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ADFG Acquires Strategic Stake in 500 Startups

500 Startups, a Silicon Valley venture fund with a track record of investing in young companies, said on Tuesday Abu Dhabi Financial Group (ADFG) had acquired a strategic stake in the firm. The move by ADFG, a privately owned investment

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Fintech In Dubai: A Short Overview

An Overview about Fintech in Dubai. The United Arab Emirates (UAE), and in particular the city of Dubai, is poised to become a regional fintech hub as the country looks to take the lead in the digital race. Backed by government

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10 Fintech Startups in Dubai and Abu Dhabi You Have to Know

The fintech market in the Middle East and North Africa (MENA) region is predicted to enter a new era of growth. By 2022, startups in the region are set to attract US$2.5 billion in deals, according to a new study

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Global Nomads And Economic Volatility Drive Growth In International Pensions And Savings Plans

A record number of International Pension and Savings Plans were set up last year, as employers strive to meet the savings needs of a global workforce, and to help staff in hotspots of economic and political instability. Willis Towers Watson

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Fintech Events in the Middle East to Attend in 2018

Here are selected Fintech Events in the Middle East to attend in 2018. If an important event is missing (there are so many), send us an Email or comment on this post.   15-16 April Seamless Middle East 2018 Dubai

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Smart City Technologies Spending in the Middle East Tipped to Reach $1.26 Billion in 2018

Spending on the technologies that enable Smart City initiatives is forecast to reach $1.26 billion for the Middle East and Africa (MEA) region in 2018, according to the latest insights from International Data Corporation (IDC). In the first release of

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Mastercard and mada Partner to Enable Online Payment Transactions in Saudi Arabia

mada, Saudi Arabia’s domestic payment network, and Mastercard announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a

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Etisalat Digital Shortlists 6 Global Companies For Dubai Future Accelerators Program

Etisalat Digital announced the shortlisted scale-ups to foster digital innovation and entrepreneurship and to bring new solutions to the market as part of ‘Dubai Future Accelerators Program,’ the world’s largest government-supported accelerator. The program pairs top scale-ups from across global

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Mastercard Announces Roadmap for Contactless Payments Consistency

Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years. The changes underway ensure that consumers, merchants and governments around the world will be able to take advantage of next-generation

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Mastercard and Ooredoo to launch Masterpass in Qatar

Ooredoo and Mastercard have announced the upcoming launch of Masterpass in Qatar, a service designed to offer a new level of payments convenience to Ooredoo’s growing base of consumers in Qatar. Masterpass is a simple, convenient and trusted digital payment

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