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.
FinTech
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
03/02/2023
National Bank of Kuwait launches Google Pay for its customers
Through this service, NBK Cardholders will be able to store NBK Credit and Debit cards within Google Wallet
03/02/2023
FinTech the backbone of the Islamic banking growth story
Over the last couple of decades, Islamic banking has grown rapidly due to the convergence of several factors
03/01/2023
Investments into DIFC’s fintech, innovation sector hit $615mln in 2022
Number of active DIFC companies in the sector also jumped by 36%
02/28/2023
Ras Al Khaimah to open world’s first free zone for digital and virtual asset companies
RAK Digital Assets Oasis will open for applications in Q2 2023
02/28/2023
Clavis Fintech Says Blockchain Will Simplify and Secure International B2B Payments
Dubai-based Clavis reveals that blockchain technology will modernize and speed up international B2B payments.
02/27/2023
Industry experts refute fintech market saturation in MENA
Experts say traditional banking systems are failing to meet consumer needs