ADGM Employment Regulations set to change from 1st January 2020

adminStandard

New ADGM Employment Regulations will come into force on 1st January 2020. The change in legislation follows a public consultation that was held earlier this year and will repeal the ADGM Employment Regulations 2015. Some of the biggest changes include: Discrimination: The anti-discrimination provisions are expanded to include colour as a protected class. In addition, the Rules provide that where … Read More

UAE named the largest FinTech hub in MENA

adminStandard

According to a report by Abu Dhabi Global Market (ADGM) and MAGNiTT, $237 million dollars has been invested in MENA-based FinTech startups since 2015. FinTech has received 181 investments over 5 years, accounting for 10% of all venture investment deals across MENA. Other key points from the report include; FinTech Investments: 2017 was the breakout year for FinTech investments across … Read More