Dukhan Bank launches AI-powered virtual assistant
Dukhan Bank has launched an interactive, multi-channel virtual assistant, Rashid, to assist customers with online enquiries in an easy and…
FinTech
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Finalists shortlisted for ADIB's Ethical Finance Innovation Challenge and Awards
Abu Dhabi Islamic Bank and Refinitiv have shortlisted the top three finalists for their 6th edition of Ethical Finance Innovation…
Saudi FinTech, InsurTech Rasan Secures $24M
Saudi FinTech and InsurTech startup Rasan has secured $24M in its latest funding round led by Impact 46, a Saudi…
Human error undermines benefits of cloud adoption, finds research from Veritas
96% of respondents thought their cloud provider would be able to restore their files for them UAE employees more likely…
Al Baraka Islamic Bank taps Layer for digital banking transformation
Digital banking platform provider, Layer has today, announced the launch of its digital banking services with Al Baraka Islamic Bank…
Deloitte releases its latest Fraud Survey for the Middle East
We have pleased to launch the Middle East Fraud Survey report, illustrating how organisations in the Middle East have been…
UAE regulators issue guidelines to financial institutions on use of enabling technologies
Regulators of banks and financial free zones in the UAE have jointly issued guidelines to help financial institutions safely adopt…
UAE-based fintech Verity raises $800k to launch family financial app
UAE-based fintech startup Verity has closed a $800,000 pre-seed round as it prepares for the launch of its family banking…
First Abu Dhabi Bank teams with Ascenda
First Abu Dhabi Bank has partnered with global loyalty technology leader Ascenda to launch the market’s most rewarding portfolio of…
Gartner Forecasts IT Spending in EMEA to Grow 4.7% in 2022
IT spending in EMEA has forecast to total $1.3 trillion in 2022, an increase of 4.7% from 2021, according to…
Kroll expands restructuring advisory practice in the Middle East with senior hires Ben Hughes and Sami Besbes
Kroll have announced two new senior hires in the firm’s Restructuring Advisory practice in the Middle East. Ben Hughes has…
Why the Blockchain Market is Booming in the Gulf
Blockchain technology and cryptocurrencies have taken the global technology sector by storm. Around the world, new blockchain startups and digital…