Search Results for "DIFC"
Crowdfunding And Peer-To-Peer Lending In The UAE
In the United Arab Emirates (UAE), peer-to-peer (P2P) lending has emerged as a way to support local small and medium-sized businesses (SMEs), many of which have been rejected by conventional banks. According to data from Khalifa Fund, approximately 50-70% of
Read MoreFintech Innovation: Why The Middle East Will Be The Place To Be In 2018
The Middle East’s fintech ecosystem grew significantly in 2017 and further development is expected in the coming years fueled by government support and increasing demand for accessible, cheap, tech-enabled financial solutions. Fintech startups have raised over US$100 million in the
Read MoreFintech UAE Startup Report and Map
The United Arab Emirates (UAE) is poised to become a fintech nexus in the Middle East, aided by government agencies and regulators working together to turn the country into a global fintech powerhouse, according to a new report. These are
Read MoreDubai and Australia Seal Agreement on Fintech Cooperation
The Dubai Financial Services Authority (‘DFSA’) and ASIC today signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction. The DFSA regulates the Dubai International Financial Centre (‘DIFC’). Dubai has recently set up
Read MoreUAE Poised To Become The Fintech Nexus In MENA
In financial centers around the world, fintech has attracted large amounts of investment and attention from the private and public sectors as banks seek to maintain their competitive edge amid growing competition from new entrants, and governments aim to position
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