FlexxPay is currently available in the UAE and Saudi Arabia, and will be launched in Bahrain next month
The authority has also restricted him from performing any function in connection with the provision of financial services in or from the DIFC
The UAE is poised to become only the 5th country ever to enter Mars’ orbit
Users can own a piece of real estate for as little as Dhs2,000
Movie nights and stand-up comedy shows are free-to-attend at DIFC’s Gate Avenue
The agreement enables Bank Hapoalim to access banking and innovation opportunities in the Middle East, Africa and South Asia through the DIFC platform
Penta services cover startups, SMEs and large multinationals based at DIFC
Financial institutions across more than 45 countries already use RippleNet
The tribunal noted that Shailesh Dash exhibited “a formidable mastery of the arguments”
Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead
The new destination, called The Guild, will feature eight different home-grown brands and slated to open next year
ASPIRE hopes to reach 5,000 participants in the next 12 months
Traditional lenders and fintech players can grow simultaneously, offering customers a myriad of services
Businesses can secure up to four visas when renting a desk space within the freezone
Fourth cohort attracts 620 fintech startups from all over the world
FinTech ranked first in the region for deals ahead of e-commerce and transport and logistics
Jiaozi Fintech Dreamworks and DIFC will collaborate on key sectors such as blockchain, artificial intelligence, big data and cloud computing
Regional fintech startups hold tremendous room for growth
The new law will cement the centre’s position as well as enhance its data protection practices
The investment, part of its $100m FinTech Fund to help establish and upscale fintech companies, reinforces DIFC’s commitment to drive advancements in the financial services sector
From waiving certain fees to offering rental relief, DIFC is implementing several steps to help firms during the current Covid-19 crisis
Proceeds from the issue will be partly used to refinance existing debt as well as provide cash for infrastructure investment.