Dubai
Multi-Currency Cards Were Trending at Seamless Middle East This Year
It’s perhaps no coincidence that two high-profile multi-currency travel cards we announced at Seamless Middle East this year. Middle Easterners are getting comfortable with mobile payments. The demographic is young, the market is filled with aspirational travellers, and a strong
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Dubai’s $100 Million Fintech Fund and How to Apply for It
The Dubai International Financial Centre (DIFC), a special economic zone in Dubai and a financial hub in the Middle East, Africa and South Asia (MEASA) region, launched a US$100 million Fintech Fund in November 2017 to accelerate the development of
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Banking is Now Just a WhatsApp Away for Emirates NBD Customers
Emirates NBD customers can now chat bank via WhatsApp as the bank introduces customised services via the WhatsApp Business Solution. Enhancing the bank’s suite of digital capabilities, Emirates NBD Chat Banking via WhatsApp, supported by Infobip, it allows customers to
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Dubai Endorses Local Telco du’s Blockchain Platform as a Service
du, from Emirates Integrated Telecommunications Company, EITC, has announced that the Smart Dubai has endorsed the telco’s Blockchain Platform as a Service, BPaaS. Hardly its first endorsement, Smart Dubai has also endorsed a Blockchain Platform as a Service by IBM
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20 Fintech Experts to Meet at Seamless Middle East 2019 in Dubai
On April 10 and 11, 2019, Seamless Middle East 2019 will bring together over 10,000 visitors, 400 speakers and 350+ exhibitors to the Dubai International Convention & Exhibition Center for one of the Middle East’s largest events dedicated to e-commerce
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FundedByMe Granted License to Operate Crowdfunding Platform in UAE
FundedByMe, an equity crowdfunding platform, has recently launched operations at the DIFC after obtaining full equity crowdfunding license from the DFSA. FundedByMe MENA aims at launching its first campaign on the local platform early in Q2 of 2019. “With the
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The Folks Behind Burj Khalifa is Looking at an ICO
Emaar group, the developer behind the iconic Burj Khalifa among others is looking at developing their own crypto token. It plans to offer the Emaar community token for customers and partners by end of this year. According to the press
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DIFC Appoints Stewards for a Portion of its US$100 Fintech Fund
Dubai International Financial Centre (DIFC), a fintech friendly financial hub announced the appointment of Middle East Venture Partners (MEVP) and Wamda Capital to manage US$ 10 million of the DIFC FinTech Fund. The DIFC Fintech Fund sized at US$ 100
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5 UAE Regulator Initiatives to Bring Fintech to The Next Level
The Bahrain Fintech Regulations Report 2019, partly produced by the Central Bank of Bahrain, showcases some of the regulations and initatives set up to cultivate the growth of fintech in their regions. Each region with a strong fintech scene has their own way
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UAE Leads the Digital Banking Scene in Middle East
A combination of changing consumer preferences, competition from fintech startups and changing regulations have been forcing banks around the world to develop their digital capabilities. In the Middle East and North Africa (MENA) region, banks are quickly rising to the
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