Dubai has reportedly been recognised as the seventh FinTech location globally for economic potential, highlighting Dubai’s efforts to support and expedite sustainable economic growth.
Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Innovate Finance, an independent membership association that is at the heart of the UK’s FinTech ecosystem.
Investments in Gulf-based fintech startups are expected to reach $ 2 billion in the next decade, compared to a mere $ 150 million invested in the last 10 years, according to a new study by MENA Research Partners (MRP), a leading research company in the region.
The DIFC Courts has opened the Dubai conference on court excellence and innovation, titled, “Today & Tomorrow, an international court excellence and legaltech conference.”
Dubai International Financial Centre (DIFC) has signed a series of landmark agreements between FinTech Hive at DIFC and global Fintech accelerators.
Dubai International Financial Centre’s FinTech Hive has opened the 2018 edition of its accelerator programme, in partnership with Accenture.
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have recently entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.
The Dubai International Financial Centre (DIFC) Courts have partnered with Smart Dubai to create the world’s first Court of the Blockchain.
FinTech Hive has received an overwhelming response of over 300 applications that were created from all around the world – triple the number of applications received in 2017.
The report, titled “The Case for an Innovation Hub to Facilitate MEASA Financial Inclusion”, reveals how Dubai is strategically positioned to facilitate development of digitally enabled financial solutions for the region.