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Dubai New Virtual Assets Framework Aims to Establish Emirate as Global Blockchain, Crypto Leader
The government of Dubai has released its Virtual Assets and Related Activities Regulations 2023, a new set of rules targeting digital asset activities. The regulations are part of an ongoing effort to establish the emirate as a world leading hub
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Halo Investing Comes to Abu Dhabi
Halo Investing, a global Wealthtech headquartered in Chicago announced that it has secured its Financial Services Permission (“FSP”) from Abu Dhabi Global Market (“ADGM”)’s Financial Services Regulatory Authority (“FSRA”) effective 19 January 2023. Halo Investing secured 100m USD investment back in
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DIFC Suggest New DIFC Venture Studio Regulations
Dubai International Financial Centre (DIFC) proposes to enact new Venture Studio Regulations to establish the first global legal framework for the regulation of venture building. The proposed regulations seek to enable, enhance and promote venture building from within DIFC. Venture
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ADGM Partners With Zand Bank to Support Technology SMEs in Abu Dhabi
Abu Dhabi Global Market (ADGM)and Zand Bank PJSC, the UAE’s first all-digital bank licensed by the UAE Central Bank, have signed a Memorandum of Understanding (MoU) to support UAE Technology SMEs and provide preferential banking services. The agreement will focus
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8 Fintech Personalities Selected Among Top 100 Most Powerful People in Dubai
Arabian Business, a weekly business magazine published in Dubai and focusing on global and regional news analysis, has released its ranking of top 100 most powerful people in the emirate, recognizing these personalities for being the most inspirational and influential
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DLA Piper Advised Dubai’s Virtual Assets Regulatory Authority on Regulatory Framework
DLA Piper has worked with the Dubai Virtual Assets Regulatory Authority (VARA), as its exclusive global legal advisor, on the creation of the Emirate’s virtual asset specific regulatory framework. Published on 7 February 2023, the Virtual Assets and Related Activities
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50% Of Employees in the UAE Fear Losing Their Jobs to AI
AI use is on the rise, which poses a risk to the existence of many jobs across regions. Recently the ChatGPT bot was made available to the public – it can maintain a coherent conversation, explain complex scientific concepts, artistically
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HUB71+Digital Assets Launched With More Than $2 Billion in Funding Available
Hub71, Abu Dhabi’s global tech ecosystem, announced the launch of Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem, with more than $2 billion of capital committed to fund Web3 startups and blockchain technologies from the UAE’s capital. Hub71+ is a
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Dubai’s Strategic Vision Cement its Fintech Leadership
Dubai, a city known for leading technological innovation and digital transformation, has emerged as the fintech hub of the Middle East and Africa (MENA) and South Asia region due to its emphasis on building a modern, digitally-driven, and innovative economy.
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New Islamic Fintech Accelerator: Emirates Islamic Partners with Plug and Play Abu Dhabi
Emirates Islamic has launched a global Fintech accelerator campaign in collaboration with Plug and Play Abu Dhabi. The campaign is a call to action for leading Islamic Fintechs and financial startups with propositions that can enhance customer journeys across SME
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