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DIFC Launches Scheme To Fast Track Fintech Startups
The Dubai International Financial Centre (DIFC) will establish a commercial licensing scheme for fintech firms based in the Middle East, Africa and South Asia (MEASA) it was announced recently. The scheme will provide short term, cost-effective licensing for fintech, regtech
Read MoreFintech In MENA: All You Need To Know
The startup economy in the Middle East and North African (MENA) region continues to grow this year. In the first six months of 2018, it registered a record number of transactions with 141 investments, a 12% increase over the corresponding period. One
Read MoreWorld’s First Court on the Blockchain in Dubai
The Dubai International Financial Centre (DIFC) Courts have partnered with Smart Dubai to create the world’s first Court of the Blockchain. Building on existing dispute resolution services, the alliance will initially explore how to aid verification of court judgments for cross-border enforcement. The partnership
Read MoreNational Bank of Bahrain Announces Digital Transformation Strategy
NBB announced details of the Bank’s strategy for its digital transformation, which centres on better meeting the fast-evolving needs of customers and modernising every aspect of its banking experience through the strengthening of its digital capabilities. Comprised of several important components,
Read MoreAl Hilal Bank Partners with ADGM in a Push to Develop Digital Banking and Blockchain
Abu Dhabi-based Al Hilal Bank will partner with the international financial centre, Abu Dhabi Global Market (ADGM) to promote the growth and development of fintech and Islamic Finance across the UAE. Fintech solutions spanning mobile and e-banking, digital value-added services, blockchain, APIs, and automation
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