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Through Ooredoo Asia, a wholly-owned holding company, the Ooredoo Group currently owns a 65.0 percent stake in Indosat Ooredoo. CK Hutchison will receive 21.8 percent of the merged Indosat Ooredoo Hutchison business. PT Tiga Telekomunikasi Indonesia would receive 10.8 percent of the merged Indosat Ooredoo Hutchison business as a result of the Indosat and H3I merger.

The Offering creates an opportunity for investors to participate in the potential strategic growth of a leading integrated satellite communication services provider. Mubadala will remain as majority shareholder of Yahsat’s issued share capital.

DIFC Innovation Hub is home to start-ups such as YAP, Sarwa, Baraka, StashAway, Ebury, Adyen and Mamo as well as Thunderbird School of Global Management, which is part of Arizona State University and recognised as the most innovative college in the US for the sixth year running and has chosen to set up its Global Innovation Centre in DIFC.

Financial Institutions (FIs) are already strong supporters of environmental protection. I am sure they can play an even bigger role in mitigating the problem of single-use plastics. Over six billion payment cards are produced globally every year. The simple act of switching to ‘green’ payment cards offers FIs the opportunity to do even more for the environment.

The Forum assembled on an interactive virtual platform, leading commentators including Dr. Gillian Tett, editor-at-large, Financial Times and BBC presenter Stephen Sackur, and Dr, ZiadDaoud of Bloomberg, with a diverse representation of industry leaders, pioneers, regulators and all those playing a pivotal role in shaping the future of the banking industry.

With more than 2,000 participants including regulators, financial services and fintech leaders expected to attend; the event will explore financial services beyond digital and ways to navigate the current economic crisis, possible paths to recovery, and uncover new and exciting opportunities to drive positive change in the financial services sector.

30 per cent of applications were from UAE based firms, demonstrating a strong pipeline of financial technology talent within the Emirates. 46 per cent came from the MENA region and 24 per cent were received from global firms.

DIFC and Startupbootcamp Dubai facilitate an annual intensive three-month growth programme to support the business growth of start-ups and prepare them for operations and future scaling.

Startupbootcamp, FinTech Dubai completes its second cohort, raising US$2.8mn and […]