Dubai

Neobanks Make Inroads in the UAE

Though still a nascent industry in the United Arab Emirates (UAE), neobanking is steadily making inroads into the country. Last month, news broke that Abu Dhabi state-owned holding company ADQ will be setting up a digital bank in the United

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Fitze Converts Steps Into Coins for UAE’s Fitness Challenge

Fitze, United Arab Emirates’ (UAE) fitness rewards-based app, announced the launch of its challenge of 30 days 200k steps in line with the Dubai Fitness Challenge. Launched in 2017, the Dubai Fitness Challenge is an annual celebration of fitness and

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Dubai Startup Hub Kicks off Initiative to Put Startups on a Fast Track

Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has announced the launch of the Scale-Up Dubai programme. The programme is intended to aid fast-growing startups or scale-ups by providing in-depth knowledge, guidance and tailored support. Joining

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Seamless Awards 2020; Fintechnews.ae Shortlisted

The Seamless Awards is a leading awards series for the payments, ecommerce and retail industry in the Middle East. The following projects have been shortlisted and we are very happy that Fintech News Middle East was selected for the category

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Open Banking Platform Tarabut Launches in Abu Dhabi and Dubai

Bahrain-based Tarabut Gateway has expanded to the United Arab Emirates with the launch of its open banking platform in the country. The company has simultaneously opened two new offices at Abu Dhabi’s global tech ecosystem, Hub71 and Dubai’s DIFC FinTech

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An AI-Based Real Estate Lending Platform for Dubai’s Financial Institutions

Dubai-based Global Property Finance, provider of real estate financing solutions, aims to launch its cloud-based lending platform based on AI for financial institutions. The platform will purportedly simplify the borrowing experience. GPF looks to use AI for borrowers and lenders

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DIFC and Dubai Future Foundation to Boost Blockchain and AI-Driven Startups

Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding (MoU) with the Dubai Future Foundation (DFF) for a technology acceleration programme, to identify and support blockchain and AI-driven start-ups from the region. The MoU also outlines plans to introduce

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Leading Swiss Wealthtech Additiv Targets Middle East Expansion

additiv, a global SaaS provider to the wealth management industry, today announces the opening of a new office in Dubai as well as the appointment of a Managing Director for UAE, as it seeks to expand its footprint in the

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DIFC Launches New License for Tech Startups and Entrepreneurs

The Dubai International Financial Centre (DIFC), a special economic zone in Dubai and a financial hub for the Middle East, Africa and South Asia (MEASA) markets, has launched a new license for startups, entrepreneurs and technology companies. The Dubai Innovation

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Dubai Pushes Region’s First Digital Security Capital Raise

Dubai International Financial Centre (DIFC) has announced that investment banking and wealth management firm GRIP is undertaking a fully digital capital raise for Lead Real Estate, a Tokyo headquartered residential and commercial developer, this month. DIFC’s regulations, laws and structures

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