Abu Dhabi
BIOS Middle East Taps VMware for UAE and Saudi Customers
BIOS Middle East, provider of cloud and managed IT services for enterprises, announced that it will offer VMware’s SD-WAN to customers in the UAE and Saudi Arabia. BIOS said it would be the first cloud provider to launch VMware SD-WAN
Read MoreHPD LendScape, Emirates Development Bank Unveil National Supply Chain Finance Platform
HPD LendScape, a lending platform vendor, has partnered with Emirates Development Bank (EDB) to launch UAE’s National Supply Chain Finance (SCF) platform. This gives UAE businesses improved access to working capital, particularly as they cope with the added pressures of
Read MoreAbu Dhabi Global Market Appoints New CEO
Abu Dhabi Global Market (ADGM) announced that Emmanuel Givanakis, will take on the new position as Chief Executive Officer of ADGM’s Financial Services Regulatory Authority (FSRA) in April 2021. Mr. Givanakis, said to be a key driver in the establishment
Read MoreStartupbootcamp and DIFC’s Fintech Hive to Rollout Virtual Accelerator Named ASPIRE
Startupbootcamp has partnered with Dubai International Financial Centre’s (DIFC) FinTech Hive to rollout a virtual accelerator called ASPIRE. The virtual accelerator will be focused on enabling corporates to empower their departing talent to build their own startups. In the next
Read MoreAbu Dhabi Free Zone: Digital Bank Licensing Gains International Interest
Several firms from the United Arab Emirates (UAE), the broader Middle Eastern region, and Asia-Pacific, are looking to establish digital banks in Abu Dhabi’s financial free zone, said Richard Teng, chief executive of the Financial Services Regulatory Authority (FSRA), the
Read MoreAbu Dhabi Islamic Bank Partners With UAE’s Ministry of Finance for eDirham Cards
Abu Dhabi Islamic Bank (ADIB) announced that it had partnered with UAE’s Ministry of Finance (MoF) to offer a range of third-generation eDirham cards for cashless payment services. eDirham cards offer a smart payment method accepted by more than 5,000
Read MoreVisa Study Shows Significant Shift to Digital Commerce Amid COVID-19
Visa published its global Back to Business study assessing the shift to digital commerce in response to the pandemic, driven largely by changing consumer expectations for a safe and contactless payment method. As small and micro businesses (SMBs) continue to
Read MoreUnionPay and Network International Introduces a COVID-Safe Drive-In Cinema Experience
Merchant clients of Network International, an enabler of digital commerce in the Middle East and Africa, supported by globally-recognised bankcard scheme, UnionPay International (UPI) partnered for a drive-in cinema experience at the Mall of the Emirates rooftop. For UPI and
Read MoreDEX Secures Regulatory Approval in the Abu Dhabi Global Market from the FSRA
DEX, a global digital assets marketplace headquartered in Abu Dhabi, has secured a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) in the United Arab Emirates (UAE). The FSP authorizes
Read MoreUAE Central Bank and ADGM Invite Fintech Applications for the 2020 Innovation Challenge
The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM), are pleased to invite applications from local and international FinTechs to participate in the 2020 edition of the FinTech Abu Dhabi Innovation Challenge. The Innovation Challenge is one of
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