DIFC and Ripple set to accelerate blockchain and crypto innovation in Dubai
DIFC Innovation Hub
Latest in DIFC Innovation Hub
Artificial intelligence
Dubai to attract over 600 new web3 ventures by end of 2023 with heavily subsidised commercial license
The latest move is seen as part of a well-calculated strategy to make Dubai a web3 hub for attracting global talent to make it a tech powerhouse
Artificial intelligence
DIFC sets up Dubai AI & Web 3.0 campus; will create over 3,000 jobs
The Campus, spanning over 100,000 sqft within the DIFC jurisdiction, will focus on the use of AI and Web 3.0 in the financial services industry
DIFC
Dubai fintech growth takes DIFC to record AED1bn year
Dubai International Financial Centre has introduced more than 1,000 new companies and saw revenues of of over AED1bn for first time
DIFC
Dubai fintech firms net $545m funding in 2022
Dubai fintech activity is booming, 3,000 applications sent to DIFC
co-working spaces
Dubai’s DIFC launches first residential offering, a live-work-play destination
DIFC Living and Innovation Two will be the first destination with independent yet connected residential and commercial uses
DIFC
DIFC records accelerating growth in first half of 2022
A total of 537 new entities registered in the first half of the year increasing the total number of operating companies in the financial centre to 4,031
Arif Amiri
DIFC launches region’s first open finance lab
The six-month programme includes banks, fintech players, regulators and the industry with the potential to unlock the next wave of growth for the sector
Blockchain
Crypto, blockchain to retain appeal in 2022; EMEA fintech investments rise to record $77 billion in 2021: report
Payments continued to attract the most funding among fintech sub-sectors, accounting for $51.7 billion in investment globally in 2021 – up from $29.1 billion in 2020
Artificial intelligence
DIFC launches UAE’s first AI and coding license to attract global experts
Companies holding the AI and coding license will be able to work within a stimulating environment at the DIFC Innovation Hub, which is the largest cluster of fintech and innovation companies in the region
DIFC Innovation Hub
Why Dubai is set to become a ‘flourishing’ fintech hub
Emirate’s innovative and open regulators are key in supporting sector growth, according to Stake CTO
AB Future of Work Forum
AB Tech Forum: Unlocking the digital economy
Arabian Business’ live events returns for their latest edition – the AB Tech Forum – to unpack the recent moves by the UAE to embrace and enhance its digital economy and how businesses can grab the opportunity of the future
DIFC Innovation Hub
Dubai ruler looking to ‘catapult Dubai’s economy to new heights’
Sheikh Mohammed recently approved the new board of directors of Dubai Chambers as part of efforts to enhance their contributions to Dubai’s economy, raise the level of support provided to emerging business sectors and accelerate innovation in the emirate
Alice Weightman
Dubai to attract up to 250 start-ups this year
There has been a surge in fledgling companies opening their doors in the city over the course of the Covid pandemic, according to Mohammed Alblooshi, sector head fintech and innovation at the Dubai International Financial Centre
DIFC Innovation Hub
Middle East’s commitment to innovation will propel fintech industry to the global stage
Governments in the UAE, Saudi Arabia and Bahrain have established initiatives such as the DIFC Innovation Hub and they have been able to establish a regulatory environment that supports fintech companies