Fintech
Licensed companies in Dubai’s financial centre up 6.2% in 1H17
The Dubai International Financial Centre (DIFC) has reported a 6.2% growth in the number of active licensed companies to 1,750 during the first six months of 2017.
Middle East | 3 Aug 17
Abu Dhabi and Kenya forge deal on African fintech
Abu Dhabi Global Market (ADGM) has signed a cooperation agreement with Kenya’s Capital Markets Authority (CMA) for the joint development of projects and initiatives in the fintech field.
DeVere CEO sells remaining STM stake to focus on fintech
The founder and chief executive of the deVere Group, Nigel Green, has sold his remaining 2% stake in the specialist Qrops provider STM Group.
Middle East | 15 Jun 17
Bahrain to lure fintech startups with regulatory sandbox
The Central Bank of Bahrain (CBB) is to create a regulatory sandbox so that startups and fintech firms can test their ideas and solutions and strengthen the Gulf state’s position as a regional fintech and financial services hub.
Human-robo combo has greatest chance of success
A combination of human and robo could be the answer for underserved Asian investors seeking low-cost technology-driven financial advice, a market that pure robo-advice providers have found hard to crack.