Tag "United Arab Emirates (UAE)"

2022 in Review: Key Fintech Initiatives and Developments in the UAE

Over the past years, the United Arab Emirates (UAE) has emerged as a leading fintech hub in the Middle East and North African (MENA) region, a position it has secured thanks to its innovation-enabling regulatory environment, government support as well

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UAE Consumers Share Interest in Embedded Finance

Embedded finance is a booming trend that’s rising all over the world, a phenomenon that’s only expected to increase moving forward as consumer demand for financial services to be delivered at their point of need in an easy and quick

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The UAE’s Fast-Expanding Crypto, Blockchain Ecosystem Now Comprises 1400+ Stakeholders

The United Arab Emirates (UAE) has one of the fastest-growing cryptocurrency ecosystems in the world, home today to over 1,400 industry stakeholders comprising startups, professional services firms, academia and government offices that employ more than 7,000 people, a new report

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UAE Government Officials Share Metaverse Ambitions

At the Dubai Metaverse Assembly event last month, top government officials from the United Arab Emirates (UAE) shared their ambitions for the country to become a metaverse pioneer and leader, revealing ongoing initiatives and aspirations moving forward. The Dubai Metaverse

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Digital Banking Adoption Soars in the UAE

In the United Arab Emirates (UAE), rapid digital adoption brought about the COVID-19 pandemic has accelerated the continued interest in digital banking solutions, prompting mass adoption of neobanking services as a way to access funds, make transactions and manage personal

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Fintech Leads UAE Startup Funding

In H1 2022, fintech was the preferred industry for startup investors in the United Arab Emirates (UAE), accounting for 34% of total capital during the period and 22% of transactions, a new report by Magnitt and the Emirates Development Bank

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10 Fintech Accelerators to Know in the UAE

With over 400 fintech companies, the United Arab Emirates (UAE) is a major hub for fintech innovation in the Middle East and North Africa (MENA) region. Fast growth of the industry has been fueled by a number of fintech initiatives

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6 Proptech Startups in UAE to Watch Out for

The United Arab Emirates (UAE)’s real estate industry is witnessing a major digital shift, fueled by so-called proptech innovation that are using digital platforms and applying artificial intelligence (AI), big data analytics, cloud computing and other technologies to optimize operations

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Dubai: Top 11 Upcoming Fintech Events Taking Place in H1 2022

Physical, in-person events are back in full force this year as governments around the world ease up social distancing and traveling rules. As Dubai continues to see its fintech landscape grow and thrive, organizers are increasingly choosing the city to

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UAE SMEs, Consumers Embrace Cashless Payments at Fast Pace

In the United Arab Emirates (UAE), digital payments and cashless transactions are becoming the new norm as both consumers and small and medium-sized enterprises (SMEs) continue to actively embrace these solutions. A new research study by Visa found that compared

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