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FinTech

05/03/2018

UAB calls upon banks, Arab financial institutions to exert greater efforts to spread fintech, curb risks

It is necessary to utilise modern technologies to develop electronic financial services and reduce the use of cash, according to the union.

05/02/2018

ADFG's Algorythma launches next-gen investment management platform

Algorythma, part of Abu Dhabi Financial Group, has announced the launch of Investera, a next generation investment management platform.

05/02/2018

Bahrain's GFH buys majority stake in The Entertainer

Incentives provider offers lifestyle savings to consumers in 15 countries across the Middle East, Europe, Asia and Africa

05/02/2018

New Bank Joins Ripples Enterprise Blockchain Network

BankDhofar joined Bankchain which was a consortium made up of more than 27 banks and started in 2017 February for the exploration of Blockchain technology in the banking sector.

05/01/2018

UAE MoE launches programme to support innovative companies

The programme is in line with the Government Accelerators initiative, in partnership with government and private entities

05/01/2018

UAE cements position as regional hub for digital entrepreneurship

The outstanding investor response and rankings that Dubai and the UAE have received regionally and globally validate its knowledge-economy strategies as envisioned in the UAE Centennial Plan, said Sheikh Hamdan.

05/01/2018

New platform to help navigate UAE's free zones

The comparative online tool will help entrepreneurs and investors navigate free-trade zones

05/01/2018

SAMA launches Fintech Saudi initiative to enable financial technology sector

Fintech Saudi is expected to launch a number of workshops, educational and awareness activities targeting university students, investors, companies and banks to introduce the initiative and its contribution to a qualitative shift in the provision of finan

05/01/2018

UAE confirmed as regional hub for digital start-ups

New report says MENA digital start-ups attracted $650m in funding in 2017, with 76% based in the UAE

05/01/2018

Property platform taps interest for digital payment

Investors can use digital currency to buy a token and benefit from proceeds of a property portfolio

04/30/2018

QPQ unveils online AI networking platform

The first half of the event ended with a speech on pipeline AI and its benefits to members of QPQ International, by Michaud.

04/30/2018

Digital wallet industry offers a blueprint for the future of banking

Among emerging markets, China and India are leading the digital wallet revolution

04/29/2018

NBK launches 'Quick Pay' to make simple, fast and secure payments via Mobile Banking app

Al-Shoaibi: "We provide up-to-date services based on our customers' lifestyle needs"

04/29/2018

BCG and Silicon Foundry’s Alliance is Intended to Accelerate GCC Corporations into the Digital Innovation Era

This new alliance has been established due to the increased demand by corporations for connectivity to Silicon Valley, which is recognized as the hub of digital disruption and innovation.

04/27/2018

Cheque-Chain: National Bank of Dubai uses blockchain technology to prevent fraud UnveilsCheque-Chain: National Bank of Dubai uses blockchain technology to prevent fraud Unveils

This development was first reported by Arabian Business News on Saturday, April 21.

04/26/2018

Cryptocurrency Traders Use Old Gold to Interest Islamic Investors

A local start-up company is offering a gold-backed cryptocurrency.

04/26/2018

Blockchain startups to attract $3 billion in investments

Future Blockchain Summit will see ground-breaking local and international startups seeking to showcase their solutions, attract investments and disrupt industries.

04/26/2018

World Bank says service sector growth, digital investment could boost job growth in MENA region

Countries in the region, which have an abundance of oil reserves, have long relied on oil revenues for economic growth.

04/25/2018

SGG and Goodwin support the launch of Viola Fintech, a new financial technology fund

Viola Fintech is part of Viola , biggest technology-focused investment group in Israel with over $2.8 billion assets under management.

04/24/2018

The evolving use of mobile payment systems in Kuwait

The mobile payment technology comes handy to reduce physical robbery of money since payment is made online with less physical movement.

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