02/14/2020
Egypt’s Oldest Bank Taps Ripple Remittance Solution
Egypt's oldest bank, the National Bank of Egypt is adopting Ripple blockchain remittance solution as blockchain utilization spreads.
FinTech
02/13/2020
Fintech to help SMEs get more access to funding, says QDB chief
During the panel, al-Khalifa underscored the role of QDB in providing financing opportunities for SMEs, as well as a wide range of facilities, training, and advisory services to help small companies grow their businesses.
02/12/2020
MOU signed between Commercial Bank of Kuwait and Zain Group
The telecom company said that it will provide, under the MoU, a set of the latest innovative cloud solutions to enhance the digital infrastructure of Commercial Bank
02/12/2020
Deloitte showcases latest in AI technology in Dubai
Google, SAP, Informatica and Cloudera are among official sponsors of Deloitte's Experience Analytics event
02/12/2020
Extreme Networks doubles its investments in the Middle East
Extreme Networks has set its sights on the Middle East to help partners and customers on their path to the autonomous enterprise with its cloud-driven, end-to-end networking solutions
02/10/2020
Dubai gets new cyber risk information sharing platform
The new cyber threat intelligence platform was showcased for the first time last month by the Dubai Financial Services Authority.
02/06/2020
Saudi Arabia’s Global Cybersecurity Forum aims to ensure safer cyberspace for all
The National Cyber Security Authority also signed MoUs with the NEOM company
02/05/2020
Fintech company Beehive causing a buzz in the SME world
The platform directly connects businesses looking for finance with investors that can provide funding support for their growth
02/05/2020
Hub71 announces new corporate engagement program with Aldar and ADCB
Hub71 launches new Corporate Engagement Program for startups
02/03/2020
Egypt- CIB deploys digital solutions to revolutionise banking sector
CIB's Innovation Lab is positioned as the FinTech and Entrepreneurship Hub within the Banking Sector given its strong presence in the ecosystem via its contribution to all the sound incubators and accelerators in the market
02/03/2020
NBK First Bank to Launch 'Garmin Pay' Service in Kuwait
Al Othman: The new service comes as part of NBK's efforts to introduce customers with easy, innovative and time-saving payment solutions
01/31/2020
Rise of robots: Most UAE residents fear they will be out of work in ten years
New survey says growing adoption of artificial intelligence (AI), automation will put professionals out of work
01/28/2020
Standard Chartered, Bahrain FinTech Bay to foster startups in the region
The FinTech space in the Middle East and North Africa (MENA) region is expected to have strong growth prospects where it is estimated to receive private-funding investments worth $2 billion in the GCC over the next decade.
01/28/2020
Saudi Aramco invests $5m in oil blockchain VAKT
Saudi Aramco is one of the largest companies in the world by revenue and recently had an IPO of 1.5% of its stock, giving the entire organization a valuation of $2 trillion.
01/24/2020
RAKBANK launches full product suite of Corporate Payment Solutions in partnership with Mastercard
RAKBANK Corporate Purchase Card, Corporate Executive T&E Card and B2B Virtual Card payment solution unveiled for the UAE Market
01/24/2020
MoneyGram taps Suez Canal Bank for remittances in Egypt
“We’re excited about how this partnership with Suez Canal Bank will provide our customers in Egypt with cutting-edge capabilities that offer the industry’s best service.”
01/23/2020
DIFC’s FinTech Hive launches new start-up ‘Scale Up Programme’
DIFC's FinTech Hive Scale Up programme benefits scaleups by helping them grow through strategic partnerships
01/23/2020
Middle East, Turkey and Africa to spend top dollar on innovation, digital transformation
Additionally, spending on artificial intelligence will top US$600-million in 2023, doubling from 2018 levels, while IOT spending will reach US$17-billion in 2023, six times the value seen in 2018.
01/23/2020
Microsoft Announces Plan To Launch Cloud Data Centre Region In Israel
This investment expands the company’s global cloud infrastructure to 56 cloud regions in 21 countries with the new Israel region anticipated to be available by 2021.
01/23/2020
SA, Egyptian fintech startups selected for Startupbootcamp accelerator in Dubai
The programme began earlier this month and concludes with a demo day in April.