09/13/2023
Saudi Venture Capital invests $5m in VentureSouq FinTech fund
FinTech continues to be one of the largest, most dynamic and most consequential spheres of innovation in the world.
FinTech
09/13/2023
With AI to help, UAE employees want to say ‘goodbye’ to boring work: LinkedIn
Rather than see AI as threat, employees see it helping with jobs – and career advice
09/12/2023
Netzero named Saudi Arabia's most promising tech start-up by KPMG
To select the final winner, KPMG assessed six criteria, namely disruption and innovation, market potential, customer adoption, market traction and marketing, long-term potential, and pitch quality.
09/08/2023
Abu Dhabi research center launches Falcon 180B model to boost generative AI development
They are trained on huge datasets of text and code, and can be used for a variety of purposes, such as research, commercial applications, and education.
09/01/2023
Banking sector fintec major Zafin eyes $5bn market with early AI product launch in Middle East
Middle East is estimated to account for about 5% of the $100 billion global market opportunity globally in the AI-driven ‘pricing and promotion’ functions of banks
08/31/2023
UAE is poised to be a global leader in AI
The country could play a central role around AI and its regulation, says Mastercard
08/31/2023
Black Banx Backing Turkey’s Evolution Into Fintech Center
The fintech market for advanced technologies is expanding rapidly and entry into the market is expected to continue to increase.
08/30/2023
Middle East's digital economy to hit $780bn by 2030 and outpace global growth
The fourfold increase will be supported by favourable demographics, strong policy support, solid funding and rising innovation, UBS says
08/24/2023
Valu rebrands as part of its evolution into a universal financial technology powerhouse
Valu has consistently been at the forefront of innovation and a game-changer in the fintech space since its inception as the first BNPL platform in the MENA region.
08/24/2023
Banking sector fintech major Zafin to set up third global operational centre in Dubai
It is also in talks with Microsoft, its global partner for cloud operations, to explore the tech giant’s data centre spread out in the region for tie-ups for housing data related activities
08/23/2023
Shariah-Aligned Digital Currency, Islamic Coin, Collaborates with Republic Crypto
They have provided critical insights on devising Shariah-respecting distribution techniques and allocation methodologies
08/23/2023
Mashreq set to commence digital banking in Pakistan
The commencement of operations is announced roughly even months following the bank's NOC approval for digital banking in Pakistan
08/22/2023
New Saudi ‘insurtech’ rules will help ‘foster innovation’
The Kingdom’s fintech sector sees no sign of slowing up
08/22/2023
Commercial Bank of Dubai PSC : and PwC Middle East Join Forces to Elevate Customer Experience and Drive Operational Efficiency through AI Collaboration
The partnership focuses on elevating customer experiences and enhancing engagement through personalized AI-driven customer service solutions.
08/21/2023
‘Data-driven’ is how UAE, Gulf businesses should reshape themselves
Fast-track digital transformations or end up being less relevant
08/21/2023
Dubai's Mashreq to launch digital banking services in Pakistan
UAE bank completes incorporation in potentially high-growth market
08/18/2023
Bank Leumi to launch app with services in English
The new version of the bank's app with an option of English is expected to launch next week.
08/18/2023
Technology to help put e-commerce in the UAE on the growth path
From lifestyle retail to yacht rentals and more, stakeholders present positive trajectory
08/17/2023
Turkey's largest fintech Param acquires Czech BNPL Twisto for Europe launch
Twisto was acquired from Zip Co for an undisclosed sum.
08/17/2023
Improving Security and Accessibility at Core of DIB UAE PASS Integration Into ‘alt’ Services
DIB’s association with UAE PASS reaffirms its commitment to actively driving the adoption of technology.