FinTech

Comment & Analysis

Middle East consumers healthier, more digital and prioritise sustainability: PwC

March 23, 2022

The latest edition of PwC’s Global Consumer Insights Pulse Survey showed that Middle East shoppers are becoming increasingly influenced by…

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FinTech

Cypher Capital launches USD100mln Blockchain Fund

March 23, 2022

The UAE based fund is focused on crypto, blockchain and digital asset projects, with a special interest in projects in…

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FinTech

Egypt state banks setting up $85mln fintech innovation fund

March 22, 2022

Egypt's three biggest state-owned banks are setting up an $85 million financial technology fund that aims to accelerate innovation in…

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FinTech

Tamkeen plans tech training for 1,200 Bahrainis

March 22, 2022

Tamkeen has established a strategic collaboration with the world’s leading technology training academy, General Assembly, and Bahrain Institute of Banking…

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FinTech

Saudi digital loan broker Arib raises $2.3m to expand operations

March 22, 2022

Arib, a digital loan broker in Saudi Arabia, closed a $2.3 million seed investment round that will allow the company…

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FinTech

How Dubai’s largest bank plans to add momentum to emirate’s IPO push

March 21, 2022

Dubai’s largest bank, Emirates NBD, has taken the lead in supporting upcoming IPOs on the Dubai Financial Market (DFM) with…

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FinTech

Finastra to Build Model Digital Bank for Union of Arab Banks

March 21, 2022

Finastra has announced its collaboration with Union of Arab Banks to help banks across the Arab League member states offer…

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FinTech

Banque Misr, National Bank of Egypt, and Banque Du Caire lead investment in new fintech fund

March 21, 2022

Egypt's largest national banks - Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, a…

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Comment & Analysis

Arab Monetary Fund Names RippleNet As Potential Alternative to Central Bank Digital Currencies

March 21, 2022

The Arab Monetary Fund (AMF), a sub-organization of the Arab League, has named global payments network RippleNet as a possible…

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FinTech

Unit of Egypt’s largest bank invests in fintech

March 21, 2022

A unit of South African multinational holding company, and Egypt’s largest bank, Naspers Ltd, has invested in Egyptian fintech firm…

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FinTech

Dubai’s Shuaa Capital acquires controlling stake in fintech Souqalmal

March 21, 2022

Dubai-based asset management and investment banking platform Shuaa Capital has acquired a controlling stake in Souqalmal as part of its…

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FinTech

IFC invests $5mln in Egypt fund to support fintech startups

March 18, 2022

The International Finance Corporation  will invest $5 million in Egypt’s venture capital fund Disruptech, to support the development of fintech…

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