10/26/2022
WhatsApp services down for thousands of users
Outage detection portal DownDetector has confirmed that the messaging app is not working
FinTech
10/25/2022
Dubai traces a digital path towards a smart future
The Digital Dubai initiative represents a vision to recreate the traditional top-bottom city management model into one that is representative and sustainable
10/24/2022
Egyptian fintech Telda lands $20m seed funding
The firm’s partnership with Mastercard also enables it to issue prepaid cards to its customers and facilitate transactions through Mastercard’s payment processing services. It has also partnered with Cairo’s Banque Du Caire and is regula
10/24/2022
Abu-Ghazaleh Global wins ‘Excellence in Supporting Digital Transformation in the Arab Region’ award
Presented by the World Union of Arab Bankers
10/21/2022
Lloyds Banking Group delivers its Innovation Sandbox
Will accelerate Lloyds Banking Groups’ collaboration with Fintechs and improve the digital products and services it offers to customers
10/20/2022
BisB launches corporate branding services for startups and SME’s
As part of the Bank’s strategic partnerships and collaborations with local universities
10/19/2022
G42 bolsters ecosystem with 15 strategic deals at Gitex Global
Deals with UAE and international firms underscore the power of collaboration
10/18/2022
UAE-based Wio Bank forms partnership with Stripe
Users can soon sign up on the Wio Business app, and be set up with a payment gateway to optimise payments within minutes.
10/18/2022
OneConnect launches SaaS solution OneCosmo, powered by Pismo, in the UAE
OneCosmo suite allows financial Institutions and fintechs in the region to build a wide range of digital banking capabilities, gaining flexibility and scalability
10/17/2022
DIB, MoI to implement a complete digital KYC journey
MoI Facial recognition project started in 2007 with a vision to develop a trusted and secure way to verify people identity remotely.
10/14/2022
Banque Saudi Fransi plans corporate venture capital fund
Rise of fintech sector in Saudi Arabia is pushing traditional banks to collaborate rather than compete with startups
10/14/2022
PwC Middle East signs with G42 to boost tech solutions
And launches digital twins focused paper at Ai everything x GITEX Global
10/13/2022
Emirates NBD enters next phase of digital partnership for technology co-creation with Microsoft
Agreement announced at GITEX Global strengthens collaboration with Microsoft on the hybrid workplace, low code, Web 3.0, sustainability, and employee wellbeing
10/12/2022
UAE fintech Mamo receives regulatory approval in DIFC
Mamo has built a reputation for being radically customer-centric, with incredibly fast product development times - often launching and announcing multiple new features in a matter of weeks - a refreshing approach from a regional start-up.
10/12/2022
Geidea Partners with Visa to accelerate digital payments across Egypt
Geidea’s strategic partnership with Visa promotes financial inclusion and digital transformation, aligned with Egypt’s Vision 2030
10/12/2022
Gitex 2022: Localisation is key to metaverse becoming mainstream – Sandbox co-founder
Virtual worlds will become mainstream if they localise and engage with local brands, said Sebastien Borget at GITEX Global 2022
10/12/2022
UAE leads in fintech sector regulations across Middle East, Turkey: Mastercard
Regulation of the fintech sector includes multiple facets, such as payments, remittances, equity crowdfunding, e-money and P2P lending
10/11/2022
Global Cybersecurity Leader eSentire Names Spire Solutions as its Exclusive Value-Added Distributor in the Middle East and Africa
Spire to provide eSentire’s award-winning 24/7 Managed Detection and Response and Incident Response Services across the regions through its channel partners
10/11/2022
OneConnect unveils OneConnect Smart Technology in the UAE
The intelligent marketplace aims to advance financial inclusion, enhance transparency, alleviate cost of finance operations for SMEs and improve the overall customer experience for SMEs and their funding partners.
10/11/2022
UAE fintech Mamo receives regulatory approval in DIFC
The licence has been granted by the Dubai Financial Services Authority, the independent regulator of financial services conducted in or from DIFC, to carry out the regulated activity of providing money services.