Tag "United Arab Emirates (UAE)"
Abu Dhabi Free Zone: Digital Bank Licensing Gains International Interest
Several firms from the United Arab Emirates (UAE), the broader Middle Eastern region, and Asia-Pacific, are looking to establish digital banks in Abu Dhabi’s financial free zone, said Richard Teng, chief executive of the Financial Services Regulatory Authority (FSRA), the
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Dubai Just Launched a Virtual Company License. And It Costs US$233
Dubai has just launched the Dubai Virtual Commercial City (VCC), a program which enables entrepreneurs and freelancers who do not reside in the United Arab Emirates (UAE) to start a virtual company registered in Dubai. As part of the program,
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Bahrain and UAE Leads Middle East’s Fintech Scene, Study Finds
In the Middle East, Bahrain and the United Arab Emirates (UAE) have emerged as fintech leaders, thanks to the supportive ecosystems these have managed to develop for fintech development. At the same time, their leadership positions are not guaranteed going
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Robo-Advisors Ripe For Prime Time In The UAE
The digital financial advisory industry is destined for strong growth in the United Arab Emirates (UAE), and while business-to-consumer (B2C) solutions are rapidly gaining traction from the public, business-to-business (B2B) robo-advisor providers are emerging as key enablers for banks and
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Dubai’s $100 Million Fintech Fund and How to Apply for It
The Dubai International Financial Centre (DIFC), a special economic zone in Dubai and a financial hub in the Middle East, Africa and South Asia (MEASA) region, launched a US$100 million Fintech Fund in November 2017 to accelerate the development of
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What is Driving the Rise of Mobile Payments in UAE?
Mobile payments are on the rise in the United Arab Emirates (UAE) as the country’s young population is eager to embrace the latest technologies. Mastercard registered in record number of secure mobile transactions in 2018, which it credited to the
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Fintech In Abu Dhabi: A Short Overview
Abu Dhabi, the capital and second most populous city of the United Arab Emirates (UAE), continues to move forward with its fintech agenda, with the Abu Dhabi Global Marketplace (ADGM) driving the strategy. Fintech in Abu Dhabi Abu Dhabi has
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Fintech In Dubai: A Short Overview
An Overview about Fintech in Dubai. The United Arab Emirates (UAE), and in particular the city of Dubai, is poised to become a regional fintech hub as the country looks to take the lead in the digital race. Backed by government
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10 Fintech Startups in Dubai and Abu Dhabi You Have to Know
The fintech market in the Middle East and North Africa (MENA) region is predicted to enter a new era of growth. By 2022, startups in the region are set to attract US$2.5 billion in deals, according to a new study
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