The ADGM recently announced its detailed guidance on Digital Investment Managers, or Robo Advisory solutions. An important update is that in some cases, the FSRA will consider reduced base capital requirement of US$ 10,000 for Robo-Advisor firms that engage in Managing Assets. Watch this video to know more: Source Read this detailed article to for […]
Technology
Twitter CEO launches #YouthForGood initiative to promote the positive impact of the use of online platforms to the UAE youth
Twitter has launched a philanthropic initiative in the UAE on Monday led by its chief executive, Jack Dorsey during his first visit to the country. The initiative, #YouthForGood was created with the support of the UAE’s Youth Hub and the Minister of State for Youth Affairs, Shamma Al Mazrui, aims to support humanitarian and social […]
UAE cloud business is expected to gain AED 20 billion increase by 2022
Organizations are starting to invest in hybrid cloud environments as revenue from cloud business in the UAE is expected to increase by AED 20 billion by the year 2022, industry experts announced on Monday. The country’s public cloud spend is seen to multiply to more than AED 1.2 billion by 2022; creating 55,000 job opportunities. […]
Abu Dhabi and Dubai are among the top resilient cities globally
The global real estate advisor through the Resilient Cities Index tested cities’ ability to stand firm or adapt the technological, demographic, and leadership disruption facing global real estate today and in 10 years’ time. More importantly, the study rated that Abu Dhabi and Dubai will remain the most resilient cities event 10 years later until […]
Ministry of Finance signs MoU with ADGM and IBRD to establish the first International Technology Centre in the UAE
ABU DHABI, 1st May, 2019 (WAM) — The Ministry of Finance, MoF, today signed a Memorandum of Understanding, MoU, with Abu Dhabi Global Market, ADGM, and the International Bank for Reconstruction and Development, IBRD, to provide financial technology services, FinTech, to maintain an efficient growth in the financial sector. The MoU aims to establish an […]
Organizations in the MENA region are now investing in innovative applications for authenticating data sources
Nearly 66% of all organisations in Mena are investing in big data and analytics in 2019, says SAP Companies are now adopting innovative applications to segregate good data, which comes from reliable and authentic sources, to fully understand consumer behaviour and preferences to take strategic business decisions and offer customised services. How do businesses put […]