05/04/2023
Dubai is bolstering its global fintech hub status. Here’s how
The DIFC Innovation Hub has launched wide-ranging initiatives designed to nurture entrepreneurship and support startups
FinTech
05/02/2023
ROSHN banking on technology to deliver high-quality communities
The Public Investment Fund-backed giga-project which is building over 200 million sq. m of integrated neighborhoods, aims to increase the rate of homeownership to 70 percent within the next 10 years.
04/26/2023
Emirates NBD Priority Banking introduces Signature, an exclusive new proposition for the ultra-high-net-worth client segment
The invite-only proposition aims to offer an enhanced banking experience that matches the specific needs and objectives of ultra-wealthy customers maintaining an average balance of AED 7 million across deposits and investments.
04/26/2023
3 innovative financial technology companies in Turkey
FinTechs in Turkey operate in a wide area
04/26/2023
ADDED and Wio Bank to support growth of SMEs
Customers benefit from fast tracked application submission process and account opening
04/20/2023
Mastercard and DIFC to drive digital transformation by partnering with FinTech companies
The partnership will provide FinTech companies with access to Mastercard's network and expertise and DIFC's world-class financial ecosystem
04/19/2023
ADCB, Al Hilal Bank brings UK digital banking to UAE nationals
Nomo is part of BLME, a subsidiary of Boubyan Bank, and was set up to bring high-quality, Shari’ah-compliant digital banking to non-UK residents in the Middle East
04/18/2023
QFCA partners with R3 to boost Qatar’s fintech sector
The pair will also set up working groups to “observe new and emerging regulatory paradigms” and support the QFC’s deployment of DLT at a national level.
04/18/2023
Mbank partners with Dgpays to offer a digital wallet integrated with next-level financial solutions
The First of its Kind in the Nation
04/18/2023
Jordan Ahli Bank becomes first in the Middle East to integrate AI to customer service with "ahliGPT"
The pioneering step reflects the bank's vision to integrate AI into its operations and improve the quality of services
04/17/2023
574 cybercrime cases in Sharjah during 2022
The official said that electronic extortion is one of the most serious crimes at present, and it may push the victim to the brink of suicide.
04/13/2023
KPMG partners with Saudi SMEs Authority for third edition of Global Tech Innovator competition
Chance for Saudi tech innovators to pitch against global peers
04/13/2023
E-payment share in retail sector exceeds target as KSA pushes for cashless economy
This accomplishment comes from Saudi Arabia’s ongoing support and enablement of the financial sector over the past couple of years, reported the Saudi Press Agency.
04/11/2023
Forbes Middle East Unveils The Region’s Top Fintech Companies 2023
Egypt and Saudi Arabia comprise over 46% of the list, with eight and six entries, respectively. Bahrain, Iraq, and Morocco all recorded one entry each.
04/06/2023
MENA Fintech Association appoints Bryan Zhang, Co-founder of Cambridge Centre
For Alternative Finance, to Advisory Board (Academic)
04/05/2023
Al Baraka Bank to acquire 10% of Taly for digital payments within two months
The sources revealed that the bank is considering raising its stake in Al Tawfeek Financial Lease (AT Lease) to more than 10% during the coming period, explaining that the bank owns a current stake estimated at 7.5%.
03/31/2023
UAE bank selects Paymentology for digital card services
The collaboration comes as the UAE undergoes rapid digital transformation, with 52 per cent of consumers planning to go cashless by 2024, according to Visa.
03/31/2023
UAE based AI-powered full stack commerce and embedded finance firm Sterve forays into Oman
Sterve has got tremendous response in UAE where it is already working with more than 4000 businesses and their shopping webfront has reached to 450,000 end customers
03/30/2023
The CBB issues a new regulatory framework for digital tokens
Further developing the crypto-assets market
03/30/2023
Kuwait ministry warns against scammers using fake links to steal banking data
The ministry advised the public to make sure that the link they received ends with “moci.gov. kw”, not with “.net or .com” or any other domain extension.