02/01/2021
Ooredoo Qatar security efforts recognised with Fortinet
To date, our key contribution has been to defend against cybercrime, to reduce risk, and ensure compliance with regulation.
FinTech
02/01/2021
Central Bank of Bahrain : CBB announces launch of eKYC as part of digital transformation strategy (January 30th, 2021)
With the introduction of Open Banking in Bahrain, this also provides an opportunity for fintech companies to verify customers identities through their online and mobile applications.
02/01/2021
DFin Holding launches Egypt’s pioneering FinTech platform for tech-based financial services and announces establishment of the first Venture Debt Fund in the Region
The team has established a solid and promising base to lead the next wave of innovative digital financial services in Egypt and across emerging markets in the region.
01/29/2021
Virtuzone becomes the first company to accept bitcoin payments for business setup in the UAE
The strategic move also builds on Virtuzone’s aim to help accelerate the adoption and growth of digital technologies in the country
01/29/2021
Saudi Arabia's futuristic city project in talks over cloud computing deal
"We're seeing lots of opportunities for partnerships with large, hyper-scale providers," head of technology and digital at NEOM, told Reuters
01/29/2021
Refinitiv Wealth Management Report – ‘Redefining Investor Data Needs’ – Highlights the Growing Needs of Self-directed and Advisory Clients
The study finds that self-directed and advisory clients’ needs are rapidly changing.
01/29/2021
National Bank of Bahrain Launches ‘Tap & Go” Services Across Largest ATM Network in the Kingdom
The National Bank of Bahrain has also recently launched its new and improved mobile app
01/28/2021
Tech Mahindra to expand in Gulf; localisation focus
The region is growing, and we do have a defined plan to increase local staff strength.
01/27/2021
Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange
At launch, Coinmena plans to offer spot trading in five major crypto assets – bitcoin (BTC), ethereum (ETH), ripple (XRP), bitcoin cash (BCH), and litecoin (LTC) to both retail and institutional investors.
01/27/2021
Digital wallet spending to nearly double to $10trln in 2025
83% growth in spending to be fuelled by accelerated shift to e-payments due to COVID-19
01/26/2021
Saudi-based fintech startup Hakbah raises $1.2 million seed round
Hakbah confirms that the pandemic has increased the importance of saving for individuals.
01/26/2021
Mambu and Ta3meed announce their partnership in Saudi Arabia
Miljan Stamenkovic, General Manager of Mambu in the Middle East and Northern Africa said, “Through its Vision 2030 initiatives, Saudi Arabia aims to boost its financial sector while developing a fintech ecosystem to ensure a diversified economy and
01/26/2021
7 reasons WealthBrain is the best digital wealth manager for 2021
How clients and financial advisors can benefit from online services
01/26/2021
National Bank of Oman Enables 6,500 POS Machines with QR Code Payments
Eliminating the need to physically go to branches, remember cards, or handle cash, the bank’s pioneering mobile wallet offers a wide range of user-friendly features for secure and easy transactions.
01/25/2021
NBB launches improved digital platform
The launch took place at an NBB Group internal virtual event hosted yesterday
01/25/2021
StashAway announces Assets under Management of US$1billion
In 2020 alone, the portfolio returns ranged from 24.1% to 5.2% for those same portfolios, and consistently outperform their same-risk benchmarks.
01/25/2021
Central Bank of Bahrain licences Sharia-compliant cryptocurrency exchange CoinMENA
At launch, CoinMENA’s platform will be available to residents of Bahrain, the UAE, Saudi Arabia, Kuwait and Oman
01/25/2021
Codebase Technologies and BankBI help banks leverage real-time financial performance data
Most banks and financial institutions struggle to balance ever-growing data demands across their value chains with the capabilities of their technology infrastructure
01/22/2021
Fintech reshapes U.A.E's financial industry
Most of the ventures in the region are moved to improve the fintech sector.
01/21/2021
New fintech firm launches Dubai banking services targeting SMEs
SH Capital to also offer asset management, FX hedging solutions, investment options