Latest news with #DubaiFintechSummit
Mid East Info
17-05-2025
- Business
- Mid East Info
Dubai Government Human Resources Department and ESCP Business School Sign Strategic Partnership Agreement with Emirates NBD to build the next Generation of Emirati Financial Sector Leaders
This unique partnership brings together the expertise of the private, public and educational sectors to deliver the Chief Financial Officer Program, designed to empower Emirati finance professionals The partnership reflects the long-standing commitment of both parties to developing Emirati talent to strengthen its industry leadership pipeline, while supporting the UAE to build its increasingly global reputation as an innovative finance hub and knowledge centre Dubai, United Arab Emirates,May 2025: In the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive of Emirates Airline and Group, and His Excellency Eng. Sultan bin Saeed Al Mansoori, Chairman of the Emirati Human Resources Development Council, the Dubai Government Human Resources Department and ESCP Business School – Dubai Campus, signed a Memorandum of Understanding (MoU) with Emirates NBD, the leading banking group in the Middle East, North Africa, and Turkey (MENAT) region, to launch a comprehensive program aimed at building the UAE's financial leadership pipeline. This initiative signifies the commitment of both parties in advancing Emirati talent and strengthening the UAE's position as a global financial hub. The memorandum of understanding (MoU) was signed during the Dubai Fintech Summit by Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD Group and His Excellency Abdulla Ali bin Zayed Al Falasi, Director General of the Dubai Government Human Resources Department. The signing of the Memorandum of Understanding was also witnessed by His Excellency Essa Kazim, Governor of the Dubai International Financial Centre (DIFC), and His Excellency Saeed Al Attar, Director General of the Executive Office of His Highness Sheikh Mohammed bin Rashid Al Maktoum. Their presence coincided with the celebration of the launch of a second financial initiative, the 'Dubai Financial Experts Programme,' a joint professional development program between the DIFC and the Mohammed bin Rashid Centre for Leadership Development. This program is designed to support mid-career Emirati financial professionals in their career advancement. The two new finance programs uniquely bring together the expertise of the private, public and education sectors to build a pipeline of UAE National finance leaders from the mid-managerial level up to the C-suite. Hesham Abdulla Al Qassim, Emirates NBD Vice Chairman and Managing Director, said: 'Our new CFO Program directly contributes to the UAE's strategic goals, including the Emiratisation of critical leadership roles, while strengthening our knowledge-based economy, and positioning the UAE as a global hub for finance leadership, fintech innovation and overall excellence.' Al Qassim added: 'This program builds on Emirates NBD's proven track record of Emirati talent development including our exemplary graduate programs, leadership development initiatives, and long-term partnerships with some of the world's leading tertiary institutions. We look forward to seeing this program deliver tangible outcomes for the UAE's finance sector and the broader nation.' Beyond financial sponsorship of the program, Emirates NBD will contribute capstone projects, ensuring practical relevance and real-world impact for participants. Emirates NBD will also provide invaluable professional insights and executive support, enriching the learning journey of all participants. His Excellency Abdullah Ali bin Zayed Al Falasi, Director General of Dubai Government Human Resources Department, said: 'We are extremely committed to identifying and nurturing the next generation of Emirati financial leaders. We will spearhead the selection of 30 exceptional finance professionals from across the government and private sectors to participate in this transformative program. We will collaborate closely on capstone projects to ensure they directly contribute to our national strategic priorities.' The program will be comprehensively promoted across key government and private entities, complemented by extensive outreach through Emirates NBD's digital marketing channels. Pr Bastian Dufilhol, Executive Director of ESCP Business School campus in Dubai, said: 'ESCP Business School, with its rich heritage dating back to 1819 and six campuses across Europe, is honoured to partner in this strategic initiative. We will design and deliver a transformative, five-month program in Finance, leveraging our internationally recognised faculty, cutting-edge curriculum, and immersive learning experiences, including coaching, mentoring, case studies and simulations, to empower the next generation of Emirati financial leaders. Our master's in finance has recently been ranked as the first in the world, which reflects our unwavering commitment to academic excellence and innovation in financial education. ESCP is proud to contribute to the UAE and Dubai's education strategy in this field.' About Emirates NBD: Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As of 31st March 2025, total assets were AED 1 trillion, (equivalent to approx. USD 272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion. Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region. Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE's main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE's Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.
