UAE teams up with IBM to boost Industry 4.0
The UAE’s Ministry of Industry and Advanced Technology has joined forces with US technology company IBM to boost the pace…
FinTech
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Technology partners intent to join forces with a new joint venture Alliance Networks
Alliance International Management (AIM) along with Amsterdam Internet Exchange B.V (AMS-IX), Bahrain National Holding Company (BNH), Gulf Bridge International (GBI),…
SAMA signs off permits for three new open banking fintech companies
The Saudi Central Bank, also known as SAMA, has granted permits allowing three new fintechs to operate under its regulatory…
Dubai's new crypto regulator brings UAE firm under its wing
BitOasis, a Middle East-focused crypto exchange based in the United Arab Emirates, has received provisional approval from Dubai's new crypto…
Nearly 95% people in Saudi Arabia report increased use of digital payments in 2021
Ninety five percent of respondents from Saudi Arabia reported an increase in their use of e-wallet and mobile banking in…
Israel's Pepper rolls out crypto trading
Bank Leumi's mobile-only challenger Pepper has partnered Paxos to add cryptocurrency trading to its investment platform. In a first…
A new hope for wealth and investment managers?
The pressure to achieve growth is constant. Therefore, the greatest challenge to our wealth management industry to continue this level…
Nearly 9 in 10 people in the Middle East report increased use of digital payments in the past year
According to the Kaspersky Digital Payment survey, 93% of respondents from the Middle East reported an increase in their use…
Mashreq Bank launches Neopay to consolidate and grow
NEOPAY will comprise of Mashreq’s leading merchant acquiring business, which processes over USD 22Billion of annualized volume across retail, government,…
Banking as a Service gains unstoppable momentum, Finastra research shows
At its Finastra Forum flagship industry event in Dubai, Finastra has unveiled a market assessment report: ‘Banking as a Service:…
Gulf states adopting data and AI but ‘more action’ needed
Experts have said data is the new oil, which should provide an impetus to Gulf states to further protect this…
Qatar exploring CBDC as it digitizes payments
Qatar is exploring a central bank digital currency (CBDC), a top official at the country’s central bank has revealed. The…