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FinTech

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.

03/29/2023

Ride-hailer Careem in advanced talks with UAE's e& for Super App investment - sources

Careem began seeking outside investors last year to help finance its Super App, which offers services outside its core ride-hailing business such as food delivery, bike rentals, digital payments and courier services

03/29/2023

AI may affect 300 million jobs but will boost global economy and labour productivity

Adoption of artificial intelligence technology can increase annual GDP by 7% over 10 years

03/28/2023

Women in tech: Tatiana Rahal, managing director at talabat UAE

Women should appreciate their own value and emulate that belief in everything they feel, think, do or say

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

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