06/29/2023
UAE’s Vault unveils digital platform to endorse regional investment practices
Vault enables access to thematic and private investments such as VC, artificial intelligence, and private real estate.
FinTech
06/29/2023
Julius Baer Heads to Dubai in First Expansion of Crypto Ambitions Beyond Switzerland
Bank offers limited crypto-backed lending to select clients
06/28/2023
E& and Indosat tie up to provide world-class IDD services
Through this strategic partnership with e&, Indosat is exploring ways to deliver a world class experience to its customers in Indonesia, UAE and beyond by empowering them to use quality IDD services
06/28/2023
Abu Dhabi: A Wealthy Middle-East Capital Creating a Bridge From TradFi to Crypto
The United Arab Emirates’ hubs of Abu Dhabi and Dubai had identical scores for crypto regulatory structure and crypto adoption, two of the most heavily weighted criteria in the ranking overall.
06/28/2023
World Economic Forum predicts technologies set to shape the next five years
The Top 10 Emerging Technologies Report 2023 showcases the technologies selected by a panel of experts based on multiple criteria
06/27/2023
Israel’s tech sector troubles persist in 2023, state agency says
A number of tech firms have reported moving funds out of Israel, while foreign inflows have slowed sharply, New startups are increasingly domiciling abroad
06/26/2023
9 AI-powered tools for empowering CFOs unveiled at Health Magazine round table
The event showcased AI technologies for automating CFO tasks
06/23/2023
Qatar's QNB Group selects IBM to transform digital banking experience
The project aimed to deliver a seamless Digital Banking experience for QNB’s customers by implementing a futuristic Omni Channel solution
06/22/2023
Egypt’s first Islamic invoice financing platform Agel raises an undisclosed seven-figure pre-seed round
Agel an innovative contributor to Egypt’s 2030 vision of Financial Inclusion and Sustainability and UN Global’s Sustainability Developments Goals for MSMEs
06/20/2023
Banque Misr signs deal to launch Nexta banking app
Under the protocol, Nexta will offer its Visa prepaid cards issued by Banque Misr all over the country along with the application
06/20/2023
Jordan Ahli Bank taps Thought Machine for social payments app
Qawn runs on Vault Core, the cloud-native core banking platform built by the banking technology company Thought Machine.
06/20/2023
DIFC's AI and Web3.0 hub aims to attract 500 startups, create more than 3,000 jobs
New initiative by the Dubai International Financial Centre will be the largest cluster of AI and tech companies in the MENA region
06/19/2023
Egypt hires private company to develop digital services platform for SMEs
The Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) has partnered with digital platform developer eAswaaq Misr to manage, operate, and market Egypt's inaugural online services platform for SMEs.
06/14/2023
UAE’s Mashreq Bank is all set for an AI-enabled chatbot
As AI goes universal, good AI is all about helping consumers manage data better
06/13/2023
NymCard acquires Middle East BNPL firm Spotii
The integrated platform will serve both B2C and B2B markets seamlessly, enabling instant instalment options
06/13/2023
Artificial intelligence offers vast opportunities, poses its share of risks: M3 Capital executive
M31 Capital is a Shanghai-based private equity firm focusing on crypto-assets, cryptocurrencies and blockchain technology.
06/12/2023
Mastercard, NBK transform online checkout experience
The launch will enable more than 2,000 local merchants to benefit from revolutionary online
06/12/2023
Bank Albilad is the first Saudi bank to enable the Open Banking Services
According to the regulatory framework issued by the Saudi Central Bank “SAMA”
06/09/2023
Sheikh Hamdan launches Dubai Centre for Artificial Intelligence
The Dubai Centre for AI aims to train 1,000 government employees from over 30 government entities on the uses of generative artificial intelligence
06/08/2023
Middle East WealthTech Landscape Report 2023 - coming soon!
In addition, the region’s wealth managers must account for the next generations of wealth holders, Millenials and Gen Zs, who have higher digital demands.