12/28/2021
Boursa Kuwait caps off a successful 2021 with five prestigious awards
In recognition of the company's remarkable efforts
FinTech
12/27/2021
Team8 and Deloitte collaborate in spreading Fintech availability
Israeli venture group Team8 and professional service firm Deloitte are teaming up to reduce the risks associated with startups through proactive and early engagement with customers.
12/27/2021
Arab National Bank to Implement Open Hybrid Cloud Solutions
The Arab National Bank revealed that it’s focused on creating Cloud-native apps and Banking-as-a-Service (BaaS) offerings via APIs and a micro services-based integration layer from Red Hat.
12/27/2021
Binance Awarded in-Principle Approval as a Crypto-Asset Service Provider in the Kingdom of Bahrain
The in-principle approval from the Central Bank of Bahrain still requires Binance to complete the full application process, which is expected to be completed in due course.
12/27/2021
CVDB goes live on ICS Banks Universal Banking solution from ICSFS
The Bank continues as well to contribute to the development process of the local councils, by providing adequate funds, experiences, services, technical and administrative skills within the government's effort in developing and reforming the municipa
12/27/2021
Muscat declared 'Arab Digital Capital' for 2022
The decision was announced at the conclusion of the 25th session of the Arab minister's council
12/24/2021
World’s largest IT infrastructure services provide kicks off in Egypt
Kyndryl, the world’s largest IT infrastructure services provider, launches in Egypt
12/24/2021
Saudi Fintech signs deals with local companies to reduce cost on SMEs
Saudi Arabia witnessed 37% rise in the number of fintech firms entering the market this year
12/23/2021
UAE targets Asian firms to become crypto hub: Crypto Wrap
The UAE is competing with Singapore, Switzerland, and others to become a global crypto hub.
12/23/2021
Saudi's CMA approves Etihad Atheeb Telecom capital reduction
This will reduce the company’s capital to $24mln
12/23/2021
Fawry broadens its platform for consumer finance offerings to capture the growing opportunity on the financial services market
The move also comes in line with the government vision & FRA strategy to support financial inclusion & digital transformation
12/23/2021
Zand eyes UAE digital banking sector with strategic stake buy
On the strategic move, Mohamed Alabbar, Chairman of Zand, said: "Today’s announcement marks another major milestone for us, and we are excited to be closing in on our goal of establishing the UAE’s first native digital bank."
12/22/2021
Dubai Islamic Bank launches ‘Rabbit’ as digital banking for connected generation
Rabbit platform will initially feature basic banking services and then be scaled up
12/22/2021
AFS in deal to power ila Blue, Switch credit cards
Regulated by The Central Bank of Bahrain, and majority-owned by Bank ABC, AFS boasts numerous ground-breaking end-to-end digital payment services and solutions.
12/22/2021
Dubai Islamic Bank launches Rabbit 'FunTech' app aimed at tech-savvy customers
The UAE's biggest Sharia-compliant lender also plans to introduce the app to markets such as Pakistan and Kenya, DIB group chief executive says
12/21/2021
BNY Mellon, SNB Capital data service to help investors in KSA manage big bets
“With a focus on growth in mind, the infrastructure will allow for greater transparency and resilience at a lower cost.”
12/21/2021
Arab National Bank Adopts Red Hat’s Open Hybrid Cloud Platforms To Accelerate Digital Banking Innovation
Digital transformation represents a major driver of ANB’s forward-looking strategy to compete in Saudi Arabia’s banking industry
12/21/2021
Emirates NBD offers Voice Banking with Alexa in UAE
Customers can securely access balance updates, statements and track card spends through any Amazon Alexa enabled device
12/21/2021
Wealthface launches advanced investing App
The platform offers MENA user-friendly Invest App
12/20/2021
Open banking provides opportunities for consumers, financial institutions and fintechs
Open banking is empowering customers to do more within their bank’s financial ecosystem, as well as promoting innovation, competition, and financial inclusion amongst large and SME financial institutions, shares expert