06/27/2022
DigiDoe launches operations in Qatar
DigiDoe has put the world’s central and commercial banks firmly in its sights
FinTech
06/26/2022
Bahrain in talks for cloud computing, FDI deals
Bahrain, which since 2018 has hosted a large AWS centre - the first in the Middle East, has introduced a "data embassy law"
06/24/2022
Saudi Arabia aims to increase digital transactions to 70% by 2025
The strategy seeks to increase the number of FinTech companies operating in Saudi Arabia from 82 to 230 by 2025
06/23/2022
Saudi Arabia to raise FinTech companies by threefold under new strategic plan
The ministry of finance said in a statement that under the new FinTech strategy the number of firms is expected to increase from 82 to 230 by 2025.
06/22/2022
Qatar National Bank launches open banking suite
QNB is the first bank in Qatar and one of the first in the region for launching Open Banking services.
06/22/2022
State of Open Banking in Europe, Africa and the Middle East
Many of the central tenets of OB have their origins in the free-market economics and open-source software movement of the late twentieth century.
06/22/2022
Arab Tunisian Bank Goes Live on Temenos to Power Sustainable Growth
Temenos open platform for composable banking frees the bank from legacy constraints to accelerate product delivery and digital expansion
06/21/2022
Visa, FAB and DBWC launch global 'She's Next' initiative in UAE
UAE women business owners are invited to apply for one of five USD10,000 grants, and one year of coaching from IFundWomen with networking and mentoring opportunities
06/21/2022
Qatar National Bank launches open banking platform for fintechs
“The ultimate goal of open banking is to increase efficiency, enrich functionality and put user experience to the next level.”
06/20/2022
NBK receives “Data Transformation” award at AI and Analytics Summit in Dubai
The award reflects the bank’s successful strategy to build a digital culture with internal capabilities that are knowledgeable in AI and Data Analytics
06/20/2022
Regulation, (Competitive) Risk and Resilience Dominate the EMEA Transformation Agenda
Another key theme for the industry over the last decade or so has been regulation.
06/17/2022
DeFi and crypto assets adoption by family offices is expected to be the route for the institutional capital
The digital assets adoption, stock market situation, and the crypto winter are to be discussed at The Wealth Today Summit in its forthcoming edition by experts from ADGM, Kraken and TDeFi
06/17/2022
Global fintech Ascenda announces partnership with Banque Saudi Fransi to power JANA Rewards program in the Middle East
With more than 340,000 cards in circulation, this new strategic partnership is set to disrupt the traditional cashback era in the market and deliver unparalleled consumer value and choice.
06/17/2022
CoinMENA receives provisional licence from Dubai’s Vara
This will allow CoinMENA to continue its business operations in Dubai while it undertakes the in-depth process of applying for a licence, in accordance with Vara requirements.
06/17/2022
Tech company Flytxt hires adviser to find new investors
Flytxt provides artificial intelligence and data analytics to companies to track and predict customer behaviour.
06/16/2022
EFG unit acquires tech-driven Egyptian B2B platform Fatura
Fatura is a fast-growing tech-driven Business-to-Business (B2B) platform with a regional footprint of 22 governorates in Egypt
06/15/2022
Bahrain ranks among top 10 performing MENA ecosystems in Global Startup Ecosystem Report
Ecosystem valuation jumped over 460% to reach more than half a billion US dollars in 2022
06/13/2022
Crypto in the Middle East is gaining attention. Experts: Pancakeswap (CAKE) and Gnox Token (GNOX) are taking the world by surprise
Crypto analysts are now looking at particular projects that are gaining popularity in the region.
06/13/2022
Digital wealth management platform StashAway marks significant breakthrough in bridging the gender investment gap
Closing the gender investing gap is one of the most impactful ways we can improve wealth equity.
06/10/2022
Tabadul: championing digital logistics and Fintech solutions
Tabadul also contributes to the digital transformation objectives outlined by Saudi Vision 2030 by accelerating the digitalization needed for achieving business sustainability and taking proactive approaches during COVID 19