Abu Dhabi Global Market’s new framework will regulate crypto asset activities, including those undertaken by exchanges and other intermediaries in the finance hub.
DIFC bolsters Dubai’s FinTech ecosystem with new deal
Dubai International Financial Centre (DIFC) has announced its partnership with Startupbootcamp to support the development of the growing FinTech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the region.
Technology a game-changer for Middle East M&A deals: experts
The fundamentals of merger and acquisition (M&A) deals in the GCC region have not been significantly affected by artificial intelligence (AI) and still rely on human cognition.
EastNets to boost cross-border payments in Kuwait
EastNets has announced its partnership with Kuwait’s Boubyan Bank to roll out SWIFT’s global payments innovation (gpi) service for its customers across the country.
Nine fundamental factors that can drive the price of Bitcoin
Bitcoin has seen prices fluctuate throughout the day, which shows how volatile the currency is, prompting the question, what leads to such huge movements?
Abu Dhabi to improve capital markets with blockchain deal
Abu Dhabi Securities Exchange (ADX) has recently signed a partnership agreement with London-based fintech firm Equichain with aims to bring efficiencies to capital markets.
Abu Dhabi’s Gulf Capital to invest $350m in the “new oil”
Gulf Capital is increasingly targeting sectors include renewable energy, technology, consumer and business services and defensive sectors offering high growth rates.
Abu Dhabi calls on fintech innovators to compete in annual challenge
UAE-based institutions will begin by collaborating with ADGM to identify a specific business problem that can be resolved through the use of financial technology.
RAKBANK enhances customer service with AI
RAKBANK has recently introduced a cognitive chatbot that allows bank employees to interact with an AI-powered IBM platform to help them answer questions, find solutions or quickly route pending requests to human advisors.
Dubai fintech accelerator kicks off 2018 programme
FinTech Hive at DIFC has announced that it will begin accepting applications for its 2018 programme starting Sunday, 20th May, kicking off a competitive search for the top financial technology (fintech) and insurance technology (insurtech) innovators in the region.