Abu Dhabi Global Market (ADGM) has announced the official launch of ACCESSADGM, a fully digital, integrated online client portal.
Education, Government
Preparing young Emiratis in AI is vital for UAE’s future, says minister
Omar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.0 3597
Despite tech advancements, M&A remains a human activity, says experts
The fundamentals of merger and acquisition (M&A) deals in the GCC region have not been significantly affected by artificial intelligence (AI) and still rely on human cognition, according to experts at the recent accountancy and finance body ICAEW’s Corporate Finance Faculty roundtable.
Virgin Mobile Middle East closes $30M pre-IPO sukuk
Virgin Mobile Middle East and Africa has announced that it successfully closed a $30 million pre-IPO Exchangeable Sukuk.
Blockchain-based e-commerce initiative launches in Qatar
Fintech company QPAY has launched a major blockchain e-commerce initiative based on the ‘Ethereum’ blockchain platform in Qatar.
Saudi Arabia sees “largest fintech acquisition” to date
Gulf Capital has reportedly acquired a strategic stake in Saudi Geidea, a provider of electronic payment solutions and financial technologies in the Kingdom of Saudi Arabia.
Banks don’t want to be left behind in blockchain revolution: experts
Blockchain technology brings huge potential for banking behemoths to reduce costs while ensuring that their customers benefit from quicker and cheaper services.
EU calls for increased investments in AI
The European Union is targeting $24.4 billion of investment in artificial intelligence by 2020.
FinTech Hive programme now includes Islamic finance
FinTech Hive at DIFC has announced that its upcoming programme will expand its themes to include insurance, Islamic finance, and regulatory technology services.
Four billion people will be at risk to cyber-attacks by 2020
The annual cost of damages caused by cybercrimes is expected to reach $6 trillion by 2021, according to a recent industry report.
Emirates NBD achieves major IT transformation milestone
Emirates NBD has announced the launch of its own private cloud platform. The move is part of the bank’s ongoing AED 1 billion IT transformation.