04/26/2022
Dubai’s ICD Explores Sale of $1 Billion IT Services Firm
Dubai is working on an ambitious plan to privatize as many as 10 firms to raise cash and revive its capital markets.
FinTech
04/25/2022
Careem Pay introduces digital wallets to UAE customers
Any UAE bank account can receive money from the digital wallet.
04/22/2022
DIFC-based fintech Tarabut Gateway receives DFSA licence
This licence marks the first time the DFSA has authorised a firm to provide account information services and payment initiation services activities
04/22/2022
MENA startups: $2.88bln invested in 2021, early-stage deal value doubled
New report says overall investment came close to quadrupling from 2020 to 2021
04/22/2022
Businesses need to think beyond cybersecurity and on cyber-resilience
A cyber-resilience strategy must be embedded into businesses at all costs
04/22/2022
Saudi’s start-up Retailo acquires Dubai-based online marketplace DXBUY
Acquisition follows recent investment round that raised $36mln
04/22/2022
‘Adopting Crypto in A Big Way,’ Binance Receives Bahrain License
Binance is already working to establish footings in the UAE.
04/21/2022
World Blockchain Summit breaks new grounds with its 22nd global edition in Dubai
Held under the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum, member of the ruling family of Dubai, the 22nd global edition of World Blockchain Summit (WBS) collectively hosted more than 4000 attendees
04/21/2022
Roland Berger at the forefront of crypto strategy consulting
Roland Berger is “taking a leading and courageous role towards the future of technology.
04/21/2022
Objectway in WealthTech100 list of tech companies transforming wealth and investment management and private banking
The global WealthTech market is projected to reach $11.9bn by 2030, according to FinTech Global.
04/21/2022
How UAE delivers innovative breakthroughs
As one of the world’s leading hubs for innovation, the UAE has plenty to look forward to
04/20/2022
Kaspersky opens new office in Saudi Arabia
Establishing this new office in the kingdom is a milestone in the company’s roadmap to protect over 400 million users
04/20/2022
Over 98% in UAE, Saudi believe business leaders would trust bots over humans in social decisions
Nearly all of the respondents in the UAE believe sustainability and social factors are more important than ever
04/19/2022
Banque Saudi Fransi selects Backbase’s Engagement Banking Platform
BSF will now be able to deliver an immersive banking experience, enabling instant digital onboarding of customers
04/19/2022
Derayah Financial CEO says it owns 20% of PIF-backed digital bank D360
With the planned introduction of single-stock futures trading in Saudi Arabia, Al-Shammasi stressed the importance of such a transition in enhancing the capital market.
04/19/2022
FAB teams up with IBM to hasten digital transformation
IBM’s team of experts will work with FAB to modernise existing applications and further enhance the digital footprint of FAB’s customers.
04/14/2022
FinTech growth and digital banks' risk appetite stoking stability concerns, IMF says
Neo banks and financial platforms are rapidly growing into higher-risk business segments, creating regulatory challenges
04/14/2022
Beckoning a new dawn for real-time payments in the UAE
The UAE has one of the world’s highest smartphone penetration rates and a young population that live a substantial proportion of their lives in digital spaces
04/14/2022
Partnerships that Bring Complementary Services and Technology Can Enable the Growth of Super-Apps in the MEA
Now super-apps – apps that combine many functions in a single application – are taking the proposition even further.
04/13/2022
Banque Misr in Egypt automates trade finance with Finastra
Banque Misr extends collaboration with Finastra, selecting Fusion Trade Innovation and Fusion Corporate Channels to boost its offering and attract new customers