E-payment system temporarily down: Dhofar Municipality
Dhofar Municipality has announced the temporary closure of the electronic payment systems on Thursday, 31st December 2020 A statement…
FinTech
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Emirates NBD recognised as Best Retail Bank in UAE by Retail Banker International
Emirates NBD has won top international honours for its leadership in retail banking and digital innovation at the recently held…
Pandemic speeds up UAE’s transition to cashless ecosystem
The Covid-19 pandemic has accelerated the UAE’s transition to a cashless society by increasing people’s trust in digital transactions and…
Kingdom launches digital economy policy to accelerate digital economy growth
Saudi Arabia has announced the launch of Kingdom’s digital economy policy aimed at supporting national economic development, increasing the Kingdom’s…
Digital Financial Services in Egypt are Still Not Widely Adopted but May Grow Steadily, Fintech Entrepreneur Reveals
Many more Egyptians are now using online or all-digital platforms and services, and the nation’s government is planning to support…
Italy's Gellify seeks Middle East start-ups with fund that could hit $50m
Italian-based B2B software start-up focused accelerator and investor, Gellify, has expanded into the Middle East with ambitious plans to recruit…
Over 80 New Fintech Initiatives Joined Dubai International Financial Centre in H1 2020, a 75% YoY Increase
Although Dubai’s economy is projected to contract by 6.2% this year, with the travel and hospitality industries hit really hard…
Arab Monetary Fund announces full live operations of Buna
The Arab Monetary Fund has announced today that Buna (the regional cross-border payment system owned by the AMF) is currently…
Oman: Seven arrested on charges of online fraud
Seven expats have been arrested by the Royal Oman Police (ROP), on charges of online fraud. A statement issued…
TAWAL adopts smart towers using Internet of Things to manage its infrastructure efficiently
TAWAL has recently signed an agreement with MachinesTalk the leading national provider of Internet of Things (IoT) solutions, under which…
UAE's first crypto library at Abu Dhabi’s Technology Innovation Institute
Abu Dhabi’s Technology Innovation Institute (TII), the applied research pillar of the Advanced Technology Research Council (ATRC), announced on Tuesday…
National Bank of Oman upgrades its CIB platform with the Arabic language
As part of its commitment to create user-friendly financial services that suit its clients’ needs, National Bank of Oman (NBO)’s…