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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.

Education

UAE: Parents can now attest school certificates in just 3 minutes

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The UAE has introduced a major digital upgrade for parents and students, with the Ministry of Foreign Affairs and Sharjah Private Education Authority launching a new system that allows academic certificates to be issued and attested online in just minutes.

    Activated through the Dalil platform, the service combines certificate issuance and attestation into one streamlined digital process, removing the need for families to navigate multiple platforms or complete separate applications.

    Officials said the move is part of the UAE’s wider Zero Government Bureaucracy Programme, designed to simplify services, reduce paperwork and create a better, more user-friendly digital experience.

    Previously, parents often needed to complete up to three separate procedures involving schools, the Ministry of Foreign Affairs and UAE missions abroad. Under the new integrated system, the entire process can now reportedly be completed in around three minutes instead of taking up to six working days.

    The platform allows users to issue academic certificates through SPEA while simultaneously obtaining attestations from MoA and the relevant UAE mission in the destination country through one unified digital window.

    Officials described the initiative as another step towards building a fully connected digital government ecosystem focused on convenience, efficiency, and smarter public services.

    The new service is expected to particularly benefit families applying for university admissions, overseas transfers, and official educational documentation both inside and outside the UAE.

    Why is certificate attestation needed?

    School certificate attestation is the official process of verifying and certifying the authenticity of a student’s educational documents. This ensures that academic records and other important certificates are legally recognised by authorities in the UAE.

    The process is often required for several key purposes, including school admissions, university applications, student visa procedures and confirming the validity of educational qualifications for use inside the country.

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    Forgot driving licence at home? UAE says digital copies are enough

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    Drivers across the UAE no longer need to carry printed driving licences or vehicle registration cards while on the road, after the Federal Traffic Council confirmed that officially issued digital versions are now recognised as complete legal alternatives.

    According to the Ministry of Interior’s Federal Traffic Council, motorists can use electronic driving licences and vehicle registration cards through official smart applications, including the MOIUAE app and local authority platforms such as TAMM in Abu Dhabi.

    The move is part of the UAE’s wider push towards digital transformation and paperless government services, allowing residents to access official traffic documents instantly through their smartphones.

    Authorities said traffic officers can easily verify licence validity and vehicle ownership details electronically through integrated smart systems, reducing the need for physical document checks.

    The UAE already allows residents to access a wide range of official documents digitally through platforms such as UAE PASS, while many drivers now choose electronic-only delivery for renewed licences and vehicle registrations.

    However, authorities stressed that drivers must still ensure the digital documents are accessible through official government-approved applications when requested during inspections.

    Under current traffic laws, failing to carry a driving licence or vehicle registration card can result in fines of Dh400 for each violation.

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    New roads, schools and flood systems coming to Abu Dhabi

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    Abu Dhabi Investment Office and Abu Dhabi Projects and Infrastructure Centre have announced a massive new wave of infrastructure projects worth Dh55 billion across Abu Dhabi.

    The projects, scheduled across 2026 and 2027, will introduce new roads, schools, healthcare centres, flood control systems and community facilities as the capital continues its rapid expansion.

    Dh35 billion allocated to roads and transport

    The biggest share of the investment is going into transport infrastructure, with around Dh35 billion earmarked for 11 major road developments.

    Plans include:

    • More than 300km of new roads
    • Upgrades to tunnels and intersections
    • Expanded traffic networks across the emirate
    • Improved connectivity to key residential and commercial areas

    For residents navigating heavy traffic around areas such as Yas Island and central Abu Dhabi, the upgrades are expected to ease congestion and improve travel times.

    New schools, healthcare and sports facilities planned

    The remaining Dh9 billion will focus on social infrastructure projects aimed at improving daily life for residents.

    The plans include:

    • New schools and universities
    • Specialised healthcare centres
    • Sports and recreational facilities
    • Community-focused infrastructure developments

    Officials said several earlier public-private partnership projects in Abu Dhabi, including Zayed City Schools and the emirate’s LED road lighting programme, have already received regional industry recognition.

    Flood control and drainage systems upgrade

    Another Dh11 billion will be invested into water infrastructure projects, including:

    • Stormwater drainage systems
    • Flood prevention networks
    • Water storage facilities
    • New dams and flood control infrastructure

    The move comes after severe weather and flooding events across the UAE over the past year pushed drainage and climate resilience higher up the national agenda.

    The latest announcement signals Abu Dhabi’s continued push to modernise infrastructure, support population growth and strengthen quality of life across the emirate.

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