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It will implement measures to enable the incubation of new business ideas, sponsorship of entrepreneurs and reduced costs for scaling new businesses
Over 1,000 attendees, including fintech startups, investment firms, banks, and service providers, are expected to attend DIFC FinTech Week on June 28-29.
Over the next 5 years, over 20 studios will setup in the DIFC and are expected to launch over 200 new ventures.
New initiative will use venture studios to incubate 10 unicorns and 100 scale-ups in Dubai
Dubai International Financial Center, also known as DIFC, has launched what it claims is the world’s first venture studio platform exclusively focused on ubiquitous finance and digital asset technologies. Over the next 5 years, over 20 studios will be set up in the DIFC, aiming to launch over 200 new ventures, of which over 100 will be scale-ups and 10 will gain unicorn