Dubai
Baraka Unveils Commission-Free Investment Platform for the UAE
baraka, a UAE-based fintech startup, introduced its proprietary commission-free mobile trading platform following a pre-seed capital raise of USD 1 million. The secure and user-friendly app is aims to officially launch in the second quarter of 2021, subject to regulatory
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Sarwa To Launch Zero-Commission Trade Service in the UAE
Sarwa, a Dubai-based investment advisory platform, is launching a zero-commission trade service in the United Arab Emirates (UAE). The new feature will allow clients to buy and sell stocks as well as funds through the Sarwa app within a few
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Neobank YAP Debuts as the First Independent Digital Banking Platform in the UAE
Dubai-based neobank YAP has launched as the first independent digital banking platform in the UAE according to Reuters. YAP said that more than 20,000 customers have pre-registered and the accounts will gradually go live in coming weeks. YAP has not
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11 Startups Graduate Startupbootcamp Fintech Dubai’s 3rd Cohort
Startupbootcamp Fintech Dubai’s industry focused accelerator programme has concluded with 11 startups graduating from its third cohort. Startupbootcamp Fintech Dubai was launched in 2018 in partnership with Dubai International Financial Centre’s Fintech Hive (DIFC), Visa, Mashreq bank and HSBC. To
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How to Buy Cryptocurrencies in the UAE
The cryptocurrency market has had a wild year. Market capitalization jumped 750% between January 2020 and February 2021 to reach an all-time high of US$1.7 trillion. In this timeframe, the price of bitcoin surged more than 600% to surpass 57,000
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Dubai Publishes Guides to Accelerate Its Position as a Sustainable Finance Hub
The Dubai Sustainable Finance Working Group has published two comprehensive guides as part of Dubai’s efforts to accelerate its position and expansion of Environmental, Social and Governance (ESG) and sustainable finance in the UAE and wider region. The Dubai Sustainable
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Dutch Payments Platform Adyen to Expands to Dubai
Adyen, the global payments platform based in Netherlands, announced that it will expand its offering to the Middle East by opening a new office in Dubai. Adyen said in a statement that this will enable its existing merchant base to
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Open Banking Platform Tarabut Gateway Bags $13 Million in Seed Funding
Bahrain-based open banking platform Tarabut Gateway has secured $13 million during a seed funding round. The announcement follows Tarabut Gateway’s recent expansion into the UAE in October 2020. Tarabut Gateway, which has offices in Abu Dhabi, Dubai, London and Manama,
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GoDaddy and Startups Without Borders to Train Entrepreneurs Across MENA Region
GoDaddy Inc, an American publicly traded Internet domain registrar and web hosting company, announced the introduction of a free online training course titled ‘Start and Grow Online with GoDaddy’ designed to help entrepreneurs take their businesses online. GoDaddy is partnering
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SH Capital Ltd Launches in Dubai to Empower SMEs With Global Banking Services
A new digital treasury services management provider SH Capital Ltd (SHC), launches in Dubai today with a mission to empower small and medium sized enterprises (SMEs & MMEs) by offering world class global banking services, asset management, FX hedging solutions,
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