Gulf Today
16-05-2025
- Business
- Gulf Today
Deal signed to strengthen UAE's position as a global financial hub
In the presence of Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive of Emirates Airline and Group, and Eng. Sultan Bin Saeed Al Mansoori, Chairman of the Emirati Human Resources Development Council, the Dubai Government Human Resources Department and ESCP Business School - Dubai Campus, signed a Memorandum of Understanding (MoU) with Emirates NBD, the leading banking group in the Middle East, North Africa, and Turkey (MENAT) region, to launch a comprehensive programme aimed at building the UAE's financial leadership pipeline. This initiative signifies the commitment of both parties in advancing Emirati talent and strengthening the UAE's position as a global financial hub. The memorandum of understanding (MoU) was signed during the Dubai Fintech Summit by Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD Group and His Excellency Abdulla Ali bin Zayed Al Falasi, Director General of the Dubai Government Human Resources Department. The signing of the Memorandum of Understanding was also witnessed by His Excellency Essa Kazim, Governor of the Dubai International Financial Centre (DIFC), and His Excellency Saeed Al Attar, Director General of the Executive Office of His Highness Sheikh Mohammed bin Rashid Al Maktoum. Their presence coincided with the celebration of the launch of a second financial initiative, the 'Dubai Financial Experts Programme,' a joint professional development programme between the DIFC and the Mohammed bin Rashid Centre for Leadership Development. This programme is designed to support mid-career Emirati financial professionals in their career advancement. The two new finance programmes uniquely bring together the expertise of the private, public and education sectors to build a pipeline of UAE National finance leaders from the mid-managerial level up to the C-suite. Hesham Abdulla Al Qassim, Emirates NBD Vice Chairman and Managing Director, said: 'Our new CFO programme directly contributes to the UAE's strategic goals, including the Emiratisation of critical leadership roles, while strengthening our knowledge-based economy, and positioning the UAE as a global hub for finance leadership, fintech innovation and overall excellence.' Al Qassim added: 'This programme builds on Emirates NBD's proven track record of Emirati talent development including our exemplary graduate programs, leadership development initiatives, and long-term partnerships with some of the world's leading tertiary institutions. We look forward to seeing this programme deliver tangible outcomes for the UAE's finance sector and the broader nation.' Beyond financial sponsorship of the programme, Emirates NBD will contribute capstone projects, ensuring practical relevance and real-world impact for participants. Emirates NBD will also provide invaluable professional insights and executive support, enriching the learning journey of all participants. Abdullah Ali Bin Zayed Al Falasi, Director General of Dubai Government Human Resources Department, said: 'We are extremely committed to identifying and nurturing the next generation of Emirati financial leaders. We will spearhead the selection of 30 exceptional finance professionals from across the government and private sectors to participate in this transformative programme. We will collaborate closely on capstone projects to ensure they directly contribute to our national strategic priorities.' The programme will be comprehensively promoted across key government and private entities, complemented by extensive outreach through Emirates NBD's digital marketing channels. Pr Bastian Dufilhol, Executive Director of ESCP Business School campus in Dubai, said: 'ESCP Business School, with its rich heritage dating back to 1819 and six campuses across Europe, is honoured to partner in this strategic initiative. We will design and deliver a transformative, five-month programme in Finance, leveraging our internationally recognised faculty, cutting-edge curriculum, and immersive learning experiences, including coaching, mentoring, case studies and simulations, to empower the next generation of Emirati financial leaders. Our master's in finance has recently been ranked as the first in the world, which reflects our unwavering commitment to academic excellence and innovation in financial education. ESCP is proud to contribute to the UAE and Dubai's education strategy in this field.' Emirates NBD (Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Turkey) region with a presence in 13 countries, serving over 9 million active customers. As of 31st March 2025, total assets were Dhs 1 trillion, (equivalent to approx. $272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of $4.54 billion.
