Dubai Financial Services Authority

Revolutionizing Alternative Lending: Beehive's Technological Advancement

Retrieved on:

Thursday, December 7, 2023

It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.

Key Points:

It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.
The platform serves as the nexus where ambitious businesses converge with forward-thinking investors while creating a seamless channel for financial empowerment.
In their pursuit of excellence in innovation and technological advancement, Beehive recently signed off with UAE Trade Connect (UTC) as its newest member and second non-bank entity to join its consortium.
To discover more about how UAE Trade Connect transforms the trade finance landscape with cutting-edge technology, please visit uaetradeconnect.ae .

Revolutionizing Alternative Lending: Beehive's Technological Advancement

Retrieved on:

Thursday, December 7, 2023

It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.

Key Points:

It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.
The platform serves as the nexus where ambitious businesses converge with forward-thinking investors while creating a seamless channel for financial empowerment.
In their pursuit of excellence in innovation and technological advancement, Beehive recently signed off with UAE Trade Connect (UTC) as its newest member and second non-bank entity to join its consortium.
To discover more about how UAE Trade Connect transforms the trade finance landscape with cutting-edge technology, please visit uaetradeconnect.ae .

DIFC Champions Dubai as a Global Crypto Hub with Approval of XRP Under its Virtual Assets Regime

Retrieved on:

Thursday, November 2, 2023

Professional Services, Technology, Blockchain, Cryptocurrency, Finance, Fintech, XRP, Dubai Financial Services Authority, ETH, Dubai International Airport, VARA, DFSA, LTC, BTC, MENA, Ripple

Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services.

Key Points:

Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services.
Since the DFSA opened up external applications, XRP is the first virtual asset to be approved by the regime.
XRP joins BTC, ETH and LTC as the assets previously approved under the DFSA’s virtual assets regime.
Brad Garlinghouse, CEO of Ripple, said: “Dubai continues to demonstrate global leadership when it comes to the regulation of virtual assets and nurturing innovation.

Blue Ocean Financials Reports a 372% Rise in New Users in the First Quarter of 2023

Retrieved on:

Thursday, May 11, 2023

Crypto, Financial services, Cryptocurrency, Foreign exchange market, A.I, Android, National Futures Association, IOS, Dubai Financial Services Authority, Investment, Algorithm, Artificial intelligence, United Kingdom, Contract for difference, FSA, NFA, Environment, Energy, Metal

Over the past 18 months, Blue Ocean Financials has made significant investments in technology and product development, enabling the platform to become the industry standard for online trading.

Key Points:

Over the past 18 months, Blue Ocean Financials has made significant investments in technology and product development, enabling the platform to become the industry standard for online trading.
Over 250 financial assets, including forex, cryptocurrencies, precious metals, energy, indices, and equities, are available via CFDs from Blue Ocean Financials.
Blue Ocean Financials intends to keep investing in its people and technology as a developing fintech business.
A platform like Blue Ocean Financials also gives investors many alternatives for diversifying their portfolios across different asset classes.

Berkshire Hathaway Specialty Insurance Names Regional Leaders for Europe and the Middle East

Retrieved on:

Tuesday, May 2, 2023

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed two BHSI leaders to regional leadership positions.

Key Points:

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed two BHSI leaders to regional leadership positions.
He has more than 25 years of global insurance industry experience and has lived and worked in the UK, the U.S, and the Middle East.
In the Asia Middle East region, it underwrites on the paper of Berkshire Hathaway Specialty Insurance Company (BHSIC).
In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Dalma Capital Group Acquires The Global CIO Office: Creates Full Service Integrated Platform for Funds, Investment Banking and Wealth Advisory

Retrieved on:

Tuesday, December 13, 2022

Merrill (company), Wall Street, CIO, JPMorgan Chase, CIOS, Barclays, Prudential, National bank, NBAD, Outsourcing, Investment, Emirates NBD, Dubai Financial Services Authority, Dubai International Financial Centre, Dubai International Airport, Acquisition, Financial services, Film, Emirates

DUBAI, UAE, Dec. 13, 2022 /PRNewswire/ -- Dalma Capital Group, a global alternative investment management platform and advisor, has agreed to acquire The Global CIO Office, an independent, outsourced chief investment officer services business with a global network of investment professionals. The Global CIO Office will become the Dalma Global CIO Office, providing outsourced chief investment officer services to family offices seeking global strategic investment advisory services with true independence.

Key Points:

The Global CIO Office will become the Dalma Global CIO Office, providing outsourced chief investment officer services to family offices seeking global strategic investment advisory services with true independence.
Gary Dugan, Founder and Chief Executive Officer of The Global CIO Office will be joining the Dalma Capital Group in the newly established role of Chief Investment Officer of Dalma Capital and will be responsible for managing the Dalma Global CIO Office.
The acquisition of The Global CIO Office completes Dalma Capital's service offering and will create a full-service integrated platform for funds, investment banking and wealth advisory.
Dalma Capital Group is a group of companies that includes Dalma Capital Management Limited ("Dalma Capital") - a global alternative investment management platform and advisor with strong capabilities in fund and asset management, investment banking and, following this announcement, outsourced Chief Investment Officer solutions for professional clients.

