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Financial Services

RAKBANK partners with Mastercard to boost e-commerce growth for UAE SMEs

RAKBANK SME customers will now be able to create an online store, accept online payments, manage invoices and prevent fraud The National Bank of Ras Al Khaimah (RAKBANK) today announced its partnership with Mastercard, a technology leader in the global payments industry, to make online payments for Small Medium Enterprises (SMEs) safe, simple and smart. The partnership is a push …

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Growing role of FinTech in the Middle East

For the region to produce unicorns, the FinTech companies will need to focus on organic and inorganic growth strategies The FinTech sector has matured over the past couple of years and now appears to have entered a new phase of evolution. The perception of the FinTech players have evolved from being a disruptor to a collaborator, which is resulting in …

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British Orchard Nursery collaborates with Department of Finance to open its 22nd branch in the UAE

The preschool aims to raise the happiness level for working mothers by bringing nursery education for their little ones at their doorstep UAE’s largest preschool chain, British Orchard Nursery has collaborated with the Department of Finance to open a nursery at the DOF headquarters in His Highness the Ruler’s Court. The preschool aims to raise the happiness level among its …

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The CISI and Abu Dhabi global market academy partner to elevate financial education in UAE

Our Principal Partner, the APO Group will present the inaugural APO Group African Women in Media Award as part of #AWIEFAwards 2019. This prestigious award will recognise and celebrate a woman journalist who supports female entrepreneurship in Africa. The winner stands a chance to win a 2500 USD cash prize, an all-expenses paid trip to an International Women’s Forum and …

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Strong industry support for ADGM’s global quest for Fintech innovation

FinTech Abu Dhabi reaches China this week, in the cities of Shenzhen and Beijing Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre in Abu Dhabi, is in Shenzhen (China’s tech megacity) on 5 August and Beijing (China’s capital silicon valley) on 7 August as part of its FinTech global tour to recruit innovative FinTech start-ups to showcase their …

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Egypt- International Monetary Fund (IMF) Executive Board Completes Fifth Review under the Arrangement under Extended Fund Facility (EFF)

The completion of the review allows the authorities to draw the equivalent of SDR 1,432.76 million (about US$2 billion) the Executive Board of the International Monetary Fund (IMF) completed the fifth and final review of Egypt’s economic reform program supported by an arrangement under the Extended Fund Facility (EFF). The completion of the review allows the authorities to draw the …

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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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