Monday 26 July 2021

Financial services top digital transformation push

Financial services organisations are the most bullish of all sectors when it comes to digital transformation, according to new research by F5.   An industry-specific cut of the 2021 State of Application Strategy Report found that 100% of surveyed financial servi


DIFC invests in legaltech startup Clara

Dubai International Financial Centre (DIFC), a leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has announced that it has invested in UK-based legaltech startup, Clara.   Clara's innovative platform digitises and auto

More… Launches StoX – 0 Commission, the leading global multi-licensed broker operated by Key Way Markets Ltd, has launched its latest product StoX – 0 commission in the Middle East.    Regulated by the Abu Dhabi Global Market, StoX will enable clients to diversify their portf


UAE ‘leads Mena region in crowdsourcing industry’

The UAE is leading the Mena region in the crowdsourcing industry where public participation in issues of national importance, including health and education, is highly encouraged, said an industry expert.   “Crowdsourcing, or the practice of enlisting the recommendation


UK’s Napier sets up new Mideast office at DIFC

London-based Napier, a leading provider of advanced anti-financial crime compliance solutions, has opened a new office at Dubai International Financial Centre (DIFC), a global financial centre and FinTech hub in the MEASA region. Located in the recently inaugurated Innovation Hub


Global startup funding spikes 157% in Q2

The global startup funding has skyrocketed in recent quarters hitting new historical levels despite the economic effects of the coronavirus pandemic. The recent funding shows that the sector has recovered from the health crisis.   According to data acquired by


British Arab Commercial Bank announces major appointments

British Arab Commercial Bank (BACB), the international wholesale bank dedicated to specialist markets, has announced a series of key appointments to strengthen the bank’s leadership.    These appointments, that follow the naming of Eddie Norton to the


Vaccine inequity weakening global economic recovery: WHO

Covid-19 vaccine inequity will have a lasting and profound impact on socio-economic recovery in low- and lower-middle income countries without urgent action to boost supply and assure equitable access for every country, including through dose sharing, a report said. An accelerati


Global startup funding spikes 157% in Q2; tops $150bn

The global startup funding spiked 157% between the second-quarter (Q2) of 2020 and Q2 2021 from $60.7 billion to a record $156.2 billion, according to data acquired by Finbold,  a leading provider of the latest finance news. During the first half of 2021, the funding stood a


Hugh Fraser signs new legal alliances in UAE, Saudi Arabia

Hugh Fraser International (HFI), a specialist professional services firm, has announced the signing of four new legal alliances in key growth markets for HFI including one in Saudi Arabia.   Al Suweikat and Al Busaies Law Office in Al Khobar will support HFI cli

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