The UAE has been a key recipient of the bulk of venture capital investment in the region.The number of fintech companies in the region are expected to reach 1,845 by 2022.
Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa and South Asia (MEASA) and home to the largest, most developed FinTech ecosystem in the region, has continued to garner global recognition for DIFC FinTech Hive, the region's leading financial revolution accelerator.
Increasing foreign ownership would enable UAE banks to broaden investor base
Deals worth billions signed in energy, technology, defence, environment and education sectors
Fostering ties: Under Secretary for Commerce & Economic Development Bernard Chan (left) signs an investment agreement with United Arab Emirates’ Ministry of Finance Undersecretary Younis Haji Al Khoori
Jafza is one of the world's leading free trade zones and is home to over 7,500 multinational companies.
Dubai witnessed 33 per cent surge in transactions, worth Dh34 billion in first five months of 2019.
More demand for lifestyle-related private banking services, private wealth solutions being witnessed
In recent weeks, Bitcoin and other cryptocurrencies have begun to show life once again,. The bear market is in the rear view mirror now that a bottom has been confirmed.
A Dubai free zone will become the first in the UAE to return cash and bank guarantees to businesses in a push to protect wages of its employees.
Dubai: Nasdaq Dubai said it has listed sukuk worth $1 billion (Dh3.67 billion) issued by the emirate of Sharjah.
The Federal Tax Authority (FTA) has begun implementing VAT refunds for business visitors, with an application form available on its website.
Online payment service supplier, PayPal is exploring options to deliver on its data privacy promise by investing in four-year-old startup, Cambridge Blockchain
JPMorgan Chase unveiled a prototype for a digital coin system using blockchain, a first among major banks as disruption accelerates change in finance.
With muted economic growth, financial institutions would be wise to remain agile when managing regulatory challenges and technological innovations. However, this will require additional investment and capital.
Be it rising China, fastest-growing India or the Belt and Road Initiative, the UAE is rightly-placed to capitalise on the global trade as this century certainly belongs to Asia, bankers and trade industry executives said at a conference on Sunday.
Dubai: The UAE is ranked the safest place in the world as 96.1 per cent of people feel safe to walk outside at night, according to officials on Sunday.
For the past two years, the government of Liechtenstein has been crafting a first of its kind law related to the blockchain technology. The law signals to entrepreneurs that Liechtenstein is open for business.
The size of Bitcoin’s average daily gain has also dropped from February through the start of March, potentially indicating that the rally could be running into a wall.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, emphasized the importance of the logistics sector
Liechtensteinische Post AG, the country’s official postal service, plans to offer cryptocurrency exchange services at their physical locations, according to an official announcement published on Feb. 14.
One of Switzerland’s largest banks, Julius Baer, has entered the cryptoassets world by announcing a partnership with budding crypto bank start-up SEBA.