Tag "Dubai International Financial Centre (DIFC)"
DIFC Launches New License for Tech Startups and Entrepreneurs
The Dubai International Financial Centre (DIFC), a special economic zone in Dubai and a financial hub for the Middle East, Africa and South Asia (MEASA) markets, has launched a new license for startups, entrepreneurs and technology companies. The Dubai Innovation
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Dubai Pushes Region’s First Digital Security Capital Raise
Dubai International Financial Centre (DIFC) has announced that investment banking and wealth management firm GRIP is undertaking a fully digital capital raise for Lead Real Estate, a Tokyo headquartered residential and commercial developer, this month. DIFC’s regulations, laws and structures
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Dubai’s Sandbox Sees The Largest Number of Application to Date
The Dubai Financial Services Authority (DFSA) announced that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence (ITL) Cohort. The ITL programme provides a unique environment that helps firms to test innovative solutions in and from the
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DIFC’s 100USD Million Fintech Fund Invests in 4 Fintech Startups
Dubai International Financial Centre (DIFC) announced that it has invested in four FinTech start-up companies. The investment reflects the DIFC’s commitment to driving the future of finance and is part of the USD 100 million FinTech Fund launched in 2019
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Dubai International Financial Centre is Launching a New Business Stimulus Initiative
In these unprecedented times, I write to reassure you that the wellbeing of our community continues to be our highest priority. In alignment with the UAE Ministry of Health & Prevention (MoHAP), the Dubai Health Authority (DHA) and the World
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Dubai International Financial Centre Reports Record Growth in 2019
Dubai International Financial Centre (DIFC), the international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced a record growth in 2019. The total number of firms in the Centre reached 2,437, up 14% from 2018, with
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DIFC and Mashreq Bank Launch Instant Bank Account Opening with the Region’s First KYC Blockchain Platform
Dubai International Financial Centre (DIFC) and Mashreq Bank announced the region’s first blockchain data sharing platform, now live in production, to support licensed businesses and corporates opening digital bank accounts instantly. In continuation of the consortium formed back in July 2019
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A New Funding Accelerator Programme for Fintech Startups in the MEASA Region
DIFC’s FinTech Hive revealed the launch of a new funding accelerator programme for FinTech start-ups in the MEASA region. FinTech Hive Scale Up programme benefits scaleups by helping them grow through strategic partnerships and receiving investment resources through the DIFC FinTech
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DIFC Strengthens Leadership Team to Drive Vision for Future Growth
Dubai International Financial Centre (DIFC) Authority has strengthened its leadership team. The Centre has made a number of strategic appointments and promotions of UAE Nationals to spearhead key initiatives that support the DIFC’s vision to further enable financial technology in
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Dissecting Fintech Opportunities in Middle East and Africa
Dubai’s special economic zone, the Dubai International Financial Centre (DIFC), has released a new report that explores the opportunities related to fintech in the Middle East and African (MEA) region. The report provides recommendations and guidance for fintech firms looking
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