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FinTech

03/24/2023

Saudi Aramco signs deal with Samsung to localise industrial 5G communication networks

The MoU follows the recent launch of Aramco Digital Company, which aims to accelerate the digital transformation in the Kingdom, and the Middle East and North Africa (MENA) region.

03/24/2023

B2B spend fintech Qashio launches in Saudi with Alinma Bank

The two firms say it is the first time that a Saudi bank has joined hands with a fintech company to provide solutions to its corporate banking customers.

03/24/2023

Hub71 Startups Raise AED 4.5billion in VC as UAE Progresses to Become an Entrepreneurial Nation

By the end of 2022, our startups have raised more than AED 4 billion.

03/23/2023

Switzerland’s digital asset bank Sygnum opens Middle East hub in Abu Dhabi

Company will offer concierge-style services to high-net-worth clients

03/22/2023

nybl CEO participates in Dubai AI Advancement event

nybl is a deep-tech development company

03/21/2023

Turning UAE’s New Free Zone Into a ‘Gateway’ for Global Virtual Asset Companies

This also enables it to function as a purpose-built, innovation-enabling free zone in the virtual asset sector.

03/20/2023

Crypto news recap: RBI and CBUAE to Develop CBDC

peaking of adoption, RBI, and the UAE Central Bank sign a memorandum of understanding to develop a CBDC bridge for remittances and trade.

03/16/2023

Tarabut Gateway and Rain Bring Faster Fiat-to-Crypto Transactions to Bahrain

The introduction of this new feature is also in line with Rain’s strategy to provide a seamless crypto wallet experience for its MENA users.

03/16/2023

Saudi Arabia ranks first globally in digital information society 2023

The ministry passed three qualifying phases among more than 355 projects from more than 109 countries: official

03/15/2023

Dubai is committed to fostering ecosystem for innovation, ideas and entrepreneurship to thrive: Sheikh Hamdan

Amazon announces that products of 100,000 SMEs will be displayed on Amazon.ae by 2026

03/15/2023

Rain partners Tarabut Gateway for open banking API

Rain will make use of Tarabut Gateway’s open banking API to facilitate on and off-ramp transactions for users.

03/14/2023

UAE's Astra Tech scores Mastercard principal membership

Additionally, Astra is licensed to act as an acquirer, leveraging Mastercard's suite of products, including Payment Gateway, Tap on Phone, and Fraud & Cyber Security.

03/14/2023

Align Technology showcases Invisalign ModerateTM Package in the Kingdom of Saudi Arabia

At 17th Annual Conference of the Saudi Orthodontic Society

03/14/2023

Software AG and IBTech join forces to develop mission critical public safety system across the region

The partnership follows successful engagement by the two companies jointly in a leading megacity project in the Kingdom

03/10/2023

Zywa and Mastercard Join Forces to Empower Gen Z in the UAE

The payments app also provides oversight on their spending and saving habits, to help them build their financial literacy.

03/09/2023

Mashreq and i2c partner to enable digital payments in the UAE

The partnership aims to support the FinTech ecosystem in the UAE with unmatched speed, reliability, and security.

03/09/2023

BIBF launched Bahrain's first-ever educational institute on the metaverse

The BIBF Metaverse is also a networking and professional development tool that allows users to connect with peers and industry experts, attend virtual conferences and events, and acquire skills for success in the banking and finance industry

03/07/2023

Mastercard Supports Bahrain Banking Group With a Range of Services

Mastercard also has plans to support AUB in launching value-added services to enhance and differentiate AUB’s card propositions.

03/06/2023

Abu Dhabi's G42 to launch IPO for second subsidiary, presight.ai, in Dh1.8b issue

presight.ai is a holding company for AI-related entities in the G42 portfolio

03/06/2023

Banque du Caire launches “Tally” e-payments company, with $16.28mln paid-up capital

The launch comes in light of the bank’s strategy to expand in the field of digital transformation services

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