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Funding Continues to Surge as Second Edition of Dubai FinTech Summit Commences

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For the second consecutive year, Dubai will remain in the spotlight as it hosts the second edition of Dubai FinTech Summit, under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE and President of DIFC, which is set to take place on 6-7 May at Madinat Jumeirah.

Organised by Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, the Summit will bring together 8,000 decision-makers, over 300 thought leaders and more than 200 exhibitors to discuss the latest innovations and challenges and showcase cutting-edge technologies.

The global FinTech sector is rapidly growing and is predicted to be valued at USD 608bn globally by 2029, according to Mordor Intelligence, a market intelligence and advisory firm. Bucking the downward global market trend, the MENA FinTech market is expected to register a CAGR of over eight per cent during the period 2024 to 2029.

Dubai FinTech Summit will offer a platform for start-ups, investors and industry leaders to connect and capitalise on the growing FinTech market in the region and beyond. The MENA region’s FinTech start-up and venture capital landscape is booming, with over 800 FinTech start-ups worth USD15.5 bn, according to data by dealroom.co. Reflecting the ongoing transformation in the financial sector driven by Innovation, Inclusion, and Impact, the key themes this year will be Finance Renaissance, Ecofinance and Impact, Investment Vanguard, Regulatory Frameworks, Global Financial Dynamics and FinTech 2.0.

Mohammad Alblooshi, CEO at DIFC Innovation Hub, said: “Nearly 60 per cent of all FinTech companies in the GCC are currently based in Dubai. With the industry growing at an unprecedented rate, it is crucial for stakeholders to gather and discuss the challenges and opportunities that lie ahead. The Dubai FinTech Summit will bring together the most prominent figures in the industry, with an agenda that is aimed at driving innovation, inclusivity, and growth for all.”

With an impressive line-up of distinguished local and international speakers, the Dubai FinTech Summit will host a series of panel discussions and fireside chats. More than 20 governors of financial institutions will attend the summit this year, amongst them, H.E. Essa Kazim, Governor, DIFC, UAE; H.E. Dr. Philmnisi, Governor, Central Bank of Eswatini; H.E. Cheaserey, Governor National Bank of Cambodia; H.E. Martin Galstyan, Governor, Central Bank of Armenia; H.E. John Rwangombwa, Governor, National Bank of Rwanda; H.E. Prof. Edward Scicluna, Governor, Central Bank of Malta will participate in discussions during the two-day event. Adena T. Friedman, Chair & CEO of Nasdaq Inc; Nic Dreckman, CEO of Bank Julius Baer & Co.; Yie-Hsin Hung, President & CEO of State Street global advisors and Jim Demare, President global markets at Bank of America, along with many other global industry leaders will also be participating in the various sessions planned for the Summit. Notable local speakers include H.E. Abdullah bin Touq Al Marri, Cabinet Member & UAE Minister of Economy; H.E. Helal Saeed Al Marri, Director General, Department of Economy and Tourism, Dubai; H.E. Salem Humaid Al Marri, Director General, Mohammed Bin Rashid Space Centre, UAE; and H.E. Faisal Belhoul, Vice Chairman of the Dubai Chamber, Chairman of J&F Holding.

A key highlight of the Dubai FinTech Summit will be the Grand Finale of the FinTech World Cup (FWC). The champions of the FinTech World Cup will be announced on Day 2 of the summit with the winners securing an investment of up to USD 1 million. The competition is a growth-enabling initiative by DFS designed to encourage cross-border collaboration and stellar innovation, pivotal to transforming the global FinTech sector.

In line with the D33 Agenda to position Dubai as the top four global financial hub by 2033, the 2nd edition of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to transforming the global FinTech sector. It presents a unique opportunity to explore emerging FinTech trends and their potential to drive financial progress in the MEASA region.

The inaugural Dubai FinTech Summit attracted over 5,000 C-suite leaders from over 90 countries including north of 1,000 investors and more than 150 speakers. Over 20 Memorandum of Understandings were signed with global financial leaders during the Summit.

Announcements

Meta launches all-in-one subscription with AI tools across Instagram, WhatsApp and Facebook

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Meta has launched Meta One, a subscription service bringing premium features across Instagram, Facebook, WhatsApp and Meta AI, with plans in the UAE starting at Dh22.99 a month.

The service is part of the technology company’s wider push into paid products, combining enhanced artificial intelligence tools, creative features and professional services for creators and businesses.

Meta said the core versions of its apps and Meta AI would remain free, while subscribers would receive higher usage limits and access to additional features.

The company said Meta One launches with more than 50 features. It follows the introduction of individual subscriptions for Instagram, Facebook and WhatsApp, which Meta said have attracted more than 15 million subscriptions and trials.

