TWIG Solutions Ltd (“TWIG”), a financial technology start-up based out of Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has received an Innovation Testing Licence (ITL) from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from […]
Category: NEWS
Al Etihad Credit Bureau and DIFC Innovation Hub empower fintech startups in the UAE
Al Etihad Credit Bureau (AECB), a UAE federal company that provides information and analytics to support credit decisions, has signed an agreement with the DIFC Innovation Hub to foster the development of a partner ecosystem for startups across the UAE. The announcement was made at the Dubai FinTech Summit 2023 at the Madinat Jumeirah. The […]
RFI Foundation’s Global Virtual Innovation Hub opens applications for its fifth Responsible Finance FinTech Program Cohort
The RFI Foundation, the first global nonprofit principally dedicated to connecting the responsible finance and Islamic finance markets, has opened applications for its Responsible Finance FinTech Program. The successful cohort-based training program, which was launched in 2021 with support from HSBC, aims to help more FinTech companies in the Middle East, North Africa and Turkey […]
Online Marketing Gurus set to conquer Dubai’s digital marketing scene with global expansion
Online Marketing Gurus, a leading digital marketing agency, has announced their expansion into the Middle East market with the opening of a new office in Dubai. This move is part of the company’s global growth strategy, and positions Online Marketing Gurus to provide innovative and effective digital marketing solutions to businesses in Dubai and surrounding […]
‘We need better resources, processes, and technology to be cyber-resilient’: UAE & KSA security leaders
Despite a continued increase in cybersecurity spending in the region, organizations in the United Arab Emirates (UAE) and Saudi Arabia remain ill-equipped to face down the cyber-menace. This was the key finding in a global report released by Trellix, the cybersecurity company delivering the future of extended detection and response (XDR). End-of-decade CAGRs for the GCC […]
Dubai Land Department launches ‘Real Estate Innovation Incubator’ initiative to attract emerging international companies
Dubai Land Department (DLD), through the Real Estate Development Sector, has signed a cooperation agreement with Xclusiverse Technology Company to launch the “Real Estate Innovation Incubator 2023” initiative. The aim of this initiative is to attract emerging global companies in real estate innovation, and build the capabilities and skills of individuals and local companies in […]
Understanding the economic potential of the metaverse in the MENA Region
Although the metaverse is still in the early stages of development, it’s already possible to see its potential in areas like education, gaming, wellness and commerce. These opportunities, and others that will emerge as metaverse technologies are more widely adopted — opening up new markets and business models, creating better ways of working, and transforming […]
Realiste predicts a power shift in Dubai’s property market
Realiste, the UAE’s leading artificial intelligence company, has shared valuable insights into the Dubai real estate market for 2023. A key trend to watch is the competition between Indian and Chinese investors as major players in the market. According to Realiste’s sources, Indians emerged as the largest homebuyers in Dubai in 2022, purchasing property worth […]
Invest in Sharjah turns the spotlight on emirate’s impressive advancements across traditional, emerging and talent-based sectors
The Sharjah FDI Office (Invest in Sharjah) has emphasised to businesses, countries and regions represented at the 12th Annual Investment Meeting (AIM) that with impressive advancements in diversity, innovation and advancement across traditional, emerging and talent-based economic sectors, Sharjah is continuing its role as a regional powerhouse committed to empowering the global economy. Seven […]
DIFC-based TWIG launches region’s first automated savings platform after securing seven-digit investment and DFSA approval
TWIG Solutions Ltd (“TWIG”), a financial technology start-up based out of Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has received an Innovation Testing Licence (ITL) from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from […]