Rivals see ‘fierce’ competition as UAE digital bank Zand prepares for launch
Dubai-based digital bank Zand will attempt to attract customers with competitive deposit rates and a digital-first product lineup when it…
FinTech
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Bitcoin Fund breaks new ground in Middle East with debut on Nasdaq Dubai
The Bitcoin Fund debuted on the Nasdaq Dubai on Wednesday, becoming the Middle East’s first listed cryptocurrency fund. The…
Saudi Cabinet authorizes finance ministry to issue licenses to STC Bank and Saudi Digital Bank
Saudi Arabia’s Cabinet on Tuesday gave its nod to the Kingdom’s finance minister to issue licenses for the country’s first…
Egypt eyes surge in fintech investment
New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the…
Digital licenses will lead to a ‘new style’ of banking, experts say
Saudi banking and financial experts have welcomed the Saudi Cabinet’s decision on Tuesday to approve the licensing of the first…
Saudi finance minister issues license for STC and Saudi Digital banks – cabinet
Saudi Arabia's cabinet has given approval to the kingdom's finance minister to issue license for the country's first digital banks,…
Future of Saudi banking demands digital maverickism
The rapid growth of fintech and the consequences of the Covid-19 pandemic have accelerated the demand for a strong digital…
Saudi Arabia awarded highest ICT regulatory classification by ITU
ITU’s G5 classification is reserved for the world’s most advanced and high-performing ICT regulators …
NCBA Bank: Investing in Technology to Offer Inclusive Financial Services
“We have a view or a mission to be Africa's most valued digital platform for financial services which then means…
Riyadh fintech Tweeq raises ‘seven-figure’ investment from by STV, Raed Ventures
Tweeq, an emerging fintech platform based in Saudi Arabia, has closed a “seven-figure investment round’ that was co-led by STV…
Bahrain based Fintech wins RegTech Innovation Challenge
Rsquare Technologies has won the Central Bank of Bahrain’s SuperNova 2021 ‘RegTech Innovation Challenge’ for their Account Blocking & Unblocking…
Emirates Development Bank signs agreement with Peer-to-Peer Platform
Emirates Development Bank Sunday announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer (P2P) lending platform,…