Saudi female elected first president of Digital Cooperation Organization
Saudi Arabia was elected president of the Digital Cooperation Organization (DCO) and Saudi national Deemah Alyahya was appointed the first…
FinTech
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Israeli regtech AML firm ‘considers public listing’ ahead of expected AI boom
Israeli cyber security firm ThetaRay is considering listing on the stock market following an increase in the valuation of regtech…
Lootah Global Capital and Heritage Amanah International to advice on Indonesian tech company's Gulf IPO
Dubai-based Lootah Global Capital and Indonesian wealth advisory firm Heritage Amanah International will advise on the initial public offering and…
Ministry of Economy extends deadline for registration in anti-money laundering regulations until April 30
The Ministry of Economy announced the extension of the deadline granted to Designated Non-Financial Businesses and Professions to register in…
Challenger Banks in the Middle East: For The Digitally Savvy
This month, The Fintech Times is focusing on Challenger banks, their evolution and their successes. With challengers and neobanks thriving…
Abu Dhabi Islamic Bank partners with IBM to accelerate its digital transformation
Abu Dhabi Islamic Bank (ADIB) has announced a new collaboration with IBM, an American multinational technology company, to fast track…
Emaar chief, Mohamed Alabbar, to chair new UAE digital bank
Mohamed Alabbar, founder of Emaar and e-commerce platform Noon.com, will chair Zand, the world’s first digital bank to provide both…
Saudi expansion in focus for Paymob after record Egypt fundraise
Egyptian digital payments provider Paymob will use fresh funding to enter Saudi Arabia and expand at home, as the pandemic…
Qatar participates in GCC meeting on municipal legislation
The State of Qatar, represented in the Ministry of Municipality and Environment, participated in the 3rd GCC meeting on developing…
Investments get ‘real’ as inflation fears dim appeal of bonds
Electric vehicle infrastructure, top-end offices and industrial metals — with a resurgence in inflation seemingly on the horizon, investors are…
Egypt's Paymob scoops $18.5 million in new funding
Egyptian digital payments provider Paymob is to further its expansion into Saudi Arabia and other Middle East markets after receiving…
Bahrain's Bet On Fintech
Developing a thriving fintech sector is a key component of Bahrain’s broader plan to move away from its traditional reliance…