June 29, 2021
Mamo the UAE-based FinTech, receives Innovation Testing Licence from DIFC
At Mamo, everything we do begins with an authentic human connection. Always with trust, traceability, and transparency at the top of the agenda, we’re empowering users, through our Mamo Pay app, with a simpler, faster, friendlier way to send and receive money instantly. With human principles driving everything we do, our ambition is to add value, strengthen the financial ecosystem.
June 27, 2021
SINOSURE the first ever Chinese insurer with its regional office at DIFC
SINOSURE’s presence in DIFC reaffirms the commitment to increasing trade and investment opportunities for Chinese companies across the Middle East and South Asia. Dubai is the ideal ecosystem for Chinese businesses looking to expand in the region and SINOSURE is confident that the presence at DIFC will unlock a vast array of opportunities and the stakeholders.
June 24, 2021
DIFC FinTech Hive makes Global Finance’s World Best Innovation Labs
The Global Finance recognises DIFC FinTech Hive’s work in FinTech innovation and markes on the list of the World’s Best Innovation Labs in 2021. This accolade is a testament of commitment in bringing together best partners, best minds and best technologies under one roof to drive forward the digital revolution, not just in Dubai, but across the wider region.
June 23, 2021
DIFC Innovation Month brings together 250 speakers from 40 companies
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.
June 16, 2021
Amazon Fintech Lab to foster innovation in payment services at DIFC Innovation Hub
The Amazon Fintech Lab has been designed with the specific intention of supporting innovation in fintech through networking and collaborating with DIFC’s community of SMEs, financial institutions and start-ups throughout an ongoing program of events during which different stakeholders and teams will be hosted in a variety of forums to discuss the different payment pain-points .
April 6, 2021
DIFC based DME introduces ACE – a new bilateral trading platform
Commenting on the announcement, Raid Al-Salami, Managing Director, DME said: “We are always looking to enrich our customers’ experience and enable them to benefit from what the market has to offer. ACE is a unique platform where it combines Futures and OTC in one transparent window for the very first time…
March 3, 2021
DIFC Employee Workplace Savings Plan reaches USD127 million
The success of the DEWS Plan is testament to DIFC’s position as the global financial centre in the region, and exemplifies the Centre’s sustained focus on enabling firms to attract and retain world-class talent in line with UAE’s National Agenda and Dubai Plan 2021. The DEWS plan is established as a Master Trust governed by Equiom.
February 27, 2021
DIFC Academy partners with EdAid to enable world-class digital education
The initiative supports the UAE Vision 2021 to build a competitive knowledge-based economy by developing local capabilities driven by sustained investment in education. It will become a catalyst for expanding and deepening Dubai and DIFC’s talent pool, whose acquired knowledge and skills will support the growth of more sustainable, inclusive societies and economies.
February 3, 2021
DIFC and Mastercard collaborate to enhance cybersecurity efforts globally
This partnership between DIFC and Mastercard will help boost cyber readiness and resilience across the financial industry, enabling effective cyber security oversight through the Dubai Financial Services Authority Threat Intelligence Platform. The Global Cyber Forward programme combines Mastercard's cutting-edge capabilities in cyber security with those of leading public sector organisations to create secure digital eco-systems.