Dubai

Dubai Financial Centre Launches Seamless Digital Onboarding Platform

Dubai International Financial Centre (DIFC) announced the enhancement of its digital onboarding platform. In line with the DIFC’s continued emphasis on improving the ease of doing business, the new fully integrated digital platform offers a simplified onboarding process and enhanced

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UAE Sees Rapidly Expanding Blockchain Ecosystem

The blockchain ecosystem in the United Arab Emirates (UAE) is home to more than 120 blockchain companies and 40 government entities covering 200-plus initiatives, according to a new whitepaper by the World Economic Forum (WEF) produced in collaboration with the

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A Crypto Valley Collaboration in Dubai to Boost the Blockchain Ecosystem

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – announced its strategic partnership with CV Labs in Switzerland, to launch Crypto Valley – the world’s largest ecosystem for cryptographic, blockchain and

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Fintech Startupbootcamp Dubai Selects 10 Startups For 2020

Startupbootcamp FinTech Dubai just announced the ten startups selected for their second cohort. The accelerator program launched its first cohort in 2018 and it is backed by UAE’s FinTech leaders, Dubai International Financial Centre (DIFC), HSBC, Visa and Mashreq Bank.

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Dubai’s Future District Is Dedicated to the New Economy

Vice President, Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum announced during the second Dubai Council’s meeting, that a new district under the name of ‘Dubai Future District’ dedicated to the

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A Review of Fintech Developments in Dubai and Abu Dhabi in 2019

The United Arab Emirates (UAE) is the largest fintech hub in the Middle East and North Africa (MENA), being home to more than 46% of all fintech companies in the region, and attracting most of fintech investments in 2019, according

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Singapore Fintech in Exclusive Middle East Partnership with UnionPay

MoovPay Global, a Singapore based Fintech, has signed an exclusive partnership with China’s UnionPay International (UPI) for cross-border cashless payment services in the Middle East. The partnership will allow businesses in the Arab world to use UPI’s range of payment

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National Bank of Fujairah To Set Up SME Banking Platform

Banking platform will serve as a unique digital space for SMEs to network and share know-how. National Bank of Fujairah (NBF) PJSC is building a dedicated banking platform for Small and Medium Enterprises (SME) in the UAE, providing access to

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Bankable Opens Middle East & Africa Hub in Dubai

Bankable, the global provider of “Banking as a Service” solutions, and Visa today announced a strategic collaboration within the Central and Eastern Europe, Middle East and Africa (CEMEA) region. Bankable aims to work with Visa to accelerate the digital capabilities

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Dubai Welcomes Global Payments Pioneer WorldFirst

Dubai International Financial Centre (DIFC) informed that WorldFirst comes to Dubai. UK headquartered WorldFirst was acquired by Ant Financial, the financial technology arm of Alibaba Group Holding Limited in February 2019. The expansion to Dubai with a representative office in

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