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Digital Assets: Standard Chartered to Launch Crypto Custody Services in UAE

Standard Chartered (LON: STAN) has signed a memorandum of understanding (MoU) with Dubai International Financial Centre (DIFC) in order “to collaborate on digital assets, including digital asset custody.” Subject to regulatory approval, Standard Chartered plans “to launch digital asset custody services, starting in DIFC and… Read More

Dubai: DIFC Introduces Venture Building Platform to Support Growth of Startups

Dubai International Financial Centre (DIFC), the global financial centre in the MENA and South Asia region, officially announced the launch of its venture building programme, ‘DIFC Launchpad’. The initiative seeks to develop a strong venture building model “that promotes the growth of innovative start-ups and… Read More

DIFC Introduces Suggested Amendments to Real Property Law for Consultation

The Dubai International Financial Centre (DIFC), a global financial center situated in the MENA and South Asia region, has issued a consultation paper “proposing to amend the Real Property Law, DIFC Law No. 10 of 2018.” The Proposed amendments will aim to “facilitate the administration… Read More

State-Owned Dubai International Financial Centre Adds Over 2,000 Jobs, Records $139 Million in Net Profits

Dubai UAE Beach Camels fredrik-ohlander-unsplash

The financial sector in Dubai will be expanding at a gradual pace and only if there is enough demand for new platforms and services, according to the local financial district’s governor. The state-owned Dubai International Financial Centre (DIFC) began expanding its operations in 2019. It’s… Read More

Dubai International Financial Centre & Accenture Announces FinTech Hive at DIFC Accelerator Program

Dubai International Financial Centre (DIFC), the financial hub for the Middle East, Africa, and South Asia (MEASA) region, and global professional services company, Accenture, announced on Tuesday the launch of their FinTech Hive at DIFC Accelerator Program. The companies stated that the program is considered… Read More

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