Finance bulletins

DIFC FinTech Hive and FinTech-Aviv reach landmark agreement

DIFC FinTech Hive and FinTech-Aviv reach landmark agreement

Agreement outlines partnership opportunities between DIFC FinTech Hive and Israel’s FinTech Aviv, focused on innovation and financial technology Agreement follows new economic collaboration between the two countries following historic agreement between UAE and Israel Dubai, UAE, 28th November 2020: DIFC FinTech Hive, the largest financial technology hub in the Middle East, Africa and South Asia

Dubai International Financial Centre’s Innovation Hub to support Dubai’s Future Economic Growth

DIFC Innovation Hub is a signature initiative for the Dubai Future District announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum in January 2020 First and largest environment in the region dedicated to bringing the startup community together that is shaping the  ‘future of finance’ and ‘future economies in the UAE Over 250 growth

FinTech Ripple chooses Dubai International Financial Centre for Regional Headquarters

Ripple’s presence supports DIFC’s vision to shape the future of finance Operating within DIFC’s dynamic and innovative ecosystem, Ripple will work with local and regional financial institutions to revolutionise the payments industry Demonstrates commitment to the Emirates Blockchain Strategy 2021 that will accelerate seamless transactions and improve efficiency Dubai, UAE, 7th November 2020: Dubai International

IMF Regional Economic Outlook outlines opportunities for regional economic recovery in 2021

Protecting lives and livelihoods remains the immediate priority due to the global COVID-19 pandemic Unprecedented global policy intervention has helped cushioning the economic impacts of the pandemic, with governments in the region acting swiftly and resolutely Looking ahead, policymakers must remain nimble as countries pivot from the immediate response to support the recovery and should

Dubai International Financial Centre hosts inaugural cohort of Emirati students from the Federal Youth Authority’s Young Economist Programme

His Excellency Essa Kazim, Governor of DIFC discusses the Centre as part of the Young Economist Programme Dubai, UAE, 21st October 2020: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has welcomed the first batch of Emirati students from the Young Economist Programme, an initiative by the Federal Youth

ZWIPE AND INKRIPT TO LAUNCH ZWIPE PAY ONE IN THE MIDDLE EAST

Beirut, Lebanon – October 15, 2020 – Biometric fintech company Zwipe and Inkript, a digital security provider in the Middle East and Africa (MEA) region and a subsidiary of Resource Group, announce that they have launched a joint project to deliver the next generation contactless payments experience, Zwipe Pay ONE,  to banks across the Middle East. “Since

Dubai International Financial Centre becomes region’s first fully accredited member of Global Privacy Assembly

Accreditation reflects DIFC’s commitment to keeping Dubai and DIFC at the forefront of privacy legislation, applying international  best practice Dubai, UAE, 13th October 2020: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has announced that the Centre is now a fully accredited member

Dubai International Financial Centre joins hands with PwC Middle East to offer online solution to address data privacy compliance

Dubai, UAE, 11 October 2020: Withsupport from the Office of the Commissioner of Data Protection at Dubai International Financial Centre (DIFC), PwC Middle East has launched an innovative online solution to help organisations comply with the recently a­­­­nnounced DIFC Data Protection Law . TheDIFC data privacy assessment provides organisations with bespoke reports outlining their current

Top 3 Fastest Growing Financial Stocks Report up to 476.7% EPS Growth

According to the research data analyzed and published by ComprarAcciones.com, the XLF, which represents the financial stocks, tumbled by 21.15% (year-to-date) YTD as of September 30, 2020. In the trailing one-year period, it shed -13.99. However, some financial stocks have stood out from the pack, offering massive earnings per share (EPS) growth rates. Financial Sector Gains

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