Dubai
6 Proptech Startups in UAE to Watch Out for
The United Arab Emirates (UAE)’s real estate industry is witnessing a major digital shift, fueled by so-called proptech innovation that are using digital platforms and applying artificial intelligence (AI), big data analytics, cloud computing and other technologies to optimize operations
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DIFC Launches Artificial Intelligence and Coding License
Dubai International Financial Centre (DIFC) announced the launch of a ground-breaking Artificial Intelligence (AI) and coding license, in cooperation with the UAE Artificial Intelligence Office. The license, which is a UAE first, will advance the country’s Artificial Intelligence Strategy 2031,
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New Virtual Asset Regulation, Licensing Framework Coming to Dubai Free Zone
As investment and trading activity in virtual and digital assets continue to grow in the Middle East, economic zone financial regulator, the Dubai Financial Services Authority (DFSA), is looking to introduce new regulation for the asset class as well as
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Alaan, a Multi-Currency Spend-Management Platform Gets $2.5mln in Seed Funding
Alaan, a UAE based corporate spend-management fintech, announced it is coming out of stealth mode with an imminent launch after raising $2.5M in seed funding. The startup is the Middle East’s first multi-currency spend management platform enabling SMEs to spend
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Mashreq Invests with Venture Fund into NymCard
Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators. This investment is part of a FinTech fund
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Dubai: Top 11 Upcoming Fintech Events Taking Place in H1 2022
Physical, in-person events are back in full force this year as governments around the world ease up social distancing and traveling rules. As Dubai continues to see its fintech landscape grow and thrive, organizers are increasingly choosing the city to
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Dubai Blockchain Startup Pyypl Raises $11 Million Series A to Expand into Africa
Pyypl (pronounced “People”), announces it has closed a US$ 11 million series A financing round with participation from a diverse group of international family offices and HNWI’s. The international blockchain technology-based company provides digital payments and financial services for smartphone
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UAE SMEs, Consumers Embrace Cashless Payments at Fast Pace
In the United Arab Emirates (UAE), digital payments and cashless transactions are becoming the new norm as both consumers and small and medium-sized enterprises (SMEs) continue to actively embrace these solutions. A new research study by Visa found that compared
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GoDaddy Joins Forces to Offer Payment Soultions in MENA
GoDaddy is working in partnership with MyFatoorah in the Middle East and North Africa (MENA) region, to offer new payment solutions to GoDaddy’s ecommerce solution. MyFatoorah, a local UAE payments provider, specializes in secure, swift payment solutions across the GCC
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Dubai World Trade Centre to Start Regulating Crypto and Virtual Assets
The Dubai World Trade Centre (DWTC) has announced that it will be working as a comprehensive zone and regulator for virtual assets and crypto, including digital assets, products, operators and exchanges. The DWTC will be designing a comprehensive ecosystem for
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