Why Do Saudi Arabia and UAE Want a Common Digital Currency?
Such an experiment with the creation of a single digital currency between states would be the first in the world.…
FinTech
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Digital Incubation Centre participates in QDB’s investment forum
The Digital Incubation Centre at the Ministry of Transport and Communications participated in the ‘3rd QDB Investment Forum’ organised virtually…
Saudi central bank governor expects more competition, growth in fintech
The Saudi Central Bank (SAMA) expects more competition and growth in the new sectors such as financial technology (fintech), as…
Commercial Bank of Dubai Recognized with Best Commercial Bank and Best Digital Transformation Awards by MEA Finance
Commercial Bank of Dubai, one of the leading banks in the UAE, has won the "Best Commercial Bank" award and…
Digitisation wave set to continue in UAE banking
Covid-19 and the resulting lockdowns and social distancing measures have spurred rapid adoption of digital banking — a trend that…
DIFC Fintech Hive Signs Landmark Agreement with Israel’s Fintech-Aviv
DIFC FinTech Hive, the largest financial technology hub in the Middle East, Africa and South Asia (MEASA) region, part of…
ADSS Partners with LiquidityFinder to Provide Tailored Liquidity Solutions
ADSS has announced a partnership with LiquidityFinder.com to provide institutional clients with bespoke liquidity and trading technology solutions. Sam…
GCC mobile phone market remains sluggish as consumers stay cautious
The overall mobile phone market of the Gulf Cooperation Council region experienced a very slight quarter-on-quarter (QoQ) decline of 0.2%…
'Qatar has potential to become de-facto hub for the Gulf tech'
Cash-rich Qatar should focus on later stage startups than early stage entities as the country has the potential to dominate…
Bitcoin Soars to All Time High, Breaking Its Prior Record
Bitcoin soared to a record high against the dollar on Monday, as its 2020 rally steamed ahead, boosted by increased…
Wealth management of tomorrow: Is it human or hybrid?
In a world interspersed with digitalisation and upended by disruptive technologies, digital enablement translates into sustainability. This may prompt…
Online portal for UAE economic substance regulation notifications to go live
The United Arab Emirates (UAE) authorities have confirmed that notifications and annual reports due under its new Economic Substance Regulations…