Yahoo
15-05-2025
- Business
- Yahoo
Alona Shevtsova of Sends Highlights the Future of Responsible AI at Dubai FinTech Summit 2025
London, United Kingdom--(Newsfile Corp. - May 15, 2025) - Sends, a British payment provider, participated in Dubai FinTech Summit 2025, which occurred on May 12-13 at Madinat Jumeirah. Organised by the Dubai International Financial Centre (DIFC), the event draws over 9,000 attendees from 120+ countries, including top investors, founders, regulators, and fintech leaders. Sends To view an enhanced version of this graphic, please visit: Representing Sends, CEO Alona Shevtsova participated in a discussion on How regulators are shaping the future of AI in finance. The session addressed the balance between innovation and oversight in a rapidly evolving tech-driven industry. "Responsible AI is the future of finance. As AI rapidly transforms the financial sector, the role of regulators becomes crucial in setting ethical, transparent, and innovation-friendly frameworks. Clear and adaptive regulation protects consumers and market integrity and gives fintechs the confidence to build AI-driven solutions responsibly. Collaboration between innovators and regulators is the key to unlocking AI's full potential in finance," said Alona Shevtsova, CEO of Sends. This year's "FinTech for All" summit spotlights key topics such as AI, blockchain, digital economies, and sustainable finance. Sends showcases its latest innovations in cross-border payments, regulatory technology, and embedded financial infrastructure, underscoring its commitment to building a transparent, secure, and inclusive financial system. Given the growing influence of the Dubai Fintech Summit and the strategic role of Dubai as a fintech hub, it is expected to continue as an annual event, fostering innovation and collaboration in the financial technology sector. Sends is a valuable financial tool for both business and personal use. This spring, the company launched a zero-fee personal account opening offer. Learn more Contact Information For media inquiries or support, contact:support@ | contact@ Sends is a trade name of SMARTFLOW PAYMENTS LIMITED, registered in England and Wales (Company No. 11070048). Address: Office 39.18, Level39, One Canada Square, London, England, E14 5AB Marketing Department contacts: pr@ Contact: Anastasiia Pervushyna To view the source version of this press release, please visit Sign in to access your portfolio
Fintech News ME
14-05-2025
- Business
- Fintech News ME
Botim and Mbank Launch UAE's First Fintech-Integrated Jaywan Card
Astra Tech 's flagship platform Botim has partnered with Mbank, a digital bank in the UAE, to introduce the country's first fintech integrated Jaywan card scheme. The agreement was announced during a signing ceremony at the Dubai Fintech Summit. Through this partnership, Botim, powered by PayBy, becomes the first fintech platform in the UAE to issue Jaywan cards. The initiative supports the Central Bank of the UAE's efforts to establish a national payment system and aligns with the country's aim to reduce reliance on cash transactions. The new prepaid card service will allow Botim users to make digital payments across the Emirates without requiring a traditional bank account. Users will be able to apply for and activate their Jaywan card directly within the Botim app. Dr Tariq Bin Hendi, CEO and Board Member of Astra Tech and Botim said, 'The launch of the Jaywan scheme via Botim represents a strategic commitment to enhancing the accessibility and infrastructure of financial services in the UAE. By integrating this national payment solution into our platform, we are empowering users with greater financial autonomy and contributing to the UAE's digital transformation goals.' Mohammed Wassim Khayata, CEO of Mbank added, 'Our partnership with Botim to introduce the Jaywan card scheme is a testament to our shared vision of driving financial innovation and inclusion in the UAE. This initiative underscores our commitment to providing cutting edge digital banking solutions that meet the evolving needs of our customers.' The Jaywan card scheme, developed under the supervision of the Central Bank of the UAE and powered by Network International, is the country's first domestic card system. It is intended to strengthen financial sovereignty and provide interoperable local payment solutions. This addition builds on Botim's existing financial services, which include multi currency prepaid cards, global remittance capabilities, micro lending, and in app financial tools.
Fintech News ME
14-05-2025
- Business
- Fintech News ME
Emirates NBD and Nasscom Partner to Boost UAE-India Fintech Collaboration
Emirates NBD has signed a MoU with Nasscom, India's premier trade association for the technology sector. The agreement, signed during the Dubai Fintech Summit, aims to strengthen cross-border collaboration in financial technology and innovation between the UAE and India. The MoU outlines a framework to support the identification and integration of high-potential Indian fintech companies into the UAE market. It also encourages joint research and knowledge-sharing initiatives to drive innovation in financial services. The partnership comes as bilateral trade between the UAE and India reached US$83.6 billion in the financial year 2023–2024. According to Emirates NBD, the collaboration will contribute to the bank's efforts to improve digital banking services, increase operational efficiency, and offer more personalised customer experiences. Miguel Rio-Tinto, Group Chief Digital and Information Officer at Emirates NBD, said: 'By forging a digital bridge between the UAE and India, we are poised to unlock a wealth of cutting-edge solutions that will enhance our customer experiences and drive the future of financial services. We are excited to collaborate with Nasscom and leverage the immense potential of the Indian fintech ecosystem to unlock even greater value for our customers.' 'By combining India's vibrant fintech capabilities with the UAE's forward-looking financial landscape, we are setting the stage for a new era of co-innovation, digital transformation and inclusive growth.'
