Tag "Dubai International Financial Centre (DIFC)"

Report Details 11 Fintech Regulatory Sandboxes in MENA in 2022

The MENA Fintech Association’s (MFTA) Open Finance Working Group has published a new report on the rise of open banking and embedded finance in the Middle East and North Africa. The report found that regulators in the region have been

Read More

Alpadis Group Secures DIFC License, Opens Second Office in Dubai

Swiss corporate services provider Alpadis Group has obtained a license to operate in the Dubai International Financial Centre (DIFC) and has opened its second office in Dubai. The group’s new office, based in the DIFC Gate Village, aims to serve

Read More

DIFC Delegation Sees Exceptional Interest at The Singapore Fintech Festival

The Dubai International Financial Centre (DIFC) says that Dubai has continued to attract exceptional interest from financial technology firms, making fintech the centre’s fastest growing sector. The number of fintech and innovation firms joining DIFC in the first nine months

Read More

Q9 Gets Provisional Approval to Establish a Regional Crypto Hub in Dubai

Crypto investment platform Q9 Capital announced that it has received provisional approval from Dubai’s Virtual Asset Regulatory Authority (VARA) to establish a regional hub in the UAE. Q9 is also in the process of applying for a full operating license

Read More

DIFC and GEFI Partner to Prepare for UAE’s Hosting of COP28 in 2023

The Dubai International Financial Centre (DIFC) has entered a year-long partnership with the Global Ethical Finance Initiative (GEFI) ahead of next year’s United Nations climate change conference, better known as COP28. The partnership aims to drive commitment and action ahead

Read More

Insurtech Wellx Partners With Google’s Fitbit to Gamify Health Insurance in the UAE

UAE’s wellness insurance platform Wellx has partnered with Google’s fitness wearable company Fitbit to incentivise insurees to stay healthy throughout the year. Wellx plans to connect their platform with Fitbit’s API and provide insurees with a complimentary Fitbit wearable to

Read More

Amazon Launches Intellectual Property Accelerator for SMEs in the UAE

Amazon has launched an Intellectual Property (IP) Accelerator programme in the UAE to connect small and medium-sized enterprises (SMEs) with a curated network of IP law firms. The accelerator, which is available to any brand selling on Amazon.ae, aims to

Read More

UAE Money App Mamo is Now Licensed to Offer Payment Services in the DIFC

Dubai-based money app Mamo has been granted a license by the Dubai Financial Services Authority (DFSA) to operate within the Dubai International Financial Centre (DIFC), a special economic zone and leading financial hub in the Emirates. The company was previously

Read More

DIFC Launches ESG Self-Assessment Tool for Companies

The Dubai Sustainable Finance Working Group (DSFWG) has introduced a self-assessment tool for companies to measure the maturity of their Environmental, Social and Governance (ESG) policies and practices. The tool was developed in-line with the United Nations’ Sustainable Development Goals

Read More

Meet the 21 Startups in DIFC’s 2022 Fintech Accelerator Bootcamp

The Dubai International Financial Centre’s (DIFC) Fintech Hive has launched Sprint B of its 2022 Fintech Accelerator Programme featuring 21 startups from around the world. Launched in 2017, the DIFC Fintech Hive is an initiative under the DIFC Innovation Hub.

Read More