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Tag: fintech

Posted on 24/01/2023

New UAE tax: Fashion, luxury brands rush to set up local shop as trade fees surge

The UAE customs recently announced lowering of the high value threshold for shipments imported into the UAE will be reduced from AED1000 ($272) to AED300 ($81) effective from January 1, 2023. A five …

Posted on 24/01/2023

Flat6Labs Ignite Cycle 4 in Abu Dhabi commences with strong representation

Flat6Labs, in partnership with DisruptAD, the venture platform of ADQ, today unveiled the 10 new start-ups that have been selected for the fourth cycle of the flagship Flat6Labs Ignite program. These …

Posted on 24/01/2023

Dubai Chamber of Commerce launches 4 new business groups

Read: Sheikh Mohammed issues decrees regulating Dubai Chambers. #Dubai Chamber of Commerce announces new sector-specific business groups for 4 economic sectors: Agribusiness, Furn …

Posted on 24/01/2023

Dubai Chamber launches 4 sector-specific business groups

The Chamber plans to increase the number of sector-specific business support groups to 100 by March 2023. Mohammad Ali Rashed Lootah, President & CEO of Dubai Chambers, said: “This latest raft of …

Posted on 24/01/2023

ILT20: Naveen-ul-Haq’s 5-38 wrecks table toppers Gulf Giants as Sharjah Warriors win

Naveen-ul-Haq was backed by Chris Woakes (2-11) and Junaid Siddiqui (2-18) as they bowled with clinical accuracy and bundle out Gulf Giants for 130 in 19.4 overs Sharjah had posted only a modest total …

Posted on 24/01/2023

US-Based Healthtech Startup Spike Is Enabling UAE’s Healthcare To (Safely) Leverage Information Provided By Wearable Health Devices

Built as an application program interface that can access all major wearable and internet of things providers, Spike’s platform helps medical providers gain access to an exhaustive user information …

Posted on 23/01/2023

Sharjah Shopping Promotions continues activities emirate-wide

The Sharjah Shopping Promotions (SSP), organised by Sharjah Chamber of Commerce and Industry (SCCI), announced its continuation of its activities and special offers in all cities and areas of the …

Posted on 23/01/2023

“We Got Funded!” Dubai-Based Tabby Raises US$58 Million In A Series C Funding Round

Tabby has become the first fintech startup in the GCC to receive funding from PayPal Ventures. Tabby, a Dubai-based shopping and financial services app, has raised US$58 million from Sequoia Capital …

Posted on 23/01/2023

Pine Labs Enters UAE to Enable Fintech Platform for Banks, Merchants

Merchant commerce omnichannel platform, Pine Labs announced that it has entered the United Arab Emirates (UAE) market.

Posted on 23/01/2023

Dubai Chamber of Commerce launches four new business groups

The aim is to promote the development of UAE-based companies and raise the profile of business group members in the international business community …

Posted on 23/01/2023

Sharjah Shopping Promotions still go on with unique activities emirate-wide

Sharjah: The Sharjah Shopping Promotions (SSP), organized by Sharjah Chamber of Commerce and Industry (SCCI), continue their activities and special offers in all cities and areas of the Emirate of …

Posted on 23/01/2023

Expo Centre Sharjah reveals 2023 event calendar

The Expo Centre Sharjah emphasised that the 2023 calendar has never been more special and distinctive, as it includes eight exhibitions and conferences to be organised in Sharjah for the first time …

Posted on 23/01/2023

DMCC, BSAF to boost UAE agri commodities trade with S.Asia

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – and the Bharat Subcontinent Agri Foundation (BSAF) …

Posted on 23/01/2023

Will Waiving Customs Duties on Industry Sector Revive Abu Dhabi’s Economy?

The recent significant step taken to waive customs duties on industrial inputs imported to the Emirate of Abu Dhabi effective January 15th, 2019, is yet a new testament to the concerted action …

Posted on 23/01/2023

UAE’s fintech Tabby secures $58mln in round at $660mln valuation

The round was led by Mubadala Investment Capital, Sequoia Capital India, STV, Arbor Ventures, and Endeavor Catalyst. PayPal Ventures, the global corporate venture arm of PayPal, also participated in t …

Posted on 23/01/2023

Dubai wins bids to host 232 business events in 2022

Dubai won 232 bids for hosting business events in 2022, almost twice as many as the previous year. It represented a 95 per cent growth in the number of successful bids from 2021 and a 92 per cent …

Posted on 23/01/2023

Beyonce launches $100,000-a-night Dubai resort’s next chapter

Beyonce performed to a VIP audience for a reported $24m and fireworks lit up the sky above the city’s famous artificial tree-shaped island.

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