UAE central bank prepares for digital currency launch
The UAE Central Bank (CBUAE) is set to introduce digital currency in a bid to crack the top ten of…
FinTech
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FinTech: Why these startups are banking on a payments revolution in the Middle East
Founded in 2006, Techstars has invested in more than 2,200 companies in 15 years. In the process, the startup accelerator…
Boubyan Bank proudly launches the world's first Islamic international digital bank
- Nomo, a fully digital bank provides a mobile-first banking experience for affluent, tech-savvy consumers currently undeserved traditional banking platforms.…
How fingertip authentication technology will transform MENA contactless payments market
The market for contactless payment cards grew exponentially over the past year, supported by ongoing hygiene concerns amid coronavirus, but…
Dubai's Masherqbank prepares for a digital-only future
One of the oldest banks in the United Arab Emirates is preparing for a digital-only future as it fends off…
UAE Central Bank Sets Roadmap for CBDC Launch
The Central Bank of the United Arab Emirates has become the latest monetary regulator with an interest in issuing a…
Banks and FinTech partnerships to bring about a paradigm shift in the future of banking industry
Digitisation has changed every sector, and the banking industry is no exception, leading several banks to reduce their physical footprint…
Standard Chartered Appoints Sustainable Finance Head
Standard Chartered has appointed Lina Osman as its Regional Head of Sustainable Finance for Africa and the Middle East, as…
Five challenges to cloud adoption and how to overcome them
A new PwC analysis has laid down several barriers to entry into the rapidly ballooning cloud market – reflective of…
Rapidly evolving technologies demand digital leadership
With digital transformation becoming more complex than ever, digital leadership at all levels and functions is required for success –…
UAE to issue its own 'Govcoin' digital currency amid crypto rise in region
The Central Bank of the United Arab Emirates (CBUAE) has announced that it is to issue its own digital currency…
Mobile banking company REZQ-Baraka raises $20m for expansion
Zurich Capital Funds Holding (ZCFH) has marked the beginning of an exciting new chapter in its ongoing journey towards expanding…