Napier, a London-based developer of anti-financial crime compliance software, has opened its first office in the Middle East at Dubai International Financial Centre.
Located in the Innovation Hub, part of the Dubai Future District, the RegTech company aims to expand its global footprint from its new UAE base, the company said on Wednesday.
“The world’s leading financial and FinTech institutions are based at DIFC and we are delighted to welcome Napier into the fold,” Salmaan Jaffery, chief business development officer at DIFC Authority, said.
“Our new Innovation Hub is the region’s largest and most comprehensive innovation ecosystem and provides FinTechs at all stages of their evolution with unparalleled access to a community of like-minded entrepreneurs, experts and technology innovators such as Napier."
Napier has overseas offices in North America, Australia, Singapore and Malaysia and already serves a number of major clients in the Middle East, including the Saudi Arabian Monetary Agency and the Central Bank of the UAE.
“DIFC is recognised internationally as a leading global centre for FinTech and building a presence here will enable us to better serve our clients operating both locally and in international markets,” Greg Watson, chief operating officer of Napier, said.
“Innovations in technologies to improve financial compliance are a key part of the huge ambition that we see across the UAE as it strengthens its position as a modern global financial hub, so it’s very important for us to be here."
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MATCH INFO
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GIANT REVIEW
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The Florida Project
Director: Sean Baker
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Four stars
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Director: Siva
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The UAE volunteers campaign can be reached at www.volunteers.ae , or by calling 800-VOLAE (80086523), or emailing info@volunteers.ae.
Results
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Winner Lamia, Tadhg O’Shea, Ernst Oertel.
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Winner MH Tawag, Bernardo Pinheiro, Elise Jeanne.
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MATCH INFO
Manchester United 1 (Fernandes pen 2') Tottenham Hotspur 6 (Ndombele 4', Son 7' & 37' Kane (30' & pen 79, Aurier 51')
Man of the match Son Heung-min (Tottenham)
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
When Umm Kulthum performed in Abu Dhabi
Known as The Lady of Arabic Song, Umm Kulthum performed in Abu Dhabi on November 28, 1971, as part of celebrations for the fifth anniversary of the accession of Sheikh Zayed bin Sultan Al Nahyan as Ruler of Abu Dhabi. A concert hall was constructed for the event on land that is now Al Nahyan Stadium, behind Al Wahda Mall. The audience were treated to many of Kulthum's most well-known songs as part of the sold-out show, including Aghadan Alqak and Enta Omri.
