Tag "DIFC"

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

Read More

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,

Read More

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

Read More

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

Read More

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.

Read More

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

Read More

Amazon Payment Services Launches Fintech Lab at Dubai’s DIFC Innovation Hub

Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, has launched the Amazon Fintech Lab in the DIFC Innovation Hub. The initiative is the latest in Amazon Payment Services’ efforts to support fintech

Read More

New DIFC Innovation Hub Launched to Spur on Dubai’s Fintech Ecosystem

The DIFC Innovation Hub has been officially launched as part of the new Dubai Future District announced in January 2020 with over 350 fintech and innovation firms to spur on the fintech sector. The Dubai International Financial Centre (DIFC) is

Read More

Abu Dhabi Financial Regulator Sets up ADGM Authority

The Board of Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, has approved the establishment of the ADGM Authority. This newly constituted authority will be led by Mark Nicholas Cutis as its Chief Executive Officer, who

Read More

Dubai Economy and DIFC Inks Deal to Expand the UAE KYC Blockchain Consortium

Dubai Economy and Dubai International Financial Centre (DIFC) Authority have signed an agreement to consolidate efforts and expand the UAE KYC (Know Your Customer) Blockchain Consortium positioning it as the national corporate e-KYC platform, making it the first in the

Read More