Abu Dhabi

Abu 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 More

Startupbootcamp 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 More

Abu 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 More

Abu 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 More

Visa 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 More

UnionPay 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 More

DEX 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 More

UAE 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

Read More

Mamo Pay Is Working With Visa to Deliver the Next Innovation in Payments

Mamo Pay, the MENA region’s highly anticipated peer-to-peer mobile payments app, announced that it has joined Visa’s Fintech Fast Track program, allowing Mamo Pay to reach a wider audience, and benefit from the capabilities, and security of VisaNet, Visa’s global

Read More

Central Bank of UAE and ADGM to Jointly Host and Organise Fintech Abu Dhabi 2020

The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM) will collaborate and jointly host and organise the 4th annual FinTech Abu Dhabi Festival which will be held from 24 to 26 November 2020. Celebrating its fourth edition,

Read More