Dubai Financial Services Authority (DFSA) and Monetary Authority of Singapore (MAS) have entered into a deal to provide cooperation and referrals in the area of emerging financial technology.
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Dubai Signs Fintech Agreement With Singapore’s Monetary Authority
The Dubai Financial Services Authority (DFSA) has signed an agreement with the Monetary Authority of Singapore (MAS) that provides a framework for cooperation and referrals between the innovation team…
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StanChart to pilot smart guarantees in trade finance
… an industry-defining solution which we believe will transform the way guarantees are issued and processed in the UAE. Siemens Financial Services has been a key partner for us to build and develop …
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MAS Signs FinTech Partnership Agreement with Dubai Regulator
This Wednesday, the Monetary Authority of Singapore (MAS), Singapore’s central bank and financial regulator, announced that it had formed a partnership with the Dubai Financial Services Authority (DFS…
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Standard Chartered to pilot blockchain-based smart guarantees in trade finance
Dubai: Standard Chartered announced on Wednesday that in collaboration with Siemens Financial Services, the financing arm of Siemens, and TradeIX, a digital trade provider it will carry out a …
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UAE banking association says industry is robust and resilient
Dubai: The UAE’s banking sector remained strong and robust in 2017 with an uptick in growth on the back of strong economic momentum in the country, according to the 2017 annual report of the UAE …
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UAE banking industry stays robust in 2017: report
The UAE’s banking sector remained strong and robust in 2017 with an uptick in growth on the back of strong economic momentum in the country, said the UAE Banks Federation (UBF) in its annual report fo…
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UAE Startup Launches First-Ever Sharia-Compliant Islamic Crypto Exchange
Adab Solutions, a UAE-based crypto startup has announced the … it makes sense to encourage the growth of a financial system that does not depend on usury. In April 2018, CCN reported that …
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The arrival of blockchain and crypto explained: The legal case for UAE
the UAE has launched the UAE Blockchain Strategy 2021 pursuant to which, 50% of government transactions will be conducted using blockchain technology by 2021. The Financial Services Regulatory Authori…
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UAE indices bide time as fresh leads eyed
The Dubai Financial Market (DFM) General Index closed 0.41 per cent lower at 2,818.19 due to weakness in Emaar Properties, which fell 2.38 per cent to end at Dh4.92. Dubai Islamic Bank closed 1.59 …
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UAE seeks ‘flexible’ office space to manage financial risks
RELATED ARTICLES: GCC workforce demands more flexible office designs | Deliveroo’s new Sheikh Zayed Road office in Dubai fitted out | Abu Dhabi office market under pressure as rates drop UAE businesse…
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Aramco’s IPO delay carries silver lining for Riyadh stocks
Dubai: There is a silver lining for Riyadh-traded … in other Saudi stocks from what was set to be the world’s largest IPO. Listing Aramco would be “very positive long term, but at the …
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Rasia Increases Position in Fast Growing TerraCom Ltd
DUBAI, UAE, August 24, 2018 /PRNewswire via COMTEX/ — DUBAI, UAE, August 24, 2018 /PRNewswire/ — Special Situations Hedge Fund Sees TerraCom as Deeply Undervalued Rasia has been aggressively investi…
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Abu Dhabi Islamic Bank gets nod for $270m rights issue
ADIB said it will shortly announce the timetable for the rights issue following the approval of the Central Bank of the UAE and Securities and Commodities Authority.
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Emirates Islamic officials visit Expo 2020 Dubai site
As the Islamic Banking Partner of Expo 2020 Dubai, Emirates Islamic is aligned with Expo 2020 Dubai’s theme of “Connecting Minds, Creating the Future,” and is dedicated to providing innovative Islamic …
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Saxo Bank reveals 139% growth in UAE-based female traders
Saxo Bank, the Fintech specialist focused on multi-asset trading and investment, said its UAE-based female trader clients have increased by 139 per cent since December 2016. Women now constitute 10 pe…
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Study: UAE businesses seek flexible workplaces to mitigate financial risks
UAE business leaders and risk managers are adopting flexible real estate strategies to grow their company and mitigate against risk, according to a new study by International Workplace Group (IWG), th…
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