Articles with tag: dubai

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Dubai SME introduces smart dashboards to promote procurement programme

01 Sep 2020 | E-invoicing, SCF & E-procurement

Dubai SME has introduced two smart dashboards to enable local startups to benefit from the Government Procurement Programme.

Dubai SME, smart dashboard, procurement, Government Procurement Programme, startup, SME, local economy, supplier, government, GPP, UAE, equity, Emirati, companies, Dubai Government tenders

Japan-based digital gift card marketplace expands in the Middle East

18 Aug 2020 | Cards

Japan-based Amaten, a digital gift card marketplace, has announced plans to expand its brand across the world, starting with Dubai.

Amaten, Japan, Dubai, Middle East, gift cards, marketplace, blockchain, merchants, digital gift card

Dubai International Financial Centre partners with a Chinese fintech platform

27 Jul 2020 | E-invoicing, SCF & E-procurement

Dubai International Financial Centre (DIFC) has signed a MoU with Jiaozi Fintech Dreamworks, a China-based fintech innovation and entrepreneurship platform.

DIFC, fintech, China, Dubai International Financial Centre, Dubai, MoU, Jiaozi Fintech Dreamworks, China, innovation, entrepreneurship, Middle East, Africa, South Asia, MEASA, UAE, Belt and Road, partnership, People’s Bank of China, banks

Turkey plans to expand ecommerce to MENA region

16 Jul 2020 | Ecommerce

Turkey has announced plans to increase its export market share in the Middle East and North Africa. 

Turkey, Middle East, North Africa, ecommerce, Turkish E-commerce Association, Dubai Chamber of Commerce, Boyner, So Chic, Paşabahçe, Noon, Jumia, Carrefour, Jeeblee, Danube, Lulu

Mobile payment service PayBy ties up with uPay to extend its reach in UAE

10 Jul 2020 | Mobile Payments

UAE-based fintech PayBy is partnering with payments app uPay to expand its reach to more than 850 uPay self-serve kiosks across the UAE.

PayBy, uPay, mobile payments, UAE, United Arab Emirates, payment kiosk, Abu Dhabi, Dubai, ecommerce, online payments

Commercial Bank Dubai teams up with Thunes

26 Jun 2020 | Payments General

Commercial Bank of Dubai (CBD) has partnered Thunes, a cross-border payment provider, to facilitate transaction flows between the UAE and the rest of the world.

Commercial Bank, Dubai, Thunes, partnership, remittances, cross-border, payments, transactions, UAE, India, Philippines, Pakistan, Bangladesh, banks, mobile wallet, CBD, CBF Mobile App, online banking, banking

UAE consumers go cashless as trust in digital payments surges amid COVID-19

22 Jun 2020 | Online Payments

Dubai Police, Dubai Economy (DED), and Visa have released data regarding shifts in the UAE-based consumers’ payment behaviour amid COVID-19. 

UAE, Dubai Police, Dubai Economy, (DED), Visa, payment behaviour, COVID-19, survey, in-store shopping, online shopping, digital payments, contactless cards, mobile wallets, digital wallets, cash on delivery, contactless payments, data privacy, biometrics, Apple Pay, Samsung Pay, Gen Z, tokenization, cart abandonment, merchants, ecommerce, local currency, SSL

Wahed secures USD 25 mln in investment round

11 Jun 2020 | Payments General

US-based fintech Wahed, a digital Islamic investment platform, has closed a USD 25 million investment round led by Saudi Aramco Entrepreneurship Ventures.

Halal, fintech, startup, Wahed, Saudi Aramco, digital, Islamic, BECO, CueBall Capital, Dubai Cultiv8, Rasameel, Saudi Arabia, US, UK, Indonesie, Nigeria, india, CIS, Malaysia, Malaysian Securities Commission, Islamic Robo Advisory, Islamic ETF

Dubai International Financial Center invests in four startups

11 Jun 2020 | Payments General

Dubai International Financial Center has invested in four startups through its USD 100 million Fintech Fund.

Dubai, Dubai International Financial Center, fintech, startups, FlexxPay, Rise, Now Meny, Sarwa, Fintech Fund, Middle East, Africa, South Asia, financial

Ecommerce project Dubai CommerCity to open by the end of 2020

26 May 2020 | Ecommerce

The Dubai CommerCity project, a free trade zone for ecommerce that aims to be a hub for online retailers, has been scheduled for opening by the end of 2020.

