Abu Dhabi
UAE Seeks to Gather Industry Feedback on Crypto Asset Draft Regulations
In line with its tireless efforts to regulate and develop capital markets operating in the United Arab Emirates, the Securities and Commodities Authority (SCA) has recently posted draft regulations concerning crypto assets on its website, www.sca.gov.ae. It, therefore, urges all
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The Innovation Challenge Winners at Fintech Abu Dhabi
Future trends in the FinTech industry and the next generation of startups took centre stage as FinTech Abu Dhabi Festival drew to a close today. Held under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman
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Innovation, Disruption and Global Expansion Takes Centre Stage at Fintech Abu Dhabi
The growth of the FinTech industry and its success in transforming the way we live were top of the agenda today, as the second day of FinTech Abu Dhabi welcomed more than 5,000 local and international delegates. Delegates were told
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918 Million MENA-Focused Tech Investment Funds Announced
Global investors are increasingly looking to the Middle East and North Africa for the next unicorn and high return investments, delegates in Abu Dhabi heard as the third edition of FinTech Abu Dhabi opened with the Investor Forum. More than
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Abu Dhabi Launches Blockchain Solution for Land Registry
Tech Mahindra has announced a partnership with the Department of Urban Planning and Municipalities (DPM) to launch a Blockchain solution for Land Registry using SmartHub Application. The solution will enhance citizen services by increasing transparency and traceability of records, security,
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5 Key Areas For UAE’s Bank to Keep Pace with Fintech
Analysis conducted by Bloomberg Intelligence based on a roundtable discussion with Dubai Islamic Economy Development Centre (DIEDC) found that banks in the United Arab Emirates need to streamline their core banking processes before engaging with fintech players. The analysis highlights
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Abu Dhabi Islamic Bank Starts with Samsung Pay for Visa Covered Cardholders
Abu Dhabi Islamic Bank (ADIB) has announced the launch of Samsung Pay, the mobile payment and digital wallet service for Samsung devices, for its Visa covered cardholders. Samsung Pay is the first mobile wallet system to be adopted by ADIB.
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UAE’s First Digital Business Bank Unveiled
Emirates NBD, a leading banking group in the region, announced that it has created E20., the UAE’s first digital business bank for entrepreneurs and SME businesses. E20. will enable start-ups, sole proprietors, freelancers, gig economy workers, fintechs and insurtechs and
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Bahrain and UAE Leads Middle East’s Fintech Scene, Study Finds
In the Middle East, Bahrain and the United Arab Emirates (UAE) have emerged as fintech leaders, thanks to the supportive ecosystems these have managed to develop for fintech development. At the same time, their leadership positions are not guaranteed going
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Regional Bank Launches a Supply Chain and Trade Finance Online Tool
Emirates NBD, one of the leading banks in the region, has launched smartTRADE, a new portal catering to supply chain and trade finance customers, as part of the bank’s smartBUSINESS channel. The enhancement is part of Emirates NBD’s ongoing AED
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