07/29/2021
PROJECTS: Saudi to launch $15bln fund for tech investment
It will invest $3-4bln abroad
FinTech
07/27/2021
Amazon eyes cryptocurrency; denies bitcoin acceptance rumours
Bitcoin's price rose above $40,000 on Monday, representing the first time the market has moved above that level since mid-June
07/26/2021
Leading digital asset hedge fund manager Nickel digital announces plans to focus on the Middle East
Nickel's clients include institutional investors, global wealth managers and ultra-high net worth individuals from around the world
07/26/2021
Legaltech startup "Clara" opens in Dubai following investment from DIFC FinTech Fund
VC-backed Clara catalysing the shift from a lawyer-led to a founder-led user experience, making legals fundamentally more efficient for startups
07/25/2021
Fintechs to drive M&A in Saudi banking sector - KPMG
Fintechs appeal to Saudi Arabia's young, digital savvy population
07/23/2021
New fully automated Custody platform for global operations in Axia Suite
Capitalising on international know-how, Axia Custody accelerates the communication by also supporting 2-Way Allegement functionality.
07/23/2021
Harish Gopinath on KPMG’s Tech Innovator competition in Bahrain
The positive impact from the support provided by the Government and the marketplace is also reflected in the number of success stories we have in terms of startups and SMEs growing across sectors.
07/23/2021
Fintech firm Ebury marks Middle East expansion with new Dubai office
Ebury's Mass Payments division expands footprint by adding Dubai to its network of offices in global financial centres, such as London and Singapore
07/21/2021
KFH raises awareness of cybersecurity and potential risk of e-crimes
Bank continues efforts to support Be Aware "Diraya" Campaign
07/21/2021
ZENIQ launches blockchain tokenization platform in Dubai
In particular, the partnership seeks to capitalize on ZENIQ’s advanced blockchain research & development to launch within a few weeks in the DIFC a platform for the tokenization of physical assets.
07/21/2021
CV VC extends operations to UAE and Africa
Rule based investment approach focused on a balanced portfolio of the most relevant projects in the space by capping the exposure of each asset at 25 per cent.
07/20/2021
ZENIQ Launches Groundbreaking Blockchain Tokenization Platform in Dubai
The partnership with Sheikh Saeed Bin Hasher Al Maktoum, ZENIQ is committed to supporting the UAE Government towards achieving a digital economy and accelerating the UAE’s role in the 4th Industrial Revolution.
07/20/2021
Saudi Investment Bank adopts Cisco SDN Architecture
Cisco new technologies make it possible for SAIB to automate daily processes in order to deliver an enhanced customer experience.
07/19/2021
Israeli firm’s spyware used to hack phones of journalists and business execs globally
"The sort of surveillance being reported is an appalling violation of press freedoms and we strongly condemn it," said a Bloomberg News spokesperson.
07/16/2021
UAE central bank prepares for digital currency launch
There are seven objectives in all, all of which centre on greater use of technology.
07/14/2021
Dubai's Masherqbank prepares for a digital-only future
Mashreqbank now operates just 10 branches in the UAE, down from 34 two years ago
07/14/2021
How fingertip authentication technology will transform MENA contactless payments market
Biometric cards that eliminate fraud-risk and the need for transaction limits are to be launched regionally and globally in October
07/14/2021
Banks and FinTech partnerships to bring about a paradigm shift in the future of banking industry
UAE banking sector sees rapid growth in digitisation of services, sales channels and partnerships with FinTechs across the region
07/13/2021
Five challenges to cloud adoption and how to overcome them
The Middle East, for instance, is among several markets worldwide that continue to face key barriers to widespread cloud adoption – hindering much-needed digital transformation progress. Sleiman expands on five common barriers.
07/13/2021
Rapidly evolving technologies demand digital leadership
That transformation is not just a divisional initiative, but the sustainable way that things get done across the enterprise.