09/21/2021
Refinitiv awarded Best Islamic Data Provider 2021 by The Asset
The awards recognize the best Islamic banks and houses, as well as the deals that defined the industry during the review period.
FinTech
09/20/2021
UAE’s National Bank of Fujairah launches electronic trading platform
The new platform is available for both conventional and Shariah-compliant banking customers
09/20/2021
Egypt to sell minority stake in state payments firm
The government announced in 2018 it intended to sell minority stakes in nearly two dozen companies
09/19/2021
Czech Republic hopes to establish ‘strategic partnership’ with Saudi Arabia
Jakub Kulhanek says his country and Saudi Arabia have much to offer each other in a number of fields
09/17/2021
American-Ukrainian tech consultancy SoftServe launches in Middle East
Having established solid ground, SoftServe has now opened an operation in the UAE, which Semenyshyn describes as a “key economic hub for the region.”
09/16/2021
UAE startup Supy raises $1.5mln in latest funding
The round was led by UAE-based COTU Ventures and US-based Valia Ventures
09/16/2021
3 companies revolutionizing the Kuwait FinTech space
FinFirst digital platforms deliver a digital experience for auto loans, personal loans, car insurance.
09/16/2021
More Qatari banks likely to launch Apple Pay soon
While digital currency is being studied, it’s not the priority at the moment, but operating digitally is.
09/15/2021
Bilingual robots join Jordan’s Capital Bank retail workforce
The bank has deployed four robots across its key branches in Jordan, which it said has already reduced waiting time of customers.
09/15/2021
A never before opportunity to transform the world’s oldest and most relevant banking system
Real test for banks going forward, is to listen, learn and create deeper customer trust
09/14/2021
Dubai’s Klaim bags funding and wins tech innovation competition
“This is a severe problem impacting the industry since capital tied up with insurers cannot be invested in improving the quality of healthcare,” said Klaim co-founder and CEO, Karim Dakki.
09/14/2021
Egypt's B2B e-commerce startup Capiter raises $33mln Series A
Co-led by Quona and MSA, the round will power Capiter's rapid expansion into digital financial services
09/13/2021
MENA-specific wealth management platform caters to digital native asset holders
The platform has been developed to meet the rapidly expanding needs of the Middle East’s digital native wealth owners, marking a first for investors.
09/13/2021
Zurich in the Middle East rebrands with new website to connect better with customers
Zurich.ae now features a refreshed and modern design, with a simplified user interface, helping customers make informed decisions about their financial future
09/09/2021
Bahrain plans multimillion-dollar data hub to boost digital transformation of Arab world
A new multimillion-dollar regional data center is set to be built in the Kingdom of Bahrain
09/08/2021
4 of the top FinTechs in Egypt that are flourishing in the financial sector
Much of this is accredited to a batch of policy level shifts. For example, last year, a new Egyptian Central Bank Law was put in place.
09/08/2021
Bahrain's cashless transactions reached $3.62bln in H1 2021
Transactions in August alone reach $744mln, up by 50% compared to last year
09/08/2021
CyberSec Consulting’s founder Anuj Jain admitted to Forbes Council
CyberSec Consulting has over the past 2+ years grown into a team of 50+ cyber consultants and technologists, serving some 250 clients and partners across the Middle East, Africa, Levant and India.
09/07/2021
Israel’s fintech community readies for ‘dramatic’ changes in banking sector
Though banking giants are kicking and screaming about open-banking reforms, non-bank entities stand ready to offer services at competitive rates
09/06/2021
Saudi Arabia ranks 2nd in digital competitiveness among G20 countries
On June 30, DGA approved the first regulatory framework of the digital government.