Posts From Company Announcement

National Bank of Fujairah Partners with Ripple for Cross-Border Money Transfers

National Bank of Fujairah PJSC (NBF) announced its partnership with Rippl to enact easy and seamless cross-border payments through the RippleNet platform. Through this blockchain solution, the bank’s customers will now be able to conduct secure and real-time payments with

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DIFC’s Fintech Accelerator Triples its Size

DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, announced the expansion of the business and innovation space within the Centre. The increased physical footprint of DIFC FinTech Hive

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Abu Dhabi Islamic Bank Launches Direct eFX Execution Platform For Businesses

Abu Dhabi Islamic Bank (ADIB) has launched “ADIB Direct eFX”, a new addition to the business-focused digital banking platform providing a simple solution for clients to secure online foreign exchange rates for international transfers and payments. The platform allows clients

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BayanPay Gets Licensed by the Saudi Arabian Monetary Authority

Finablr network brand BayanPay, a Saudi Arabia-based digital payment solutions provider, has been awarded a payment services provider licence by the Saudi Arabian Monetary Authority (SAMA). Following its successful graduation from the SAMA regulatory sandbox, BayanPay will offer digital wallets, e-commerce

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DIFC Partners with Singapore Blockchain Accelerator

Dubai International Financial Centre (DIFC),has reaffirmed its commitment to Asian FinTech partnerships and advancing the Centre’s FinTech ecosystem. DIFC has signed a Memorandum of Understanding (MOU) with Tribe Accelerator, the first Singapore government supported Blockchain accelerator, to collaborate on knowledge

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DIFC and Mashreq Bank Launch Instant Bank Account Opening with the Region’s First KYC Blockchain Platform

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the region’s first blockchain data sharing platform, now live in production, to support licensed businesses and corporates opening digital bank accounts instantly. In continuation of the consortium formed back in July 2019

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Abu Dhabi Updates its Virtual Asset Regulatory Framework

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced the enactment of various amendments to the FSRA’s regulations and rules concerning the authorisation and supervision of virtual asset (previously crypto asset) related activities within ADGM. The

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Over 1,000 Applications for First Artificial Intelligence Masters and PhDs in Abu Dhabi

The Mohamed bin Zayed University of Artificial Intelligence, MBZUAI, the first graduate-level, research-based AI university in the world, held its first official Advisory Board meeting to review ongoing activities as the University gears up to welcome its first class of

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Digital Transformation Initiatives Drive MEA Growth: Crossing the $15 Billion Mark by 2023

Governments across the Middle East and Africa (MEA) spent a combined $12.8 billion on information and communication technologies (ICT) last year, according to the latest findings from International Data Corporation (IDC). The global technology research and consulting firm expects this figure

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Dubai Free Trade Zone Wants to Bring Sugar on the Blockchain

DMCC – the free zone and Government of Dubai Authority on commodities trade and enterprise – has signed a strategic membership agreement with Al Khaleej Sugar and Universa Blockchain that sees DMCC Tradeflow support the development of a new sugar

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