Banque Misr, National Bank of Egypt, and Banque Du Caire lead investment in new fintech fund
Egypt's largest national banks - Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, a…
FinTech
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Arab Monetary Fund Names RippleNet As Potential Alternative to Central Bank Digital Currencies
The Arab Monetary Fund (AMF), a sub-organization of the Arab League, has named global payments network RippleNet as a possible…
Unit of Egypt’s largest bank invests in fintech
A unit of South African multinational holding company, and Egypt’s largest bank, Naspers Ltd, has invested in Egyptian fintech firm…
Dubai’s Shuaa Capital acquires controlling stake in fintech Souqalmal
Dubai-based asset management and investment banking platform Shuaa Capital has acquired a controlling stake in Souqalmal as part of its…
IFC invests $5mln in Egypt fund to support fintech startups
The International Finance Corporation will invest $5 million in Egypt’s venture capital fund Disruptech, to support the development of fintech…
Burgan Bank promotes smarter financial habits through its Personal Finance Manager Tool
Burgan Bank’s Personal Finance Manager tool, available on Burgan App has one of the smart solutions designed to offer customers…
This is the year cryptocurrency will come of age in the Middle East
Areije Al Shakar is the senior vice president at Bahrain Development Bank & director at Al Waha Venture Capital Fund…
UAE billionaire Sajwani to invest $1bln in building data centres
Emirati billionaire Husain Sajwani will invest $1 billion to develop data centres in different locations around the world. The…
Irish fintechs go on display in Dubai
Leading Irish Fintech companies will be in Dubai to take part in the Irish Fintech Innovation Showcase event organised by…
Mena economies can add up to $1.6tn over 30 years by fully digitalising: World Bank
Economies in the Middle East and North Africa can achieve 46 per cent growth in per capita gross domestic product…
Saxo Bank launches new SaxoInvestor platform for GCC region
Saxo Bank has ramped up its efforts to support the GCC’s rapidly growing retail sector with the launch of SaxoInvestor,…
Emirates NBD takes lead in supporting upcoming IPOs
Individual investors to benefit from seamless, paperless journey from subscription to payment Real-time on-boarding of individual investors through strategic collaboration…