More AI tools and creative features

Meta One’s individual plans, Core and Premium, offer greater access to AI-powered image generation, video creation using Meta’s Muse models, image editing, Instagram’s Restyle tools and voice effects.

Meta said its AI assistant would continue to be available for everyday use without a subscription. The paid plans are aimed at users who want more intensive access to AI-powered creative tools.

Early testing found that more than half of bundle subscribers used both AI and creative-expression features, according to Meta. Instagram Restyle and voice effects were among the features most frequently cited as reasons for subscribing.

The new bundles also include features available through the company’s individual app subscriptions.

Instagram Plus has added custom fonts for direct messages and Stories, notifications for specific Story viewers and DM previews. Facebook Plus includes Messenger customisation, expanded Reels insights and super reactions across Reels and Feed posts.

WhatsApp Plus is expected to test chat and media backup storage, as well as Focus Schedules, which allow users to mute or hide chats at set times.

Business and creator plans

Meta One also includes subscription tiers aimed at creators and businesses, offering professional profile tools, AI-powered customer engagement and expanded analytics.

Business subscribers can access enhanced profiles displaying details such as websites, locations and customer reviews. Other features include a prominent follow button on Reels and automated follow invitations for users who interact with content.

Businesses will also receive expanded access to Meta Business Agent, Meta’s AI-powered tool for handling customer queries around the clock on WhatsApp.

Higher-tier plans add features such as Story scheduling, exportable analytics, deeper audience insights, collaborative account management and expanded business messaging capabilities.

Meta said it plans to introduce further benefits over time, including Edits Plus, which is expected to offer additional cloud storage for syncing projects across devices and greater access to an upcoming assistant that can analyse Instagram insights and generate content ideas.

The company also plans to extend Meta One benefits to other products, including its Edits video-editing app and AI-powered smart glasses.

Meta One UAE pricing

Meta said Meta One plans are available globally, although features, pricing and availability may vary by region, app and account.

The UAE pricing announced for the service is:

Individual app subscriptions

  • Instagram Plus: Dh7.99 a month
  • WhatsApp Plus: Dh5.99 a month
  • Facebook Plus: Dh7.99 a month

Meta One individual bundles

  • Core: Dh22.99 a month
  • Premium: Dh76.99 a month

Creator and business bundles

  • Essential: From Dh46.99 a month
  • Advanced: From Dh119 a month
  • Expert: From Dh359 a month
  • Max: Up to Dh1,199 a month

The company said the subscription options are designed to give users more choice, while keeping its main social media services accessible without payment.

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Dubai airport launches five-minute international driving permit service

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Travellers can now apply for an International Driving Permit (IDP) at Dubai International Airport and receive it in as little as five minutes, authorities have announced.

The service, launched by the General Directorate of Identity and Foreigners Affairs – Dubai (GDRFA Dubai) in partnership with the Roads and Transport Authority (RTA), the Emirates Automobile and Touring Club and the Emirates Businessmen Services Center “Amer”, is available around the clock.

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It operates from the Customer Happiness Centre in the Terminal 3 arrivals building. The service is open to UAE citizens and residents.

Applicants must provide an Emirates ID, a valid UAE driving licence, a copy of their passport and a personal photograph.

According to GDRFA Dubai, integrated digital systems connecting the participating entities allow applications to be verified and approved instantly, with the permit issued in no more than five minutes.

Major General Khalaf Ahmed Al Ghaith, Assistant Director-General for Entry Permits and Residency at GDRFA Dubai, said the initiative was part of efforts to develop smart and proactive government services.

“The customer journey is an integral part of the smart travel ecosystem through proactive services delivered at the right place and time,” he said.

Ahmed Mahboob, CEO of the Licensing Agency at RTA, said the service demonstrated cooperation between government and strategic partners while providing an instant service at one of Dubai’s busiest locations.

He also confirmed that the service was available 24 hours a day, seven days a week.

The initiative forms part of Dubai’s wider digital-government strategy, which aims to simplify administrative procedures, improve service efficiency and provide more seamless experiences for residents, citizens and travellers.

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Odisha Wraps Up Three-Day UAE Investment Drive with Dh93.45B Proposals and 6,18,725 Employment Potential

