Islamic banks ‘way ahead in adopting financial technology’
Fintech transformation in Islamic banks is well underway as institutions look to leverage the advantages it offers and realise the…
FinTech
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UAE: new consumer and data security law moves closer
A new federal law on consumer protection, with provisions on data security included, has moved closer to being finalised after…
UAE Central Bank and ADGM invite FinTech firms for an innovation challenge
The Central Bank of the UAE and the Abu Dhabi Global Market, the capital’s international financial hub, on Wednesday invited…
Dubai Startup Hub Market Access programme’s second cohort attracts 44 start-ups
Dubai Startup Hub has announced the successful conclusion of the Market Access programme’s second cohort, which saw several high-potential start-ups…
Saudi insurance firms to benefit from fewer claims, but challenges ahead
Despite a grim economic outlook, insurers in Saudi Arabia may have benefited from the recent coronavirus lockdown and are likely…
QIIB launches salary cards to pay workers’ salaries
Within the framework of its integrated corporate solutions, QIIB announced the launch of its latest corporate solution- the salary card…
Arab Monetary Fund prepares launch of international immediate payment service
The Arab Monetary Fund (AMF) is preparing to launch an international immediate payment service, as part of its cooperation with…
QNB launches new contactless campaign for Mastercard cardholders
QNB Group has launched an exclusive marketing program that offers QNB Mastercard cardholders the opportunity to win valuable daily prizes…
Burgan Bank launches its WhatsApp service
Kuwait City-based Burgan Bank has recently launched its new WhatsApp business service on 1804080 in collaboration with Infobip to address…
Here is why the UAE will become the number one global fintech hub
Financial technology, better known as fintech, has been a burgeoning sector for a few years now. It is the…
The world’s first gold-backed digital gold currency launched in the Gulf Cooperation Council, Middle East and Africa
IBMC Financial Professionals Group has joined hands with US Gold Currency Inc and Blockfills to bring the world’s first monetary…
Swissquote Bank launches trading certificates for pharma investments
Swissquote Bank is issuing a new trading certificate that enables investors to support companies in their fight against COVID-19. Available…