Tag "Dubai International Financial Centre"

Dubai’s Crypto Token Regime Comes Into Force

The Dubai Financial Services Authority’s (DFSA) Crypto Token regime comes into force with immediate effect. This regime forms the second phase of the DFSA’s work in this area following the introduction of a regime in the Dubai International Financial Centre

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Dubai Crown Prince Launches a AED370 Million Startup Growth Fund

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, approved the launch of the ‘Venture Debt Fund for Startups’ to bolster and sustain startup projects in the

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Digital Platform and Payment Company KMMRCE Holdings Opens Its Headquarters in Dubai

KMMRCE Holdings, a leading digital specialist combining flexible cloud management solutions with comprehensive finance capabilities, has announced the opening of its headquarters in Dubai International Financial Centre (DIFC). Its portfolio companies, KMMRCE Technology and KMMRCE Pay, have built a reputation

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DIFC Launches Artificial Intelligence and Coding License

Dubai International Financial Centre (DIFC) announced the launch of a ground-breaking Artificial Intelligence (AI) and coding license, in cooperation with the UAE Artificial Intelligence Office. The license, which is a UAE first, will advance the country’s Artificial Intelligence Strategy 2031,

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Dubai Publishes Guides to Accelerate Its Position as a Sustainable Finance Hub

The Dubai Sustainable Finance Working Group has published two comprehensive guides as part of Dubai’s efforts to accelerate its position and expansion of Environmental, Social and Governance (ESG) and sustainable finance in the UAE and wider region. The Dubai Sustainable

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DIFC and Dubai Future Foundation to Boost Blockchain and AI-Driven Startups

Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding (MoU) with the Dubai Future Foundation (DFF) for a technology acceleration programme, to identify and support blockchain and AI-driven start-ups from the region. The MoU also outlines plans to introduce

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DIFC Partners with Singapore Blockchain Accelerator

Dubai International Financial Centre (DIFC),has reaffirmed its commitment to Asian FinTech partnerships and advancing the Centre’s FinTech ecosystem. DIFC has signed a Memorandum of Understanding (MOU) with Tribe Accelerator, the first Singapore government supported Blockchain accelerator, to collaborate on knowledge

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Dubai Financial Centre Launches Seamless Digital Onboarding Platform

Dubai International Financial Centre (DIFC) announced the enhancement of its digital onboarding platform. In line with the DIFC’s continued emphasis on improving the ease of doing business, the new fully integrated digital platform offers a simplified onboarding process and enhanced

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Dubai Has Now Over 100 Fintech Companies Registered

With a three-fold growth since end of 2018, the Centre’s enabling environment continues to support the development of the FinTech industry, attracting major global players from across markets and technologies. Dubai International Financial Centre (DIFC) marks a significant milestone today having

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DIFC Appoints Stewards for a Portion of its US$100 Fintech Fund

Dubai International Financial Centre (DIFC), a fintech friendly financial hub announced the appointment of Middle East Venture Partners (MEVP) and Wamda Capital to manage US$ 10 million of the DIFC FinTech Fund. The DIFC Fintech Fund sized at US$ 100

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