Tagged: abu dhabi

May 18, 2020 @ 11:12 pm By Omar Faridi  |  

Payments giant Mastercard (NYSE:MA) has committed to a Memorandum of Understanding (MoU) with Hub71, a technology ecosystem based in Abu Dhabi Global Market Square that supports global Fintech initiatives and leading tech firms. As mentioned in the announcement, Hub71 is a flagship project of the… Read More

April 19, 2020 @ 10:20 am By Xu Gao  |  

China Encourages Innovation of Exhibition Industry On April 13th, the General Office of the Ministry of Commerce issued a circular on work related to innovating exhibition service models and cultivating new momentum for the development of the exhibition industry. The circular proposes to support cross-city… Read More

November 17, 2019 @ 3:09 pm By JD Alois  |  

Abu Dhabi is planning to introduce the region’s first Social Impact Bond, a financial tool that raises private investment to support high-impact social programs, under the Authority for Social Contribution – Ma’an. According to the Ma’an Authority for Social Contribution, the Social Impact Bonds will… Read More

September 22, 2019 @ 7:03 pm By JD Alois  |  

Fintech Abu Dhabi has partnered with the UAE Banks Federation (UBF) as the Strategic Industry partner of the upcoming Fintech Festival. Fintech Abu Dhabi is organised by Abu Dhabi Global Market (ADGM ) – the financial center in Abu Dhabi.  UBF is the leading industry… Read More

July 1, 2019 @ 3:40 am By Cali Haan  |  

A crypto scam featuring the image of the Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi, has been circulating on Facebook and may have conned thousands of people, local news outlet The National reports: “The fake news story scattered legitimate information, including factual details… Read More

September 17, 2018 @ 9:24 pm By Samantha Hurst  |  

Plug and Play and Abu Dhabi Global Market (ADGM) announced BNP Paribas, Boubyan Bank, Finablr Group, First Abu Dhabi Bank (FAB), and Riyad Bank have been selected to be the first five corporate partners to join the Plug and Play ADGM Fintech Innovation Platform based… Read More

August 28, 2018 @ 10:01 am By Samantha Hurst  |  

Modo, U.S.-based payments technology startup focused on creating interoperability between payment systems, announced on Tuesday it has teamed up with Etihad Airways to co-create a loyalty solutions program. According to the fintech, this new program is for the airline industry as part of the FinTech… Read More

June 30, 2018 @ 9:59 am By Cali Haan  |  

The Hong Kong Monetary Authority (HKMA) announced June 26th that it has signed a Fintech agreement with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), “to enhance collaboration between the two authorities with a view to encouraging and enabling innovation in… Read More

June 28, 2018 @ 9:36 am By Cali Haan  |  

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and its CEO Richard Teng have been very active in the blockchain and virtual currency spaces of late. Fresh on the heels of an announcement earlier this week that the FSRA /… Read More

June 26, 2018 @ 3:33 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries in ADGM, following the successful completion of a public consultation on the introduction of… Read More

April 30, 2018 @ 12:33 pm By JD Alois  |  

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published a consultation paper proposing a regulatory framework for digital assets. The document outlines rules for spot market activity, including exchanges and other intermediaries to be regulated by ADGM. “As the recognised… Read More

February 26, 2018 @ 11:24 am By Samantha Hurst  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced over the weekend it is opening applications for the third cohort of its Regulatory Laboratory (Reglab), with a theme focusing on enhancing access to financial services for the small-medium enterprise (SME) sector. According… Read More

November 15, 2017 @ 7:27 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is awarded “The Financial Centre of the Year (MENA)” for 2nd consecutive year by the Global Investor/ISF publication at the annual MENA Capital Markets Summit & Awards in Dubai. This accolade, presided by… Read More

October 30, 2017 @ 8:19 am By JD Alois  |  

The inaugural FinTech Abu Dhabi conference ended with several key initiatives designed to boost the Fintech sector in the region. The two-day event, which was held under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive… Read More

October 23, 2017 @ 10:10 am By JD Alois  |  

Abu Dhabi Global Market (ADGM) has announced two major initiatives: the launch of the ADGM FinTech Innovation Centre and a global partnership with world’s largest startup accelerator Plug and Play. These announcements were revealed at the inaugural FinTech Abu Dhabi Summit. These two Fintech projects… Read More

October 22, 2017 @ 8:39 pm By JD Alois  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has announced its second batch of Regulatory Laboratory or “Reglab” participants including 11 local and international Fintech startups. ADGM says the participants were selected from a pool of 22 applications for their Sandbox… Read More

October 21, 2017 @ 11:07 am By JD Alois  |  

The inaugural FinTech Abu Dhabi event will kick-off tomorrow (October 22nd) with a group of regional and international leaders from the global Fintech community. The creation of the event is in recognition of the growing importance of Fintech for financial centers and the financial services… Read More

October 19, 2017 @ 11:25 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and Al Ansari Exchange, a leading foreign exchange and worldwide money transfer company in the UAE, have established a new partnership to promote and support the growth of FinTech industry in Abu Dhabi… Read More

September 26, 2017 @ 1:08 pm By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, partnered with Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE with more than AED 122 billion in assets, to seek opportunities to collaborate and consult on initiatives to promote… Read More

September 25, 2017 @ 2:20 pm By Samantha Hurst  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced on Monday it has formed a new partnership with Abu Dhabi Islamic Bank (ADIB), a leading financial institution, to seek opportunities to collaborate and consult on initiatives to promote the growth and… Read More