Seba Bank opens Abu Dhabi office
SEBA Bank has announced that it has secured an FSP from Abu Dhabi Global Market’s Financial Services Regulatory Authority effective…
FinTech
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UAE's Mubadala leads $500mln investment round for Princeton Digital
Abu Dhabi's strategic investor Mubadala Investment Company led an equity round of more than $500 million for Princeton Digital Group…
UAE's credit bureau introduces app to curb bounced cheques
The UAE’s Al Etihad Credit Bureau (AECB) has launched a mobile application which can assess how likely a cheque will…
Saudi fintech firm EdfaPay raises $1.6mln
Saudi-based fintech company EdfaPay has raised 6 million riyals ($1.6 million) in a pre-seed round. The funding round was…
AI wealth manager FinaMaze opens the metaverse to UAE investors
FinaMaze, a hybrid asset manager regulated by The Abu Dhabi Global Market, will open an investment portfolio on Tuesday that…
UAE, GCC embrace digitisation faster in Middle East
The UAE and Gulf countries are significantly embracing digitalisation while broader Middle East firms are still operating in the traditional…
Fintech Investments in Egypt Surged Over 300% in Past Year: Report
Ahmed Wadi, the Founder and CEO at MoneyFellows, a Cairo-based collaborative Group Lending and Savings Platform, says that he is…
Abu Dhabi wealth fund bets on scientific approach using quant experts
Gathered together on a floor of the Abu Dhabi Investment Authority’s 40-storey headquarters, a group of physicists, academics and data…
mSME enabling platform, Setup in Abu Dhabi, launched
Creative Zone, in collaboration with Abu Dhabi Department of Economic Development (ADDED) and 23 other government and private entities, has…
SAIB taps Moneythor to roll out intelligent PFM
In alignment with KSA Vision 2030 and as part of the responsibility of The Saudi Investment Bank (SAIB) to encourage…
Egypt aims to expand in financing technological, innovative projects: Gamea
Nevine Gamea, Minister of Trade and Industry and Executive Director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA),…
HWGG Capital expands regional footprint
HWGG Capital, a blockchain payment solutions provider licensed under Labuan Financial Services Authority Malaysia, is expanding its regional footprint to…