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Odisha has concluded a high-impact three-day investment outreach in the United Arab Emirates with proposed investments of ₹ 243162 crore and employment potential of 618725, as the State intensified its global pitch for capital, technology, manufacturing partnerships and access to international markets.
Led by Hon’ble Chief Minister Shri Mohan Charan Majhi, the three-day programme across Abu Dhabi and Dubai resulted in 24 Memoranda of Understanding (MoUs) and Investment Intents (IIFs), following 52 On One investor meetings and Round Table engagements. The outreach brought together UAE-based investors, global business leaders, sovereign and institutional stakeholders, Indian diplomatic representatives and members of the Odia diaspora.
Dubai Roadshow: Odisha Pitches Its Next Growth Story
The concluding day centered on the Odisha Investors’ Meet – UAE 2026 in Dubai, attended by around 400 business leaders, investors and members of the UAE business community. The event provided a direct platform for Odisha to present its investment proposition and for global businesses to explore opportunities to establish or expand their presence in the State.
The day’s investment engagements covered Travel and Tourism, Logistics, Financial Investment, LNG storage, green energy, artificial intelligence and data centers, rare earths, ship repair, propellant manufacturing, fertilizers and chemicals, housing, steel and steel downstream industries and other emerging opportunities. Apart from Traditional Mines and mineral sectors, Processed food will be the biggest opportunity ,
CAZBAA Project Ventures FZCO signed an MoU for LNG storage. Rana Holdings Limited signed an MoU covering green energy, AI data centres and rare earths. Sharaf Group entered into an MoU in housing, while PTCL Infrastructure signed an MoU for steel and steel downstream industries.
Investment Intents were received from Dalwin Marine and Turbo Power Engineering for ship repair, Ion Technologies Pvt. Ltd. for a propellant manufacturing plant, and Agrifields FZCO for fertilisers and chemicals.
Alongside the roadshow, the Chief Minister held one-to-one meetings with leading UAE-based business leaders and investors, focusing on project opportunities, manufacturing footprints, value addition, technology partnerships and long-term investment in Odisha.

Following the Investors’ Meet, the Chief Minister also interacted with the Odia diaspora in Dubai, where more than 800 Odias extended a grand welcome to him. The gathering showcased Odisha’s rich cultural heritage through classical Odissi and traditional folk dances. Appreciating the vibrant cultural connect maintained by the Odia community in Dubai, the Chief Minister highlighted the diaspora’s important role in strengthening Odisha’s global identity and preserving its cultural heritage.
Three Days of High-Level Investment Engagement
The UAE outreach began in Abu Dhabi with high-level engagements with government, sovereign, institutional and business stakeholders. A major highlight was the strategic engagement involving International Holding Company (IHC) and Adani Group, covering opportunities across critical minerals and rare earths, metals and metallurgy, chemicals and petrochemicals, renewable energy equipment, healthcare, industrial infrastructure, tourism, skill development and other strategic sectors.
The first day also featured engagement with the Indian Business and Professional Group (IBPG), institutional discussions on investment and infrastructure opportunities, and a focused interaction with Borouge on the potential development of a petrochemical downstream ecosystem in Odisha.
The second day expanded the outreach across IT and ESDM, agro and food processing, steel and downstream manufacturing, logistics, skilling, rare earths, circular economy, chemicals and aluminium. MoUs and Investment Intents from a diverse group of companies broadened the pipeline of potential projects and partnerships.
The Chief Minister also held high-level discussions with UAE leadership and industry representatives and visited Emirates Global Aluminium, providing an opportunity to examine advanced aluminium manufacturing, technology and value-addition practices relevant to Odisha’s downstream industrial ecosystem.
From Investment to Execution
Chief Minister Shri Mohan Charan Majhi said Odisha is ready to move into a new phase of industrial growth built around value addition, technology, global partnerships and efficient project execution. He highlighted the State’s natural resources, competitive energy availability, strategic ports, industrial infrastructure, skilled workforce and established industrial ecosystem as key advantages for investors.
The Chief Minister emphasized that Odisha’s engagement with the UAE is intended to go beyond individual investments and build durable partnerships in manufacturing, trade, technology, exports, innovation, skills and entrepreneurship. He invited UAE businesses to make Odisha a preferred destination for their next phase of growth in India.
Industries Minister Shri Sampad Chandra Swain reiterated the Government’s commitment to ‘Speed, Certainty and Execution’, assuring investors of proactive facilitation and institutional support across the project lifecycle from investment intent and approvals to implementation and expansion.
A Strong Odisha–UAE Business and Community Connect
The three-day outreach brought together senior government officials, Indian diplomatic representatives and prominent business leaders, creating a platform for direct and sustained engagement between Odisha and the UAE business community.
Chief Secretary Smt. Anu Garg, ACS Industries, Home & I&PR Shri Hemant Sharma, Ambassador of India to the UAE Dr. Deepak Mittal, Consul General of India in Dubai Dr. E. Bishnu Vardhan Reddy, senior Government of Odisha officials and IPICOL representatives participated in the engagements.
The Dubai programme also included an interaction between the Chief Minister and the Odia diaspora. The gathering strengthened the cultural, social and economic connect with Odias living in the UAE and encouraged the diaspora to contribute to Odisha’s investment, entrepreneurship, trade and development journey.
Odisha’s One District One Product (ODOP) offerings were also showcased, adding a distinctive cultural and enterprise dimension to the diaspora engagement. Participants experienced the State’s diverse local products and the entrepreneurial potential emerging from its districts

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