UAE, Dubai CommerCity, ecommerce, Dubai Airport Freezone Authority, Dafza, Wasl, DED Trader licences, online shopping, free trade zone, COVID-19

Jingle Pay to extend in UAE

22 May 2020 | Payments General

Dubai-based fintech startup Jingle Pay has announced bringing neobanking to the Middle East, starting with its home turf of the UAE. 

Dubai, startup, Jingle Pay, Middle East, digital banking, neobanking, neobank, UAE, mobile wallets, payments, onboarding, AML, Indonesia, Philippines, GCC

DubaiStore marketplace launches to facilitate SMBs to sell online

26 Mar 2020 | Ecommerce

A new UAE ecommerce marketplace platform created by Digital Economy Solutions (DES) has gone live, to facilitate SMBs to sell their products online.

markeplace, DubaiStore, retail, SMBs, B2C, B2B

Emirates NBD to use LiquidX's network to sell commodities

12 Mar 2020 | E-invoicing, SCF & E-procurement

US-headquartered network for illiquid assets LiquidX has revealed that it has added Emirates NBD to its network.

Emirates NBD, LiquidX, LiquidX platform, financial institution, liquid commodities, trade finance, Singapore, United Arab Emirates, Dubai

IKEA to enable customers pay for goods using time in Dubai

25 Feb 2020 | Ecommerce

IKEA has announced plans to enable customers pay for goods with their time, the more time customers spend travelling to IKEA, the more they can buy.

IKEA, commerce, goods, customers, Dubai, campaign, retailer, user experience, Google Maps

Dubai launches instant bank account opening facility

20 Feb 2020 | Payments General

The Department of Economic Development in Dubai has established a blockchain consortium with six UAE banks, whereby investors be able to open bank accounts instantly.

Dubai Economy, United Arab Emirates, KYC, blockchain, banking, investment, KYC (Know Your Customer) Blockchain Consortium, bank consortium, Emirates NBD, Emirates Islamic, HSBC, RAKBANK, Abu Dhabi Commercial Bank, Commercial Bank of Dubai.

Farnek launches new e-procurement portal

24 Oct 2019 | E-invoicing, SCF & E-procurement

UAE-based facilities management company Farnek has officially launched a new online e-procurement portal.

Farnek, e-procurement, tendering process, facility management, product launch, e-procurement platform, contract tracking, e-procurement process, United Arab Emirates, Dubai, B2B payments, business process automation

Emirates NBD signs MoU on blockchain trade finance solutions in Dubai

15 Oct 2019 | E-invoicing, SCF & E-procurement

The Dubai Chamber of Commerce and Industry has signed a memorandum of understanding (MoU) with Emirates NBD on trade finance solutions.

Emirates NBD, The Dubai Chamber of Commerce and Industry, Dubai, United Arab Emirates, MoU, memorandum of understanding, trade finance, blockchain, trade finance solutions, Digital Silk Road,

UAE ecommerce transactions to reach USD 16 bln in 2019

29 Jul 2019 | Ecommerce

Ecommerce transactions in the UAE are forecast to total USD 16 billion in 2019 and grow 23% annually between 2018 and 2022, according to a joint study by Dubai Economy and Visa.

UAE, ecommerce, study, Dubai Economy, Visa

Dubai chamber to offer ICC, Perlin blockchain trade finance

03 Jul 2019 | E-invoicing, SCF & E-procurement

Dubai Chamber of Commerce has partnered with the International Chamber of Commerce (ICC) and blockchain startup Perlin to offer trade finance solutions.

Dubai Chamber of Commerce, International Chamber of Commerce, ICC, Dubai, United Arab Emirates, Perlin, blockchain startup, trade finance solution, ICC Blockchain/DLT Alliance, Middle East and Africa, MENA, Centre of Future Trade

Digital identity: Dubai completes first phase of UAE PASS initiative

23 Apr 2019 | Digital Identity, Security & Online Fraud

Smart Dubai has integrated seven government entities into the UAEPASS platform, completing the first phase of the programme.

smart city, digital identity, UAE PASS, digital identity platform, Dubai, app