Abu Dhabi

Emirates NBD Collaborates With Microsoft on Sustainability, Web 3.0

UAE banking group Emirates NBD and Microsoft announced that they will collaborate on areas such as the hybrid workplace, low code, Web 3.0, sustainability, and employee wellbeing. The announcement, which was made at GITEX Global 2022, follows the bank’s recent

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Hub71, GetFundedAfrica to Help Startups with Expansion Plans and Raise Funds

Abu Dhabi’s tech hub Hub71 has partnered with Nigerian platform GetFundedAfrica, a marketplace that matches startups seeking funding with investors, corporations and government. The partnership aims to provide a soft landing for Hub71 startups looking to expand into Africa, and

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Venom Foundation Is the First ADGM-Licensed Crypto Foundation

Venom Foundation is the first crypto foundation to be granted a license to operate a blockchain and issue utility tokens in the Abu Dhabi Global Market (ADGM). The foundation’s aim is to develop and support a self-sufficient blockchain ecosystem to

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OneConnect Establishes Regional Office in ADGM to Offer Digital Banking Solutions

Chinese financial technology company OneConnect has launched a regional operations hub in the Abu Dhabi Global Market (ADGM) to introduce its digital banking solutions. OneConnect and the ADGM previously worked together on the ADGM Digital Lab, a marketplace and industry sandbox

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Here Are the Top 5 Fintech Startups in the Middle East on LinkedIn in 2022

Five fintech companies made LinkedIn’s second annual top startups list featuring 10 companies in the UAE that it says is gaining attention. The ranking was produced using LinkedIn data in four areas: employee growth, jobseeker interest, employee engagement, and their

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Abu Dhabi’s ADQ Launches US$200M Fund for Early Stage Startups

Abu Dhabi sovereign wealth fund ADQ has launched a new venture capital firm called Further Ventures, serving as the anchor investor in its first US$200 million fund. Further Ventures describes itself as a venture building and investment firm that invests

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eToro Gets ADGM’s In-Principle Approval to Operate as an Investment Broker

Israeli social investing platform eToro has received an in-principle approval from the Abu Dhabi Global Market (ADGM) to operate as a securities, derivatives and crypto broker in Abu Dhabi. The company expects to subsequently obtain a Financial Services Permission from

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Verity Launches Family Banking App, Visa Debit Card for Kids and Teens

Verity has launched its family banking and financial literacy app, with a prepaid Visa card to enable children from the age of eight to start building their personal finance skills in a real-life environment. The platform allows parents to control

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Klickl Gets ADGM Approval to Operate as a Crypto Broker-Dealer and Custody Provider

Klickl is the latest cryptocurrency platform to receive the in-principle approval (IPA) of the Financial Services Permission (FSP) from Abu Dhabi Global Market (ADGM). The IPA allows the company to operate as a broker-dealer and provide digital asset custody services

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Digital Banking Adoption Soars in the UAE

In the United Arab Emirates (UAE), rapid digital adoption brought about the COVID-19 pandemic has accelerated the continued interest in digital banking solutions, prompting mass adoption of neobanking services as a way to access funds, make transactions and manage personal

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