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Maktoum Bin Mohammed Officially Inaugurates DIFC Innovation Hub Date 26/05/2021 DIFC Innovation Hub is the region’s first ecosystem dedicated to bringing the FinTech and innovation community together to shape the future of finance and the economy • DIFC Innovation Hub to have over 1,000 knowledge workers, adding to Dubai’s reputation as the region’s leading hub for talent • 80,000 sq. ft. space at the facility already fully utilised; Hub to expand by 50 per cent this month to meet demand • DIFC Innovation Hub is home to 350 innovation companies; number of firms increased 29 p...

DUBAI, 25th May 2021 (WAM) - H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, today officially inaugurated the DIFC Innovation Hub located in the Gate Avenue. The facility is part of the new Dubai Future District ..

Senate leaders pushing for legalization Senate leadership on Tuesday unveiled legislation to create a comprehensive tax and regulatory structure that legalizes cannabis in the State of Rhode Island. If enacted, a Cannabis Control Commission would oversee a competitive and accessible licensing structure that would generate tax revenue through the sales tax, a special sales tax, and a local sales tax. The bill has the support of Senate President Dominick Ruggerio, according to Senate spokesman Greg Pare. The legislation, which will be sent to Senate Judiciary Committee, legalizes the possession...

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Dubai: As online services witness an uptake amongst UAE customers, banking is fast becoming digital, according to BCG [Boston Consulting Group] According to a recent BCG report, the use of digital banking channels has increased significantly across the UAE during the pandemic, with 42 per cent more customers using online banking and 65 per cent more using their respective banks’ mobile app more often. Consumer expectations This year, consumer expectations have shifted to include simpler interfaces and journeys, digital-first experiences, data-driven personalized offerings, and frictionless,...