Abu Dhabi
UAE Central Bank Launches 9 New Key Digital Finance Initiatives
The Central Bank of the UAE (CBUAE) launched yesterday it’s Financial Infrastructure Transformation Programme to accelerate the digital transformation in the financial services sector as part of a wider strategy aimed at enabling the CBUAE to be among the top
Read More2022 in Review: Key Fintech Initiatives and Developments in the UAE
Over the past years, the United Arab Emirates (UAE) has emerged as a leading fintech hub in the Middle East and North African (MENA) region, a position it has secured thanks to its innovation-enabling regulatory environment, government support as well
Read MoreCentral Bank of UAE Plans New Instant Payment Platform
His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), chaired a meeting with the UAE banking sector CEOs and representatives of Foreign Exchange and Remittance Group in the UAE. The meeting highlighted the financial sector
Read MoreEtisalat Partners With Abu Dhabi Global Market to Digitally Enable Startups and Businesses
Etisalat UAE, branded etisalat by e&, has partnered with Abu Dhabi Global Market (ADGM), the capital’s financial centre, to provide digital solutions and products to all new tenants and startups, accelerating its digital transformation journey and vision to deliver the
Read MoreIFZA Free Zone Partners With Wio Bank to Provide Digital Banking Services
IFZA Dubai, an UAE international Free Zone, has entered into a partnership agreement with Wio Bank, the region’s first platform bank, to provide IFZA Free Zone companies with quick and convenient access to digital banking services and financial solutions. Through
Read MoreUAE Consumers Share Interest in Embedded Finance
Embedded finance is a booming trend that’s rising all over the world, a phenomenon that’s only expected to increase moving forward as consumer demand for financial services to be delivered at their point of need in an easy and quick
Read MoreThe UAE’s Fast-Expanding Crypto, Blockchain Ecosystem Now Comprises 1400+ Stakeholders
The United Arab Emirates (UAE) has one of the fastest-growing cryptocurrency ecosystems in the world, home today to over 1,400 industry stakeholders comprising startups, professional services firms, academia and government offices that employ more than 7,000 people, a new report
Read MoreBahrain, UAE and Saudi Arabia Recognized as Open Banking Leaders in the GCC
In the Gulf Cooperation Council (GCC), the open banking phenomenon is evolving at a rapid pace. Across the region, regulators are embracing the imperative aggressively, having acknowledged the potential of data sharing to improve customer experience and increase financial inclusiveness.
Read MoreFinancial Innovation in Transferring Money From UAE & Holding Dirhams
Historically, the United Arab Emirates has seen significantly less financial innovation than the west. In part because most of the leading companies worldwide are based in the US and London, two countries that have a closer relationship with each other
Read MoreUAE’s AUM Ventures Launches US$30M Fund to Invest in Indian Startups
UAE venture capital firm AUM Ventures has launched its first US$30 million fund that aims to invest in early and pre-growth stage tech and consumer-focused Indian startups. The fund, which is regulated by the Abu Dhabi Global Market (ADGM), was
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