Abu Dhabi crypto firm Hayvn in talks for series B funding, eyes IPO
Abu Dhabi-based crypto trading firm Hayvn is in talks with institutional investors to anchor a series B funding round that…
FinTech
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Digital innovations shaping the future banking landscape in MENA region
In the wake of the pandemic, banks across the globe continue to pursue digital transformation aggressively to position and prepare…
Accenture to Develop UAE National Instant Payment Platform
Accenture has been selected by the Central Bank of the UAE to lead a consortium of companies to help execute…
First Saudi data center fund to launch thanks to Saudi Fransi Capital, MIS collaboration
The first Saudi data center fund initiative is set to kick off thanks to a collaboration between leading financial services…
Saudi announces new program for digital content creation
Saudi Arabia announced Ignite, a new program for digital content creation and production; new investments and support for next-generation connectivity…
UBS Starts Shared Services Hub in Doha
The launch of an additional business solutions center is expected to create 200 jobs and advance Qatar's financial digitalization. …
First Abu Dhabi Bank, Mastercard introduce virtual corporate debit card
UAE’s First Abu Dhabi Bank (FAB) has partnered with Mastercard to launch a new virtual debt card. The FAB…
Emirates NBD, Singapore’s APIX join hands to boost fintech innovation
Emirates NBD has announced a strategic partnership with fintech collaboration platform APIX Singapore, wherein it gets access to its network…
Chasing sky-high valuations, Dubai bankers switch to tech sector
Faced with deal fees in the Gulf region a fraction of those in markets elsewhere, many Dubai bankers are handing…
Zain KSA and Al Rajhi Bank sign deal
Connecting Al Rajhi Bank's locations in the Kingdom to Zain KSA’s cutting-edge network. Contributing to financial inclusion and upgrading the…
Central Bank of Kuwait Issues Digital Bank Guidelines
The Central Bank of Kuwait this week released guidelines for digital banks. They said this falls within its overall efforts…
Crypto platform Rain rakes in $100m in Series B funding
Cryptocurrency platform Rain has raised $110 million in a Series B funding round. The round was co-led by Paradigm…