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Abu Dhabi Global Market Appoints New CEO

Abu Dhabi Global Market (ADGM) announced that Emmanuel Givanakis, will take on the new position as Chief Executive Officer of ADGM’s Financial Services Regulatory Authority (FSRA) in April 2021. Mr. Givanakis, said to be a key driver in the establishment

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An AI-Based Real Estate Lending Platform for Dubai’s Financial Institutions

Dubai-based Global Property Finance, provider of real estate financing solutions, aims to launch its cloud-based lending platform based on AI for financial institutions. The platform will purportedly simplify the borrowing experience. GPF looks to use AI for borrowers and lenders

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Saudi E-Wallet STC Pay Selects Temenos to Expand Digital Payments Capabilities

STC Pay, a Saudi Arabian digital wallet, has selected banking software company Temenos to expand its digital payments capabilities, aiming to double its customer base by 2021. The e-wallet that was launched in late 2018, has chosen the API-first Temenos Transact

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Startupbootcamp and DIFC’s Fintech Hive to Rollout Virtual Accelerator Named ASPIRE 

Startupbootcamp has partnered with Dubai International Financial Centre’s (DIFC) FinTech Hive to rollout a virtual accelerator called ASPIRE. The virtual accelerator will be focused on enabling corporates to empower their departing talent to build their own startups. In the next

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Abu Dhabi Free Zone: Digital Bank Licensing Gains International Interest

Several firms from the United Arab Emirates (UAE), the broader Middle Eastern region, and Asia-Pacific, are looking to establish digital banks in Abu Dhabi’s financial free zone, said Richard Teng, chief executive of the Financial Services Regulatory Authority (FSRA), the

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