Featured FintechRipple establishes regional headquarters at DIFCWebAdminNovember 9, 2020November 9, 2020 by WebAdminNovember 9, 2020November 9, 2020Ripple has chosen DIFC for its reputation as a leading global financial centre...Read more
Featured FintechDIFC invests in four startups as part of $100 million fintech fundInternational Finance Business DeskJune 8, 2020June 8, 2020 by International Finance Business DeskJune 8, 2020June 8, 2020The authority seeks to support companies looking to expand into the Middle East, Africa and South Asia...Read more
Magazine TechnologyBlockchain is disruptiveWebAdminJune 5, 2020June 5, 2020 by WebAdminJune 5, 2020June 5, 2020The KYC blockchain platform simplifies data verification process for businesses and minimises regulatory oversights of banks...Read more
Banking FeaturedMaybank Islamic launches first overseas branch in DubaiInternational FinanceFebruary 13, 2020March 18, 2020 by International FinanceFebruary 13, 2020March 18, 2020The bank’s Dubai branch will focus on wholesale banking which includes corporate financing, treasury, capital markets and trade finance...Read more
Islamic FinanceDIFC records 45% growth in Islamic assets in Q2 2019International Finance DeskOctober 17, 2019 by International Finance DeskOctober 17, 2019Islamic finance sector is growing at a rate of 1.5 times more than traditional finance...Read more
FintechDIFC registers over 100 new fintech startups since end-2018International Finance DeskSeptember 17, 2019November 4, 2019 by International Finance DeskSeptember 17, 2019November 4, 2019Leading fintech companies have picked the centre as their preferred jurisdiction in the Middle East region...Read more
FintechDubai named the seventh best fintech location globallyInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019The ranking cements Dubai’s position as a leading fintech capital across the globe...Read more
FinanceNumber of companies in Dubai’s financial hub rises by 11% during H1International Finance DeskJuly 29, 2019December 23, 2019 by International Finance DeskJuly 29, 2019December 23, 2019DIFC has welcomed 250 new companies this year, with the number of registered firms now reaching 2,289...Read more
FintechDIFC, MEVP prepare to shape the region’s fintech ecosystemInternational Finance DeskMarch 12, 2018February 27, 2020 by International Finance DeskMarch 12, 2018February 27, 2020The MoU intends to support investment activity in the industry with a focus on DIFC’s US$100mn fintech fund...Read more