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Tag: fintech

Posted on 15/02/2024

Why the UAE must perform a diplomatic balancing act to achieve its global AI ambitions

The UAE is finding its footing as it positions itself to become a global artificial intelligence leader while maintaining its growing ties with China, after last week choosing to advance technology …

Posted on 15/02/2024

NY Federal Reserve Explains Why Consumers Use Buy Now Pay Later (BNPL)

The Federal Reserve Bank of New York has published a write-up on Buy Now Pay Later (BNPL) services explaining reviewing which consumers select this payment …

Posted on 15/02/2024

Kema, a UAE Fintech, Reports Closing Pre-Seed Round led by Speedinvest

Kema, a UAE fintech platform founded by ex-Mumzworld.com co-founder Michael Ghandour, has raised a $2 million pre-seed round.

Posted on 15/02/2024

UAE and India collaborate on Dubai market for Indian manufacturers and traders

The UAE and India have announced the establishment of a new market and trading platform for Indian businesses in Dubai.The initiative, Bharat Mart, was announced during this year’s World Governments …

Posted on 15/02/2024

PM Modi to inaugurate Bharat Mart in Dubai: What is it and why is it crucial for India-UAE trade?

Bharat Mart will serve as a warehousing facility for Indian MSMEs to trade in Dubai and work as a unified platform for Indian exporters to showcase their products in the Gulf nation.

Posted on 15/02/2024

AFS enter strategic alliance with Xpence to innovate SME financial management in Bahrain

This partnership was ceremonially inked at the Fintech Revolution Summit in Bahrain on February 14, 2024, and underscores a shared commitment to providing SMEs in Bahrain with advanced, secure, and …

Posted on 15/02/2024

AFS, Xpence tie up for SME financial management in Bahrain

Arab Financial Services (AFS) has partnered with Xpence to revolutionise financial management for small and medium enterprises (SMEs) in Bahrain.

Posted on 14/02/2024

The UAE at the forefront of fighting cybersecurity threats

In line with the UAE’s vision to lead in artificial intelligence (AI) by 2031 through its AI Strategy, every business must have a dedicated roadmap with cl..

Posted on 14/02/2024

Dubai: Attracting expats is critical for long-term growth of UAE’s economy, says report

Economic benefits of highly-skilled professionals include advancing knowledge transfers, enhancing innovation, raising consumer spending …

Posted on 14/02/2024

BP strikes deal with UAE oil giant in Middle East expansion

BP has struck a deal with the UAE’s state-owned oil company as the British energy giant deepens ties to the Middle East. BP is to form a joint venture with the Abu Dhabi National Oil Company (Adnoc) …

Posted on 14/02/2024

Dubai Customs thwarts a bid to smuggle 6.5 kg of hashish, 3 g of crystal meth

Hamid Mohammed, Director of the Inland Customs Centers Management, highlighted that this interception showcases the vigilance and expertise of Dubai Customs inspectors in interpreting body language …

Posted on 14/02/2024

Dubai Customs foil attempt to smuggle crystal meth and 6.5kg of hashish

Dubai Customs officers have arrested a man on suspicion of smuggling 6.5kg of hashish hidden inside his car at a land border checkpoint. Inspectors grew suspicious of the man, who appeared confused …

Posted on 14/02/2024

Dubai Leads Star Awards In The Middle East

The Middle East won big in the 2024 Forbes Travel Guide Star Awards, with Dubai leading the pack — the city earned the highest number of new Five-Star honors worldwide.

Posted on 14/02/2024

32 mega plans for Dubai in 2024: everything you need to know

Like all new beginnings, the city is brimming with possibility. The Dubai events calendar for 2024 is already shaping up with heaps of mega events, gigs and new venues. If you’re making plans, these …

Posted on 14/02/2024

FinTech in the GCC will contribute $500 per capita by 2030, research reveals

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Posted on 14/02/2024

Modi in UAE: What is Bharat Mart, the mega facility inaugurated by PM in Dubai?

Prime Minister Modi has inaugurated Bharat Mart, a warehousing facility, in Dubai on Day 2 of his UAE visit. This space, similar to China’s Dragon Mart, will provide Indian exporters a common platform …

Posted on 14/02/2024

What is Bharat Mart, India’s mega project in Dubai inaugurated by PM Modi

Prime Minister Narendra Modi on Wednesday inaugurated ‘Bharat Mart’, a warehousing facility for Indian MSMEs, in Dubai.UAE vice-president and ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, was …

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