08/06/2021
Dubai crypto platform BitOasis sees over $1.5bn trading in H1
BitOasis says it has seen a doubling of its user base in the last six months compared to the same period last year
FinTech
08/06/2021
Bahrain’s ila Bank Launches Five New Digital Banking Features
It permits two shares for each user in a collaborative digital savings tool inspired by a longstanding regional tradition.
08/05/2021
Egypt: Fawry to acquires Banque Misr’s 15% stake in Fawry Plus
Fawry is an Egypt-based company that provides an electronic payment network.
08/05/2021
Banking access: Cryptocurrency promise for UAE's unbanked migrants - but not yet
Every month, 24-year-old parking attendant Ramesh Giri waits outside a money transfer office in Dubai to send $US600 in cash to support his parents and two brothers in Nepal.
08/05/2021
Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation
Tabby is one such service and clearly the most known in the region.
08/05/2021
UAE’s Payit partners with Platx for WhatsApp payments in the region
Merchants who enroll for this service can simply provide their WhatsApp enabled mobile numbers to their customers
08/04/2021
Dubai watchdog gives regulatory nod to mobile investment app
Which aims to open up US markets to Middle East retail investors
08/03/2021
ila Bank accelerates customer onboarding using the national eKYC platform
ila introduces a further simplified digital onboarding process, now requiring only one ID and a selfie, made possible by the Country's central eKYC platform and progressive digital infrastructure
08/03/2021
Saudi CITC pushes for more tech company listings on Tadawul
The CITC is aiming to enhance the investment environment in the telecommunications and information technology sector, the postal sector and delivery applications
08/03/2021
Fawry's OGM approves to buy Banque Misr, CIB stake in Fawry Plus
Fawry seeks to acquire Banque Misr's 14mln shares in Fawry Plus
08/03/2021
NBK Named Best Bank in “Innovation in Digital Banking” in the Middle East
The “Innovation in Digital Banking” Award recognizes the outstanding efforts made by institutions in the area of innovation and digital technology
07/30/2021
Predixa launches AI-driven diversity, equity & inclusion service
The analysis is bias-free, benchmarked and focuses on the most critical improvement areas – giving leadership a clear idea on the way forward.
07/30/2021
Cash on delivery drops 85% as consumer trust in digital payments continues to rise: Visa
Egyptian consumers increasingly stepping away from cash, and putting trust in digital payments during COVID-19, according to 2021 Stay Secure survey Cash on delivery payments have dropped 85% during the novel coronavirus (COVID-19) pandemic, as consumer t
07/29/2021
How Emotional Design fits inside a great CX
Reviewing the various research it’s easy to conclude that customers who have an emotional connection with a brand have a 300% higher lifetime value
07/29/2021
PROJECTS: Saudi to launch $15bln fund for tech investment
It will invest $3-4bln abroad
07/27/2021
Amazon eyes cryptocurrency; denies bitcoin acceptance rumours
Bitcoin's price rose above $40,000 on Monday, representing the first time the market has moved above that level since mid-June
07/26/2021
Leading digital asset hedge fund manager Nickel digital announces plans to focus on the Middle East
Nickel's clients include institutional investors, global wealth managers and ultra-high net worth individuals from around the world
07/26/2021
Legaltech startup "Clara" opens in Dubai following investment from DIFC FinTech Fund
VC-backed Clara catalysing the shift from a lawyer-led to a founder-led user experience, making legals fundamentally more efficient for startups
07/25/2021
Fintechs to drive M&A in Saudi banking sector - KPMG
Fintechs appeal to Saudi Arabia's young, digital savvy population
07/23/2021
New fully automated Custody platform for global operations in Axia Suite
Capitalising on international know-how, Axia Custody accelerates the communication by also supporting 2-Way Allegement functionality.