12/01/2020
Bitcoin Soars to All Time High, Breaking Its Prior Record
Bitcoin is a natural safe haven for those seeking shelter from rapidly increasing central bank money printing and the inflation that everyone agrees is already increasing
FinTech
11/30/2020
Online portal for UAE economic substance regulation notifications to go live
The MOF said licensees that had already submitted notifications will now need to re-submit the notification via the portal.
11/30/2020
DIFC FinTech Hive continues to lead the innovation agenda in financial services through its latest digital cohort
17 successful start-ups from the fourth cohort of DIFC FinTech Hive accelerator programme have been chosen to showcase this year's most innovative technologies to potential investors and industry executives on 30 November 2020
11/30/2020
The Arab Monetary Fund reveals vision on the future of open banking
Banking as a service, banking as a platform and banks as third-party providers have been showcased and revenue-generating opportunities for traditional institutions have been presented.
11/30/2020
UAE, Saudi Arabia progress with common digital currency for central banks
Aber project results show that the distributed ledger technology would enable central banks to develop new payment systems
11/27/2020
FinTech Abu Dhabi Festival 2020 concludes with largest edition yet
The Awards elevate grassroots talent and celebrate the boldest ideas and initiatives driving the industry.
11/27/2020
Saudi Arabia joins forces with four nations to launch Digital Cooperation Organization
The DCO aims to strengthen collaboration among member nations as they adapt to a global economy increasingly defined by technological innovation
11/27/2020
Qatar Islamic Bank launches new features on mobile app
With this new service, customers can activate the Takaful plan on their chosen card through the app at a nominal monthly fee automatically deducted from the credit card balance.
11/25/2020
Dubai Government's big push towards a cashless society
The Group will launch a series of ambitious initiatives targeting all segments of the community to create the infrastructure
11/25/2020
Emirates NBD unveils global digital transaction banking ecosystem
The platform to simplify working capital management and streamline complex operations
11/25/2020
FSS to expand market footprint in Saudi Arabia
The growth is also poised to bring in disruption from new market entrants, emergence of expanded value chains and increasing demand for frictionless, personalized payment experiences from consumers.
11/24/2020
Digital can power ahead Qatar's renewable energy vision
Qatar's National Development Strategy until 2022 outlines the target of realising an average 8% reduction in electricity consumption
11/24/2020
Almarai working with McKinsey and SAP on digital transformation
Digital is a central part of Almarai’s plans
11/24/2020
QIB wins 3 awards at ‘The Digital Banker’s Global Retail Banking Innovation Awards 2020’
QIB has recently announced the results for the nine months’ period ended September 30, 2020.
11/24/2020
Department of eGovernment, Sharjah opts Dell Technologies Solutions to Champion Service Excellence
Department of eGovernment, Sharjah (DeG) opts for Dell Technologies' advanced cloud, software defined storage and hyper-converged infrastructure with Data Lake.
11/24/2020
Bahrain's Bidayatech starts MENA's first reward-based crowdfunding platform
The fintech will enable startups to create and launch a fundraising campaign through an assigned campaign page in the platform
11/24/2020
Saudi Telecom's digital payments business plans UAE, Kuwait and Bahrain expansion
Egypt was also being discussed, though the Gulf nations were the immediate target
11/24/2020
In-Depth Analysis of Abu Dhabi and Fintech in 2020
Abu Dhabi’s economy is expected to expand by 6 percent to 8 percent over the next two years, with the oil sector, financial services, government spending and foreign investment driving that.
11/24/2020
UAE's fintech industry can grow faster if on its own
Being tethered to monolithic financial institutions will slow down pace of innovation
11/23/2020
How Abu Dhabi aims to become a global hub for tech innovation
Advanced Technology Research Council collects top talent from around the world to put Abu Dhabi on the technology map