Dubai

Dubai Just Launched a Virtual Company License. And It Costs US$233

Dubai has just launched the Dubai Virtual Commercial City (VCC), a program which enables entrepreneurs and freelancers who do not reside in the United Arab Emirates (UAE) to start a virtual company registered in Dubai. As part of the program,

Read More

UAE Seeks to Gather Industry Feedback on Crypto Asset Draft Regulations

In line with its tireless efforts to regulate and develop capital markets operating in the United Arab Emirates, the Securities and Commodities Authority (SCA) has recently posted draft regulations concerning crypto assets on its website, www.sca.gov.ae. It, therefore, urges all

Read More

5 Key Areas For UAE’s Bank to Keep Pace with Fintech

Analysis conducted by Bloomberg Intelligence based on a roundtable discussion with Dubai Islamic Economy Development Centre (DIEDC) found that banks in the United Arab Emirates need to streamline their core banking processes before engaging with fintech players. The analysis highlights

Read More

Bahrain and UAE Leads Middle East’s Fintech Scene, Study Finds

In the Middle East, Bahrain and the United Arab Emirates (UAE) have emerged as fintech leaders, thanks to the supportive ecosystems these have managed to develop for fintech development. At the same time, their leadership positions are not guaranteed going

Read More

Dubai Has Now Over 100 Fintech Companies Registered

With a three-fold growth since end of 2018, the Centre’s enabling environment continues to support the development of the FinTech industry, attracting major global players from across markets and technologies. Dubai International Financial Centre (DIFC) marks a significant milestone today having

Read More

Emirates NBD to Launch Voice Banking Through Amazon Alexa

Emirates NBD customers in the UAE will soon be able to get banking updates, track spends as well as listen to daily market briefings on their Amazon Alexa devices. Using the Emirates NBD skill for Amazon Alexa, customers will be

Read More

Meet the 31 Startups Participating in the DIFC FinTech Hive’s 2019 Accelerator Programme

DIFC FinTech Hive, announced the commencement of the 2019 edition of its accelerator programme. The third edition of the programme launched by the region’s first financial technology accelerator received an overwhelming response of over 425 applications from across the world,

Read More

The First to Certify 5 FinTech Startups Under API Sandbox Program

Emirates NBD, a leading bank in the region, together with the DIFC FinTech Hive, a fintech accelerator in the Middle East, are the first in the region to certify FinTech startups who have successfully used the Emirates NBD’s API Sandbox

Read More

The Region’s First Blockchain Know Your Customer Data Sharing Consortium

Dubai International Financial Centre and Mashreq Bank are partnering with norbloc, a leading Know Your Customer (KYC) and client onboarding fintech regionally headquartered in Dubai,  to launch the region’s first production-ready blockchain KYC data sharing consortium in Q1 2020 to

Read More

DIFC Strengthens Leadership Team to Drive Vision for Future Growth

Dubai International Financial Centre (DIFC) Authority has strengthened its leadership team. The Centre has made a number of strategic appointments and promotions of UAE Nationals to spearhead key initiatives that support the DIFC’s vision to further enable financial technology in

Read More