Friday , 19 July 2019
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Financial Services

Dubai FDI’s Global Promotional Investment Team announces preparations for investment mission to China

Dubai high-level delegation to lead ‘Dubai Advantage Forum 2019’ in Shanghai on June 24 Roundtable discussion and series of meetings to be held in Shenzhen set to expore investment partnership opportunities In support to the UAE’s important role as a ‘vital station along the new Silk Road’ as reflected in the latest agreement between China and the UAE valued at …

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Mastercard partners with Bahrain FinTech Bay to foster fintech innovation in Bahrain

Technology company to leverage its extensive experience to contribute to the development of Bahrain’s startup sector Manama, Bahrain: Highlighting its commitment to promoting joint efforts in support of Bahrain’s fintech sector, Mastercard, a leading technology company in the global payments industry, today partnered with Bahrain FinTech Bay to support the development of Bahrain’s fintech industry, and the growth of Bahraini …

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UAE-based leading African changemaker awarded for innovation in fintech for his company

Mahmood Ahmadu recognized by Euro-Knowledge Awards for payment services provider Innovate 1 Pay Euro-Knowledge – an international consultancy and advisor to leading businesses and governments – in association with FIN Magazine – recognized the achievements of African change-makers in industry, policymaking and business in a grand ceremony recently held at the House of Lords, London. Among those receiving merit, UAE-based …

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Dubai Future Foundation forms Dubai Future Council for Blockchain

The Council is made up of 14 members from various local entities and international companies The Dubai Future Foundation (DFF) has formed the “Dubai Future Council for Blockchain”, to be headed by Her Excellency Dr Aisha Bint Butti Bin Bishr, Director General of Smart Dubai. The Council is part of the “Dubai Future Councils” initiative, launched at the beginning of …

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British University in Dubai, Dubai Blockchain Center, University of Nicosia supporting knowledge transfer in blockchain technology

British University in Dubai, Dubai Blockchain Center and University of Nicosia sign a Memorandum of Understanding The British University in Dubai (BUiD) signed a Memorandum of Understanding (MoU) with the Dubai Blockchain Center and the University of Nicosia. The MoU was signed by Prof. Abdullah Alshamsi, BUiD‘s Vice Chancellor, and Dr Marwan Alzarouni Chief Executive Officer- Dubai Blockchain Center and …

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Roel Wolfert Believes ‘Blockchain technology can transform the MENA region’

The cryptocurrency ecosystem has been focussed on achieving mainstream recognition, for which much cryptocurrency organizations have been striving to cater to the vast majority of geographical regions across the globe. Ripple with its efficient system for cross border transactions has been following the said aspiration and blog by Roel Wolfert, Managing Partner at VGrip titled “How Blockchain Will Help Banks …

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Trade and connectivity in Dubai

Trade, connectivity make millionaires flock to Dubai Approximately 2,000 HNWIs, each with at least $1mln worth of net assets, moved into the UAE in 2018 UAE – To prioritise its residents’ and citizens’ happiness is part of the UAE’s policies, making it a global hub for businesses, said Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. …

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Foreign Minister to participate in the World Economic Forum on the Middle East and North Africa

In the course of the event, a high-level debate is planned on the future of the region, as well as on security, social and economic challenges and opportunitiesOn 6 and 7 April 2019, Foreign Minister Edgars Rinkēvičs will represent Latvia at the World Economic Forum on the Middle East and North Africa in Jordan. In the course of the event, …

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The First Fintech for Sustainability Hackathon launched by BENEFIT in MENA region kicks off with 50 participants

The goal of the hackathon is to create awareness on how to leverage financial technologies to accelerate progress on the SDGs The first “BENEFIT Fintech Hackathon for Sustainability” in the MENA Region hosted by Bahrain Fintech Bay in partnership with The Manama Hub of the Global Shapers Community officially kicked off with 50 participants. Strategic Partners include the Central Bank …

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MENA eyes $2.3bln investment in smart cities tech by 2021

Public-private partnerships seen as key force that will help accelerate such undertakings in region Investments in technologies enabling smart cities in the Middle East and Africa (MEA) region is expected to hit the $2.3-billion mark by 2021 as per the estimates of International Data Corporation. Given that large funding is needed to build smart cities, public-private partnerships (PPPs) are seen …

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