DIFC Business in Dubai
Business UAE

DIFC TAPS MEVP AND WAMDA CAPITAL TO MANAGE PART OF FINTECH START-UP FUND

Dubai International Financial Centre has appointed Middle East Venture Partners and Wamda Capital to manage $10 million (Dh36.72m), part of its FinTech fund to support the growth of financial technology companies in the region, its governor said. MEVP and Wamda, two of the region’s biggest venture capital funds, will invest and oversee FinTech start-ups on […]

difc business formation
Business

DIFC DRIVES INNOVATION THROUGH LANDMARK AGREEMENTS AT GLOBAL FINANCIAL FORUM 2019

Dubai International Financial Centre, the leading financial hub in the Middle East, Africa, and South Asia (MEASA) region, today hosted the second edition of the Global Financial Forum, attracting 700 leading figures from across the financial services industry to hear expert insight from some of the sector’s biggest names. The Forum took place under the […]

Doing Business in Dubai
Business Dubai

Over 4,000 entrepreneurs supported with incentive packages worth AED 101 million

Dubai SME – the agency of the Department of Economic Development, DED, mandated to develop the Small and Medium Enterprise, SME, sector – has supported 4,227 Emirati entrepreneurs and provided a package of incentives and facilities worth AED101 million in 2018. The agency maintained its strategic focus on promoting innovative entrepreneurial ideas and initiatives. The […]