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FinTech

04/22/2022

Saudi’s start-up Retailo acquires Dubai-based online marketplace DXBUY

Acquisition follows recent investment round that raised $36mln

04/22/2022

‘Adopting Crypto in A Big Way,’ Binance Receives Bahrain License

Binance is already working to establish footings in the UAE.

04/21/2022

World Blockchain Summit breaks new grounds with its 22nd global edition in Dubai

Held under the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum, member of the ruling family of Dubai, the 22nd global edition of World Blockchain Summit (WBS) collectively hosted more than 4000 attendees

04/21/2022

Roland Berger at the forefront of crypto strategy consulting

Roland Berger is “taking a leading and courageous role towards the future of technology.

04/21/2022

Objectway in WealthTech100 list of tech companies transforming wealth and investment management and private banking

The global WealthTech market is projected to reach $11.9bn by 2030, according to FinTech Global.

04/21/2022

How UAE delivers innovative breakthroughs

As one of the world’s leading hubs for innovation, the UAE has plenty to look forward to

04/20/2022

Kaspersky opens new office in Saudi Arabia

Establishing this new office in the kingdom is a milestone in the company’s roadmap to protect over 400 million users

04/20/2022

Over 98% in UAE, Saudi believe business leaders would trust bots over humans in social decisions

Nearly all of the respondents in the UAE believe sustainability and social factors are more important than ever

04/19/2022

Banque Saudi Fransi selects Backbase’s Engagement Banking Platform

BSF will now be able to deliver an immersive banking experience, enabling instant digital onboarding of customers

04/19/2022

Derayah Financial CEO says it owns 20% of PIF-backed digital bank D360

With the planned introduction of single-stock futures trading in Saudi Arabia, Al-Shammasi stressed the importance of such a transition in enhancing the capital market.

04/19/2022

FAB teams up with IBM to hasten digital transformation

IBM’s team of experts will work with FAB to modernise existing applications and further enhance the digital footprint of FAB’s customers.

04/14/2022

FinTech growth and digital banks' risk appetite stoking stability concerns, IMF says

Neo banks and financial platforms are rapidly growing into higher-risk business segments, creating regulatory challenges

04/14/2022

Beckoning a new dawn for real-time payments in the UAE

The UAE has one of the world’s highest smartphone penetration rates and a young population that live a substantial proportion of their lives in digital spaces

04/14/2022

Partnerships that Bring Complementary Services and Technology Can Enable the Growth of Super-Apps in the MEA

Now super-apps – apps that combine many functions in a single application – are taking the proposition even further.

04/13/2022

Banque Misr in Egypt automates trade finance with Finastra

Banque Misr extends collaboration with Finastra, selecting Fusion Trade Innovation and Fusion Corporate Channels to boost its offering and attract new customers

04/12/2022

TII announces launch of NOOR, the world’s largest Arabic NLP model

Model is most powerful one in Arabic language to date with 10 billion parameters

04/11/2022

Investcorp launches the first global institutional blockchain fund

It will mainly invest in early-stage companies operating in areas within the blockchain ecosystem such as blockchain infrastructure

04/11/2022

Binance earns in-principal approval from ADGM

ADGM is the pioneer in introducing robust virtual asset regulatory frameworks to support the growth of the global blockchain ecosystem.

04/08/2022

novobanco goes live with Objectway to lead the way in investment services

Objectway delivered the project using an incremental release plan adhering to agile principles.

04/08/2022

UAE crypto rating firm Evai recognised in the CV VC Global Report 2022

New report reveals 700% year-on-year growth as investments in the blockchain sector surge

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