Tag "DIFC"
First Islamic Bank To Go Live on the UAE KYC Blockchain Platform
Abu Dhabi Islamic Bank (ADIB) has become the first Islamic bank to go live on the UAE Know Your Customer Blockchain Platform, a national ecosystem for the exchange of verified KYC data between licensing authorities and financial institutions. Dubai’s Department
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Dubai Sets up Venture Building Platform ‘DIFC Launchpad’
The Dubai International Financial Centre (DIFC) has launched its venture building programme ‘DIFC Launchpad’ to promote the growth of innovative startups and scale-ups in the region. The DIFC Launchpad programme expects to support the launch of more than 200 new
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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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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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IDnow is Supporting the IATA’s Vision of a Digital Identity System for Airports
Dubai-based identity proofing solutions provider IDnow announced its participation in the International Air Transport Association’s (IATA) Accelerate@IATA 2022 accelerator programme. IATA is the trade association for the world’s airlines, representing some 290 airlines or 83% of total air traffic. Through
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Emirates NBD Launches Accelerator for Metaverse Startups to Transform the Future of Banking
Emirates NBD has launched a global accelerator programme for metaverse start-ups to enhance customer experience for the new virtual economy, in partnership with the DIFC Fintech Hive and powered by technology provider Microsoft. Marking Emirates NBD’s first play in the metaverse,
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Huobi Group Secures DIFC Innovation License From Dubai Regulator
Huobi Group, a global blockchain asset financial services provider, announced that it has secured a DIFC Innovation License in Dubai. This is a license for innovative technology companies in Dubai and provides benefits such as access to a thriving tech
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DIFC Launches Global Venture Studio Launchpad
Dubai International Financial Centre (DIFC) announced the launch of the world’s first venture studio platform exclusively focused on ubiquitous finance and digital asset technologies. $ The initiative is a key part of DIFC’s efforts to achieve the goals of its
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DIFC and CBUAE to Develop Joint Fintech Initiatives
The Central Bank of the UAE (CBUAE) and the Dubai International Financial Centre (DIFC) will be partnering to promote fintech development in the UAE. The two financial authorities have signed an agreement to collaborate over joint fintech initiatives and activities.
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Dubai’s DIFC Now Home to Over 3000 Companies
The Dubai International Financial Centre (DIFC) has achieved its ‘2024 Strategy’ growth targets three years ahead of schedule. The 2024 Strategy was announced in 2014, and since then, the DIFC has tripled the number of active registered companies in the
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