Archive
Dubai International Financial Centre is Launching a New Business Stimulus Initiative
In these unprecedented times, I write to reassure you that the wellbeing of our community continues to be our highest priority. In alignment with the UAE Ministry of Health & Prevention (MoHAP), the Dubai Health Authority (DHA) and the World
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Bill and Melinda Gates Foundation Donates US$1.5 M to Strengthen Cybersecurity in Africa and Asia
CREST, the not-for-profit accreditation and certification body for the technical security industry, has received a grant of $1.4 million from the Bill & Melinda Gates Foundation to help increase cyber security capacity in Nigeria, Uganda, Tanzania, Kenya, Ethiopia, Pakistan, Bangladesh
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Travelex Wins Tender For Multi-Year Contract At New Bahrain International Airport
Travelex, a Finablr company and market leading Foreign Exchange specialist, has extended its relationship with Bahrain International Airport (BIA) operating multiple outlets at the new Passenger Terminal Building. Travelex has signed a five-year contract with Bahrain Airport Company, successfully winning a tender
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A QR-based National Payment System for Saudi Arabia
To enhance the electronic payment throughout Saudi Arabia and reduce the dependence on cash, High-tech Payment Systems (HPS) has been appointed by Saudi Payments, a fully owned subsidiary of Saudi Arabia Monetary Authority (SAMA), to provide a unified QR code
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Dubai International Financial Centre Reports Record Growth in 2019
Dubai International Financial Centre (DIFC), the international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced a record growth in 2019. The total number of firms in the Centre reached 2,437, up 14% from 2018, with
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University of Dubai and Krypto Labs Launch an Innovation Hub for Future Startups
The University of Dubai and Krypto Labs have announced the launch of an innovation hub open for students, alumni, professors, and the community to develop their entrepreneurial skills and catalyze the growth of startups from within the university campus. The
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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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