Abu Dhabi
Mubadala Puts US$1 Bil into Abu Dhabi’s Financial Center to Court Top Guns into MENA
Abu Dhabi Global Market (ADGM) announced a Mubadala Investment Company-backed fund geared towards growing the financial ecosystem in Abu Dhabi. The new fund, called the Abu Dhabi Catalyst Partners, will be based in ADGM, the financial center of Abu Dhabi.
Read More
Smart Crowd Signs Deal with Abu Dhabi Government to Grow Property Crowdfunding
Smart Crowd, an investment platform for buying and selling shares in property, is now working with the Department of Urban Planning and Municipalities to bring property crowdfunding to a bigger scale in the kingdom. Smart Crowd is a crowdfunding platform
Read More
Meet The 9 Startups Joining ADGM & Plug and Play’s Second Fintech Accelerator
Plug and Play, with Abu Dhabi Global Market (ADGM) have kicked off their second fintech accelerator and innovation program geared towards the Middle East market. For this year’s iteration, nine fintech startups from across the globe have been selected to
Read More
Abu Dhabi’s Fintechs Joining This New Tech Hub Could Get a Cut from AED535 Mil Fund
The Abu Dhabi Executive Office just launched Hub71—a tech ecosystem bringing together the world’s tech investors and companies to achieve the Emirate’s goal of cultivating a vibrant tech startup system. The hub was designed for the government of Abu Dhabi’s
Read More
UAE Leads the Digital Banking Scene in Middle East
A combination of changing consumer preferences, competition from fintech startups and changing regulations have been forcing banks around the world to develop their digital capabilities. In the Middle East and North Africa (MENA) region, banks are quickly rising to the
Read More
Abu Dhabi’s Mubadala Makes its First Investment from Their US$ 400 Million European Fund
Abu Dhabi owned Mubadala Investment Company’s venture arm has successfully completed its first investment of their US$ 400 Million European Fund into Berlin based insurtech startup WeFox. Mubadala was the lead investor in WeFox’s series B round which raised US$
Read More
ADGM Opens 4th Reglab Cohort Focusing On API Economy and Sustainable Finance
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to welcome applications for its fourth cohort of Regulatory Laboratory (RegLab), with dual themes of “API economy” and “Sustainable Finance” API Economy Technological advances provide vast
Read More
Abu Dhabi Commercial Bank Integrates Personal Finance Management App
ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands’ technology. The MoneyBuddy app helps ADCB customers understand and manage their finances in a smarter and more independent way. Abu Dhabi Commercial Bank
Read More
Abu Dhabi Invites Fintechs Aiming to Scale Globally to Apply for Their Sandbox
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is rallying FinTech and innovative firms who are ready to test their innovative financial solutions, services or business models across more than one country or jurisdiction to apply
Read More
“Aber” Project, The Common Digital Currency Between SAMA and UAECB
The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) clarified in a joint statement that one of the objectives of launching the common digital currency project ” Aber” is for use in financial settlements between the
Read More