Tag "Dubai International Financial Centre (DIFC)"
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
Read MoreDubai’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
Read MoreDIFC’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
Read MoreDubai 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
Read MoreDubai 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
Read MoreDIFC 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
Read MoreA 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
Read MoreDIFC 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
Read MoreDissecting 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
Read MoreHere are the 10 Startups Selected to Join Startupbootcamp Fintech Dubai
Ranked by Forbes as one of the top ten 10 accelerators in the world, Startupbootcamp is a famed accelerator which counts over 22 programmes across the global — many of which are fintech focused. Startupbootcamp FinTech Dubai launched in September
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