovation that are using digital platforms and applying artificial intelligence (AI), big data analytics, cloud computing and other technologies to optimize operations

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Swiss SEBA Bank Secures Financial Services Permission From Abu Dhabi Global Market

SEBA Bank, a fully integrated, Swiss FINMA licensed digital assets banking platform, announced that it has secured a Financial Services Permission (FSP) from Abu Dhabi Global Market (ADGM)’s Financial Services Regulatory Authority (FSRA) effective as of 07 February 2022. Following

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Go Digital in UAE and Squeeze the Best Benefits From Your Online Banking

The tech revolution is alive and well in the UAE with more than 90% of the population using digital banking. That means millions of people across the nation are using smartphones and mobile banking apps to open new accounts and

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Etisalat: A New Digital Banking Platform for the UAE

ADQ, an Abu Dhabi-based investment and holding company announced the Central Bank of the UAE has granted an in-principle approval to launch a new digital banking platform, which will be called Wio. With its headquarters in Abu Dhabi, Wio will

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Accenture to Lead UAE National Instant Payment Platform Consortium

Accenture has been selected by the Central Bank of the UAE (CBUAE) to lead a consortium of companies to help execute its National Payment Systems Strategy. In collaboration with SIA, now part of Nexi Group, and G42, Accenture will build

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UAE SMEs, Consumers Embrace Cashless Payments at Fast Pace

In the United Arab Emirates (UAE), digital payments and cashless transactions are becoming the new norm as both consumers and small and medium-sized enterprises (SMEs) continue to actively embrace these solutions. A new research study by Visa found that compared

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Fintech Digest: Mubadala Remains Optimistic About Crypto Investments

Abu Dhabi’s sovereign wealth fund Mubadala has made investments in the crypto ecosystem amidst its growing value, Reuters reported. “This is a business that had, what $200 billion worth of crypto value two years ago, and it’s two and a

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UAE’s Lnddo Partners With Mambu for Cloud-Native SME Solutions

UAE-based lending platform Lnddo has partnered with global SaaS cloud banking platform Mambu to develop a scalable digital lending solution for SMEs. According to a statement, Lnddo’s short-term working capital finance offerings will be enhanced with new features in the

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Watch Out for These 7 Homegrown Robo-Advisory Platforms in the Middle East

Robo-advisory platforms in the Middle East are quickly taking off, with a number of local players having recently joined the onrush. Robo-advisory platforms provide users with financial advice and portfolio management solutions through algorithms. These algorithms churn user data and

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Regulating Virtual Assets: Practical Implementation and Adoption

Abu Dhabi Global Market guides the virtual asset industry with the world’s first fully comprehensive regulatory framework, ushering in a period of dramatic economic growth and unlocking endless opportunities for innovation. Traditional finance and the virtual asset economy have become

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