03/10/2022
Saudi IT firm Arab Sea swings into profit in 2021 as revenue more than doubles
The Riyadh-based company erased losses of $4.21mln from a year earlier
FinTech
03/10/2022
The middle east blockchain ecosystem “Crypto oasis” is expected to reach 1000+ organisations target by Q2 2022
Innovation and disruption ignites surge within the Blockchain industry, and the local regulators are supporting the progress
03/09/2022
Bank of Israel explores impact of digital Shekel on banking system
The Bank of Israel analyzed the potential impact of issuing a CBDC on the stability of the banking system
03/08/2022
SWVL and Paynas partner to empower captains with integrated financial services
The partnership enhances financial inclusion for traditionally under-resourced captains through a suite of resources and benefits
03/08/2022
Three Egyptian banks to launch fintech fund
Egypt has grown rapidly in the field of fintech over the past few years, as investments in the field soared over 300%, Negm added.
03/07/2022
National Bank of Oman Earns Fifth Citibank STP Excellence Award
Citibank is considered the industry’s premier provider of U.S. Dollar payment services, providing clearance for a vast majority of banks in the region.
03/07/2022
Egypt’s banking system processed 1 bln electronic transactions in 2021: CBE
The CBE is also ramping up to launch a digitised system called ‘Know Your Customer’ (EKYC), which will enable citizens to open their bank accounts online without needing to visit bank branches, according to Hussain.
03/04/2022
Western Union partners with Banque Saudi Fransi for digital money transfers
Established in 1977, BSF provides superior banking services to both corporate and retail clients and aims to create a long-term and personalized partnership with all its customers
03/04/2022
Ajman’s Department of Finance 'Fursan Robots' wins UAE Innovates 2022
This award reflects the commitment of the Department to advance its achievements and innovations in artificial intelligence
03/03/2022
Saudi tech firm Master Works raises $40m in first round of funding
Al-Lehaibi added that Master Works intends to expand its product portfolio and continue focusing on data and digital transformation.
03/03/2022
The growth of the fintech sector in the Middle East
Moving towards more homogenised regional frameworks can catalyse a wave of new fintechs to scale globally, opines Oliver Obitayo, CEO of IDnow Middle East
03/03/2022
World’s exciting startups to chase Saudi Arabia's massive defense market
The biennial event will offer a unique platform for defense companies to present their solutions from the air, sea, land, space and security sectors.
03/02/2022
OPay Group Targets Major Expansion in North Africa and the Arab Region
Due to the steps taken by Egyptian President, Abdel Fattah El-Sisi, and the support provided by Tarek Amer, Governor of the Central Bank of Egypt, has paved the way for the faster digital transformation of the Egyptian banking sector.
03/02/2022
Qatar Fintech Hub opens applications for next generation banking hackathon
In this edition, the QFTH Hackathon Wave 4 brings on board Visa as a Challenge Partner who will also open their Fast-Track Incubator program to the winner of the Visa Challenge.
03/02/2022
QIB introduces innovative new features to its award-winning mobile app
QIB introduces innovative new features to its award-winning mobile app
03/01/2022
CleanTech innovation offers opportunities for Saudi investors
British companies seem to have certainly got the message and are making waves when it comes to innovation in green technologies.
03/01/2022
Turkish fintech seeks Qatari investment
The financial technology sector in Turkey has grown significantly, and is looking to Qatar for further expansion.
02/28/2022
Capital Bank of Jordan launches Blink neobank
In addition, users can manage their accounts, send and receive money, view their transaction history and withdraw money from domestic and international ATMs
02/28/2022
Bank of Bahrain and Kuwait B S C : BBK launches its fifth operational 24/7 “BBKPLUS” Digital Branch concept at Souq Al Baraha in Diyar Al Muharraq
"The opening of this new branch at Souq Al Baraha in Diyar Al Muharraq is also part of BBK's network strategy of being present in all key locations of the Kingdom."
02/28/2022
A majority of KSA residents are aware of cryptocurrencies, but only a few invest in them
More than a third of KSA residents who are aware of cryptocurrency, plan to invest in them