Zeta secures $250m investment from SoftBank
Dubai-based banking tech startup, Zeta, has secured $250m in investment from SoftBank Vision Fund 2, it announced on May 24.…
FinTech
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Kuwait central bank issues warning against digital currencies
Digital currencies aren’t real currencies, are highly risky and they pose a threat to the global financial system, the Central…
UAE welcomes new blockchain platform
Abu Dhabi-headquartered telecommunications company Etisalat has launched a blockchain-based platform designed to prevent fraud in relation to trade invoices. Etisalat…
Path Solutions successfully completes system upgrade at KFH
Path Solutions has announced that Kuwait Finance House (“KFH”), Kuwait’s Islamic banking pioneer has successfully completed the upgrade of its…
Cloud-based computerized maintenance management systems to gain popularity within small & medium sized enterprises: FMI
ESOMAR-certified consulting firm Future Market Insights' computerized maintenance management system (CMMS) market report expects a significantly positive outlook through 2021,…
AWS to Open Data Centers in UAE
Amazon Web Services has announced that it plans to open an infrastructure region in the United Arab Emirates (UAE) in…
Danish investment bank Saxo to launch crypto trading platform in Mideast
Danish trading and investment specialist Saxo Bank is launching a new cryptocurrency product, allowing clients from the Middle East and…
Dubai Debuts Own Cryptocurrency
Cryptocurrency is a hot topic right now. Over the last twelve months, Bitcoin has risen once again, soaring beyond $10,000,…
The future of wealthtech in the GCC
Clear waves of change are expected in the GCC wealth management sector. Invested and investable assets are shifting towards younger…
Protiviti partners with Sword GRC to offer award winning Governance Risk & Compliance solution in the Middle East
Protiviti Member Firm for the Middle East Region has partnered with Sword GRC for a new offering of the complete…
Sharjah’s investment ecosystem keen to woo Chinese businesses
Continuing its to drive new and diversified investments into the emirate, the Sharjah FDI Office (Invest in Sharjah), operating under…
Gulf Bank of Kuwait selects Accura Scan for KYC User Onboarding
Taking another step towards a digital banking system, the Gulf Bank of Kuwait signs the deal with Accura Scan for…