Abu Dhabi
10 Fintech Startup Funds and Support Programs in the UAE
The United Arab Emirates (UAE) has been working towards becoming one of the world’s top ten innovation leaders by 2021. Earlier this year, the UAE government announced that it would provide long-term visas to founders and owners of tech startups
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Abu Dhabi Islamic Bank Joins Trade Finance e-Marketplace
Abu Dhabi Islamic Bank announced that it signed on to be part of TradeAssets, a trade finance e-marketplace headquartered in UAE. By being part of this fintech platform Abu Dhabi Islamic Bank will be able to use TradeAsset to automate
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Abu Dhabi Reviews Crypto Asset Regulation to Include Stablecoins
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced that it has enhanced its “Guidance for the Regulation of Crypto Asset Activities”. This is the second edition to the initial guidance published in June 2018. The
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Dissecting Fintech Opportunities in Middle East and Africa
Dubai’s special economic zone, the Dubai International Financial Centre (DIFC), has released a new report that explores the opportunities related to fintech in the Middle East and African (MEA) region. The report provides recommendations and guidance for fintech firms looking
Read MoreMubadala Puts US$1 Bil into Abu Dhabi’s Financial Center to Court Top Guns into MENA
Abu Dhabi Global Market (ADGM) announced a Mubadala Investment Company-backed fund geared towards growing the financial ecosystem in Abu Dhabi. The new fund, called the Abu Dhabi Catalyst Partners, will be based in ADGM, the financial center of Abu Dhabi.
Read MoreSmart Crowd Signs Deal with Abu Dhabi Government to Grow Property Crowdfunding
Smart Crowd, an investment platform for buying and selling shares in property, is now working with the Department of Urban Planning and Municipalities to bring property crowdfunding to a bigger scale in the kingdom. Smart Crowd is a crowdfunding platform
Read MoreMeet The 9 Startups Joining ADGM & Plug and Play’s Second Fintech Accelerator
Plug and Play, with Abu Dhabi Global Market (ADGM) have kicked off their second fintech accelerator and innovation program geared towards the Middle East market. For this year’s iteration, nine fintech startups from across the globe have been selected to
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Abu Dhabi’s Fintechs Joining This New Tech Hub Could Get a Cut from AED535 Mil Fund
The Abu Dhabi Executive Office just launched Hub71—a tech ecosystem bringing together the world’s tech investors and companies to achieve the Emirate’s goal of cultivating a vibrant tech startup system. The hub was designed for the government of Abu Dhabi’s
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UAE Leads the Digital Banking Scene in Middle East
A combination of changing consumer preferences, competition from fintech startups and changing regulations have been forcing banks around the world to develop their digital capabilities. In the Middle East and North Africa (MENA) region, banks are quickly rising to the
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Abu Dhabi’s Mubadala Makes its First Investment from Their US$ 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$
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