RAKBANK receives in-principle approval to launch an AED-backed stablecoin
RAKBANK announced today that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an…
FinTech
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Ajman Bank Completes Core Banking System Upgrade as Part of Ongoing Technology Transformation
Ajman Bank has successfully completed a planned upgrade of its core banking system, reinforcing the Bank’s long-term focus on operational…
McKinsey: GCC companies adopt AI at record rates – but scaling remains elusive
There has been a significant surge in AI adoption across the GCC in recent years. Yet despite this momentum, a…
Visa Forms New Regional Hub for Saudi Arabia, Bahrain and Oman to Drive Digital Payments
Digital payments giant Visa has created a new dedicated region comprising Saudi Arabia, Bahrain, and Oman, a strategic move designed…
Assert AI expands QSR Vision Intelligence across the Middle East to redefine drive-thru and in-store performance
Assert AI has announced the expansion of its QSR and drive-thru automation solutions across the Middle East. After successful deployments…
Experts outline next phase of digital finance at Bitcoin MENA
The Bitcoin MENA conference closed in Abu Dhabi on December 9 after two days of panels and debates involving 234…
PwC ME partners with KYC Portal CLM on new compliance tech
PwC Middle East, a leading regional professional services provider, has entered a strategic partnership with KYC Portal CLM, the automation-driven…
Middle East investors eye diversification as global trends reshape 2026 outlook
Investment strategies across the Middle East are entering a pivotal phase as global markets brace for a year defined by…
GCC companies prioritise strategy, compliance, and technology as 2025 evolution sets stage for 2026
Gulf businesses are entering 2026 with a sharper focus on operational efficiency, compliance, and technology-led transformation, according to Sovereign PPG,…
Syrian central bank welcomes Visa's launch amid digital payments deal
Visa plans to launch operations in Syria following an agreement with the war-torn country's central bank on a roadmap to…
Mbank Eyes Switzerland
The digital bank Mbank from Abu Dhabi is sharpening its international focus and showing particular interest in Switzerland. The lender's…
Ooredoo Qatar announces srategic partnership with Oracle to deploy Oracle Alloy sovereign cloud and AI platform
Ooredoo, Qatar’s leading telecommunications and ICT provider, has signed a landmark agreement with Oracle to deploy Oracle Alloy, a next-generation…