Archive
Abu Dhabi Investment Office Invests in new Batch of Innovation and Fintech Startups
The Abu Dhabi Investment Office (ADIO) announced AED 60 million of investment in the latest batch of startups and fund managers applying to its Ventures Fund. The recipients, Securrency, TruKKer, Sarwa, YACOB and Okadoc, are innovation-focused companies that are either
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Dubai Financial Centre Launches Seamless Digital Onboarding Platform
Dubai International Financial Centre (DIFC) announced the enhancement of its digital onboarding platform. In line with the DIFC’s continued emphasis on improving the ease of doing business, the new fully integrated digital platform offers a simplified onboarding process and enhanced
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UAE Sees Rapidly Expanding Blockchain Ecosystem
The blockchain ecosystem in the United Arab Emirates (UAE) is home to more than 120 blockchain companies and 40 government entities covering 200-plus initiatives, according to a new whitepaper by the World Economic Forum (WEF) produced in collaboration with the
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A Crypto Valley Collaboration in Dubai to Boost the Blockchain Ecosystem
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – announced its strategic partnership with CV Labs in Switzerland, to launch Crypto Valley – the world’s largest ecosystem for cryptographic, blockchain and
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Fintech Startupbootcamp Dubai Selects 10 Startups For 2020
Startupbootcamp FinTech Dubai just announced the ten startups selected for their second cohort. The accelerator program launched its first cohort in 2018 and it is backed by UAE’s FinTech leaders, Dubai International Financial Centre (DIFC), HSBC, Visa and Mashreq Bank.
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Report Highlights Bahrain’s Progress Toward Becoming a Tech and Innovation Hub
Through careful planning and bold regulatory reforms, the Kingdom of Bahrain is poised to become a major hub for finance, technology, and innovation, according to a new report released by the Milken Institute. However, Bahrain needs to continue its efforts
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Accelerating the Innovation of Business
Forbes and the WSJ have both stated that every company, whether by choice or not, is now a technology company. Think about it, if you will. Over the recent years fundamental changes in how business operates have moved technology from
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Top 21 Upcoming Fintech Events in the Middle East in 2020
Fintech is one of the hottest industries in the Middle East and North Africa (MENA). Since 2015, a total of US$237 million has been invested in MENA’s fintech startups through 181 deals, representing 7% of the total MENA startup funding
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Dubai’s Future District Is Dedicated to the New Economy
Vice President, Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum announced during the second Dubai Council’s meeting, that a new district under the name of ‘Dubai Future District’ dedicated to the
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Saudi Arabia Drafts Regulation For The Provision Of Payment Services
The Saudi Arabian Monetary Authority “SAMA” announces the launch of a Draft Regulation governing the Provision of Payment Services in the Kingdom, inviting the public and those interested – in furtherance of the principle of transparency and participation – to
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