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Dubai FinTech Summit to convene with more than 5,000 experts

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Dubai continues to solidify its reputation as a global hub for FinTech and Innovation ahead of the Dubai FinTech Summit taking place on 8 and 9 May this year under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; Deputy Prime Minister and Minister of Finance of the UAE; and President of the Dubai International Financial Centre.

Last year, investment in DIFC’s FinTech and innovation community exceeded $615 million and the total number
of active firms in the sector grew 36 per cent to 686.

The Fintech and Innovation sector in the Middle East, Africa and South Asia (MEASA) region is growing at pace with a market value forecasted to double in size from $135.9 billion in 2021 to $266.9bn in 2027 according to DIFC FinTech Hive’s 2022 FinTech Report.

The Dubai FinTech Summit will provide the perfect environment for connecting start-ups, investors and industry leaders tapping into this opportunity as they advance in the region and beyond.

Organised by DIFC, the leading international financial hub in the (MEASA) region, the Summit will bring together 5,000 global FinTech and technology experts to discuss innovations and challenges in the sector, as well as spotlight all things impacting the future of finance – from Web 3.0, Metaverse and Blockchain to decentralised finance,
regulation and policymaking, and the greater need for increased financial inclusivity.

Visitors will also be able to meet more than 100 FinTech exhibitors and join a series of panels and fireside chats. The Dubai FinTech Summit will take place at Madinat Jumeirah in Dubai.

The event will host esteemed local voices such as Abdullah Bin Touq Al Marri, UAE Minister of Economy and Essa Kazim, Governor of DIFC. The impressive roster of speakers at the summit include Bill Winters, Group CEO of Standard Chartered; Brad Garlinghouse, CEO of Ripple; Melissa Guzy, co-founder and managing partner of Arbor Ventures; and Michael Shaulov, CEO of Fireblocks; among others.

Currently home to 60 per cent of all FinTech companies based in the GCC, Dubai and DIFC is being recognised as a global centre for innovation, with its unique ecosystem and comprehensive approach to business, driving not only the future of finance but increasingly the future economy. As per MAGNITT, FinTech start-ups in MENA recorded a 183 per cent year-over-year growth in funding in 2021.

Highlighting the impact of the growing FinTech sector in the region, Mohammad Alblooshi, Head of DIFC Innovation Hub and FinTech Hive said: “The demand for FinTech services has grown significantly in the last few years, powered by digital technologies and innovation across sectors. In recent years, DIFC has successfully cemented its position as the finance and innovation hub in the MEASA region by offering the most comprehensive FinTech and venture capital environments. In line with its vision to drive the future of finance, DIFC has created lucrative opportunities for start-ups, global players, and unicorns to set up base in the Emirate.

“I’m confident that the Dubai FinTech Summit, organised by DIFC, will soon become the premier platform allowing us to capture the industry’s attention and fulfil our vision of making Dubai a new home for the future of FinTech and finance,” he said.

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Dubai airport welcomes travellers with special Dubai World Cup passport stamp

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Travellers arriving at Dubai International Airport are being greeted with a unique souvenir, a special stamp on their passports celebrating the Dubai World Cup 2026.

The initiative, launched by the General Directorate of Identity and Foreigners Affairs (GDRFA), marks the 30th edition (Pearl Jubilee) of one of the world’s most prestigious horse racing events.

A grand sporting celebration

The iconic Dubai World Cup will take place on Saturday, March 28 at Meydan Racecourse, drawing global attention from racing fans and elite stables.

This year’s event promises high-stakes action:

  • 100 horses from top international stables
  • Nine races across the evening
  • Total prize pool of $30.5 million

Spotlight on the main race

The highlight of the night is the $12 million Dubai World Cup race, sponsored by Emirates Airline.

Run over 2,000 metres on dirt, the Group 1 race will feature some of the world’s top thoroughbreds, including:

  • “Hit Show” – last year’s winner
  • “Forever Young” – UAE Derby and Saudi Cup champion
  • “Imperial Emperor”
  • “Meidan” – Super Saturday winner

A memorable arrival experience

The commemorative passport stamp adds a celebratory touch for visitors landing in Dubai, tying their arrival to one of the city’s biggest sporting spectacles.

With excitement building ahead of race day, Dubai is once again showcasing its ability to blend world-class sport with unique visitor experiences.

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Education

Dubai schools extend remote learning until April 3

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Private schools and early learning centres in Dubai will continue with remote learning until April 3, authorities have confirmed, as precautionary measures remain in place.

The Knowledge and Human Development Authority (KHDA) announced the extension on Friday, citing ongoing monitoring of conditions across the emirate.

Weekly review in place

The Ministry of Education UAE had earlier confirmed that distance learning for nurseries, public, and private schools will continue until April 3, with the situation under weekly review.

Authorities stressed that updates will be shared promptly as conditions evolve.

Return to classrooms under review

KHDA also noted that a flexible mechanism will be introduced, allowing private schools to request a return to in-person learning when appropriate.

These decisions will depend on:

  • Each school’s operational readiness
  • Student safety and wellbeing
  • Overall conditions across the education sector

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Rain in Dubai: Why your food and grocery deliveries may be delayed today

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If your food or grocery delivery is taking longer than usual, the reason lies in the severe weather currently sweeping across the city.

With heavy rains, strong winds, and thunderstorms hitting Dubai, Dubai Police has advised delivery riders to temporarily halt services during unsafe conditions, putting safety ahead of speed.

Safety first, deliveries later

Authorities have urged riders to avoid travelling during intense rainfall, especially in:

  • Flooded streets
  • Low-visibility conditions
  • Areas prone to water accumulation

This means many delivery services may be paused or significantly delayed, particularly during peak rainfall hours.

Why delays are necessary

Officials warn that riding in such conditions can be dangerous. Risks include:

  • Slippery roads and skidding
  • Poor visibility due to heavy rain
  • Waterlogged streets that can stall bikes

To reduce accidents, riders are being encouraged to wait until conditions improve before resuming deliveries.

Even taxis are running late

Taxi drivers have also been told to drive cautiously and avoid flooded areas, which could slow overall traffic movement across the city, adding to delays.

What you should expect

  • Longer wait times for food and grocery orders
  • Temporary service interruptions in some areas
  • Limited rider availability during storms

What you can do

  • Plan ahead and order earlier if possible
  • Expect delays and track orders in real time
  • Avoid placing urgent orders during peak storms

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