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,
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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
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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
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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
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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
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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
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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,
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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
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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
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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
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