Dalma Capital Group Acquires The Global CIO Office: Creates Full Service Integrated Platform for Funds, Investment Banking and Wealth Advisory

Retrieved on:

Tuesday, December 13, 2022

DUBAI, UAE, Dec. 13, 2022 /PRNewswire/ -- Dalma Capital Group, a global alternative investment management platform and advisor, has agreed to acquire The Global CIO Office, an independent, outsourced chief investment officer services business with a global network of investment professionals. The Global CIO Office will become the Dalma Global CIO Office, providing outsourced chief investment officer services to family offices seeking global strategic investment advisory services with true independence.

Key Points:

The Global CIO Office will become the Dalma Global CIO Office, providing outsourced chief investment officer services to family offices seeking global strategic investment advisory services with true independence.
Gary Dugan, Founder and Chief Executive Officer of The Global CIO Office will be joining the Dalma Capital Group in the newly established role of Chief Investment Officer of Dalma Capital and will be responsible for managing the Dalma Global CIO Office.
The acquisition of The Global CIO Office completes Dalma Capital's service offering and will create a full-service integrated platform for funds, investment banking and wealth advisory.
Dalma Capital Group is a group of companies that includes Dalma Capital Management Limited ("Dalma Capital") - a global alternative investment management platform and advisor with strong capabilities in fund and asset management, investment banking and, following this announcement, outsourced Chief Investment Officer solutions for professional clients.

GRC Today Summit Opens Next Week Amidst Growing Concern and Spotlight on Risk and Governance in the Financial Industry

Retrieved on:

Saturday, November 19, 2022

The GRC Today Summit agenda is set to be the stage of forward-looking discussions on the state and transformation of governance, risk and compliance, which the financial services industry must strive to adopt to thrive.

Key Points:

The GRC Today Summit agenda is set to be the stage of forward-looking discussions on the state and transformation of governance, risk and compliance, which the financial services industry must strive to adopt to thrive.
Speaking on the relevance of hosting the GRC Today Summit at such a time, Mohamed Daoud, Director Territory Business Development GRC, Moody's Analytics said: "Moody's Analytics Middle-East is pleased to participate in GRC Today Summit on 23 Nov 2022 in Dubai.
This annual event provides an opportunity to connect to the regional compliance communities and raise awareness of effective approaches to fighting financial crimes.
To express interest in attending the event, or to access the full agenda kindly visit the GRC Today Summit website.

Powered by DFSA License, CFS DIFC Limited Gears Up for Strategic Collaborations and Global Expansion

Retrieved on:

Friday, November 25, 2022

Dubai Financial Services Authority, Investment, Byword, Continental Group of Institutes, Insurance, Financial technology, DFSA, Woman, Trust, HNW, CFS, UHNW, Longevity, Renewable energy, Bank, DIFC

DUBAI, UAE, Nov. 25, 2022 /PRNewswire/ -- CFS DIFC Limited, a leading insurance intermediary and financial services provider, has secured the Dubai Financial Services Authority (DFSA) licence to advise on financial products and arrange deals in investments related to long-term insurance contracts. The financial hub's growing stature as a framework that facilitates global expansion and market collaborations encouraged CFS DIFC Limited to procure the DFSA license.

Key Points:

The financial hub's growing stature as a framework that facilitates global expansion and market collaborations encouraged CFS DIFC Limited to procure the DFSA license.
Founded in 1994, The Continental Group (CFS DIFC Limited) boasts a long pedigree in the insurance profession in the region.
Under the tutelage of Founder Ashok Sardana, the company has expanded to five countries, with over 250 staff operating from 10 offices.
"The Continental Group's entry into the DIFC opens opportunities for strategic collaborations.

REYL Finance MEA awarded "Best Overall Fund Manager - Regional/Global Reach" accolade by WealthBriefing

Retrieved on:

Thursday, November 24, 2022

GENEVA and DUBAI, UAE, Nov. 24, 2022 /PRNewswire/ -- REYL Finance MEA (part of the REYL Intesa Sanpaolo group) is proud to have been awarded the "Best Overall Fund Manager - Regional/Global Reach" accolade at the annual WealthBriefing MENA Awards for Excellence 2022 ceremony held in Dubai last night.

Key Points:

GENEVA and DUBAI, UAE, Nov. 24, 2022 /PRNewswire/ -- REYL Finance MEA (part of the REYL Intesa Sanpaolo group) is proud to have been awarded the "Best Overall Fund Manager - Regional/Global Reach" accolade at the annual WealthBriefing MENA Awards for Excellence 2022 ceremony held in Dubai last night.
Being awarded Best Overall Fund Manager further cements our strong reputation and underlines why our clients entrust us with their money.
REYL Finance MEA is licensed to advise, manage and distribute collective investment funds as well as provide fund administration services.
As of October 2022, REYL Finance MEA manages circa USD 4 billion of assets.