Open Banking Exchange launches in Saudi Arabia
This announcement comes twelve months after the Saudi Central Bank (SAMA) announced its open banking policy, designed to support Vision…
FinTech
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Saudi fintech Lean raises $33 million
Lean Technologies, a Saudi fintech firm whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih, has…
E-Trader licence records 6% growth during 2021
The e-Trader licence, launched by the Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET),…
Al Rajhi Bank Malaysia Selects Thought Machine to Build a State-Of-The-Art Islamic Digital Bank
Al Rajhi Bank Malaysia (ARBM), a wholly-owned subsidiary of the world's largest Islamic bank by assets, Al Rajhi Bank of…
Crypto platform Rain secures in-principle approval for FSP from UAE's ADGB
Cryptocurrency platform Rain has received in-principle approval for financial services permission (FSP) from Abu Dhabi Global Market (ADGB), which if…
Bahrain's CoinMENA obtains second cryptocurrency license from European Union paving the way for expansion to new jurisdictions
Bahrain-headquartered onshore crypto assets exchange, CoinMENA Holding LTD, has obtained a second cryptocurrency license from the European Union. CoinMENA…
Outperforming in 2022: Is the wind of change blowing in Wealth Management?
The Wealth Management industry was already undergoing an exponential transformation in the previous years. 2021, probably more than any others,…
NBK launching new services for the first time in Kuwait on NBK mobile banking app
National Bank of Kuwait (NBK) strives to enrich the banking experience of its customers by providing them services and enhancements…
Arab Financial Services and Spotii partner to launch "Buy Now Pay Later" in Bahrain
Arab Financial Services has become Bahrain’s first acquirer to enable a Buy Now Pay Later solution for the Kingdom’s merchants.…
Misr Capital and Fawry launch ‘Fawry Yawmy’ money market fund using fintech for the first time in Egypt and MENA
Misr Capital — the investment banking arm of Banque Misr — and Fawry — the leading fintech platform in Egypt…
Cisco Middle East & Africa hosts 'Future Cloud' Summit to showcase new hybrid cloud innovations
Leading brands around the world share how they are working together with Cisco to build and support their cloud strategies…
Network International releases Tap on Phone tech to merchants in the Middle East and Africa
An estimated 500,000 new merchants across the Middle East and Africa will soon be able to benefit from simple, seamless…