DIFC fintech hive is getting bigger and better to foster innovation. This year the fintech hive has 22 start-ups into the accelerator with partnerships with 21 institutions. The fintech hive was started with Accenture in 2017 with 11 start-ups. Daily headlines from the UAE and around the world brought to you by Gulf News. See more at: http://gulfnews.com/videos
Category
🗞
NewsTranscript
00:00Hello and welcome to Gulf News daily business wrap-up. Today we'll talk about
00:05DIFC FinTech accelerator program. The DIFC FinTech accelerator program is
00:10getting bigger and better. This year it has a has about 21 startups compared to
00:1511 last year and the company's plan to raise more than 16 million dollars that
00:20it had raised last year. We just have 15 more days before British Parliament goes
00:25to vote on the Brexit deal. Remember that the deal will be put to vote on
00:29December the 11th. Analysts are saying that these chances of the vote going
00:36through are slim because of the fractured mandate that this deal
00:41currently has. US President Donald Trump is trying to play a hard ball before he
00:45meets his Chinese counterpart Xi Jinping. Remember they are planning to meet on
00:49the sidelines of G20 in Argentina. Trump expects to raise the import duty on 200
00:56billion dollars of Chinese goods to 25 percent from the current 10 percent. Let's
01:02see how these trade talks go over the weekend. That's it from me and thanks for
01:06watching.