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. …
FinTech
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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…
At Arab Health 2022, a peek at how futuristic tech is changing the face of modern healthcare
With escalating advancement in digital healthcare technologies such as VR/AR, 3D printing, artificial intelligence and robotics, it has become mandatory…
Middle Eastern countries look to China for infrastructure funding, new technology
China is expanding its presence in the Middle East by building out critical infrastructure in the region and securing deals…
Saudi Arabia is set to continue championing fintech VC investments, companies say
Saudi Arabia’s move to encourage financial intermediaries to invest in the private sector is expected to boost the Kingdom’s fintech…
Saudi Arabia to develop cooperation in digital economy with Bahrain, Finland
Saudi Arabia's Minister of Communications and Information Technology Abdullah Al-Swaha on Tuesday held talks with Kamal Ahmed, the Bahraini minister…
Saudi Arabia is set to continue championing fintech VC investments, companies say
Saudi Arabia’s move to encourage financial intermediaries to invest in the private sector is expected to boost the Kingdom’s fintech…