01/31/2022
KSA speeding up digital transformation says survey
Nearly all (92%) of Saudi Arabia’s government IT decision-makers agree that the Covid-19 pandemic has accelerated their digital transformation over the past year
FinTech
01/31/2022
IFID 2022 focusing on "How fintech innovation is transforming the investment industry"
To be held under the patronage of the Central Bank of Bahrain
01/31/2022
Dubai's ICICB Group preps Brazilian digital bank
The Group has exhibited tremendous development in banking and financial services during the pandemic, leveraging its extensive experience and innovative technology implementation and setting the benchmark in the economic system.
01/31/2022
Fawry tops the acceptance segment through its comprehensive "Fawry Accept" solutions bundle
Fawry also leads the payment acceptance sector with a jump in transactions exceeding 6 billion EGP through Fawry acceptance machines and 5 billion EGP via online gateway
01/31/2022
Al-Rushood: digital transformation is at the heart of the Kuwaiti banking sector
He explained that digital transformation in Kuwait is in line with its 2035 vision.
01/28/2022
Banque Misr signs cooperation protocol
It’s among the leading providers of electronic collection services through QR Code using the Meeza network, which transfers to mobile phone wallets.
01/26/2022
Online payment gateway noon payments launches in Egypt
The payments solution accepts a variety of payment methods including Visa, MasterCard, Meeza, and others, and allows returning customers to save cards for future purchases, resulting in increased transactions and conversions.
01/26/2022
Cedar supports Islamic Bank in Oman with setup of digital bank
Planned for launch in the next 12-18 months, a project team has over the past months created the fundament for bringing the plan to life, developing an overall new venture approach and roadmap.
01/26/2022
KPMG: Saudi Arabian insurance firms pursued digitalization and expected to close year-end with higher top-line
Financial Performance of 28 Saudi insurance companies until Q3 2021 continued top-line growth trend
01/25/2022
Saudi fintech Lean raises $33 million
Besides Sequoia Capital India, existing investors and newcomers including General Electric Co.’s former chief Jeff Immelt participated in the Series A round.
01/25/2022
Al Rajhi Bank Malaysia Selects Thought Machine to Build a State-Of-The-Art Islamic Digital Bank
Thought Machine has been selected by a number of tier one and large retail banks and the company also works with smaller, agile fintechs and challengers.
01/25/2022
Crypto platform Rain secures in-principle approval for FSP from UAE's ADGB
Once Rain satisfies FSRA approval, the permission will allow it to offer services outside the GCC and list a greater number of virtual asset pairs
01/25/2022
Bahrain's CoinMENA obtains second cryptocurrency license from European Union paving the way for expansion to new jurisdictions
CoinMENA's second licence obtained after the Central Bank of Bahrain (CBB) license
01/24/2022
NBK launching new services for the first time in Kuwait on NBK mobile banking app
The new features help customers better control their spending and access all services with utmost speed
01/24/2022
Arab Financial Services and Spotii partner to launch "Buy Now Pay Later" in Bahrain
This is through its latest partnership with Dubai-based, Buy Now Pay Later solution provider, Spotii.
01/24/2022
Misr Capital and Fawry launch ‘Fawry Yawmy’ money market fund using fintech for the first time in Egypt and MENA
With a minimum initial investment ticket of EGP 500, Fawry Yawmy relies on Fawry’s state-of-the-art fintech and its expansive retail presence to reach the largest number of individual investors
01/24/2022
Cisco Middle East & Africa hosts 'Future Cloud' Summit to showcase new hybrid cloud innovations
Company highlights its ground-breaking new hybrid cloud solutions alongside partners in the region
01/21/2022
Network International releases Tap on Phone tech to merchants in the Middle East and Africa
Making sure that SMEs have all the support they need to go digital and grow digital is a key focus for Mastercard and Network International.
01/21/2022
Personal web and mobile experience key to Mideast banks’, fintechs’ customer retention
Accelerated by the pandemic, the region is observing a growing demand for real-time electronic payment methods
01/21/2022
Sequoia Capital India makes Gulf debut with $33 million investment in Saudi fintech Lean Technologies
Sequoia’s funding for the Saudi fintech’s Series A round is joined by other international investors including New York-based Liberty City Ventures and former General Electric CEO Jeff Immelt.