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
FinTech
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.
06/08/2023
Dubai Islamic Bank selects IBM Consulting to accelerate data transformation
"As Dubai Islamic Bank accelerates its data transformation journey, we recognize the need to leverage industry-leading expertise to underpin our ongoing data and integration transformation efforts."
06/07/2023
Sheikh Maktoum meets with CEO of company behind ChatGPT
Duo discussed ways to bolster partnerships between the UAE government and OpenAI to foster the development of cutting-edge tech solutions
06/07/2023
QNB, CWallet sign agreement for banking services
"QNB always encourages innovation when it comes to enhancing the financial services that provide seamless and easier payment solutions."
06/05/2023
Dubai Islamic Bank launches DIB ‘alt’, consolidates digital offerings
DIB alt brings together more than 135 digital services via the DIB Mobile App, online banking, WhatsApp and ATMs
06/02/2023
Pay your bills through Bank Muscat Internet and Mobile Banking
Bank Muscat’s continuously upgraded Internet and mobile banking services offer customers a fast, comfortable and secure banking experience.