Saudis take on self-isolation through the internet
As Saudis go head-to-head with the coronavirus, taking precautionary measures through self-isolation, the internet has become an essential tool for…
FinTech
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DriveWealth signs UAE-based WealthFace
DriveWealth has announced a new partnership with Wealthface. The agreement marks DriveWealth's first initiative in the Middle East and…
Aion Digital, Qarar team up to boost digital banking in Middle East
Fintech firms Aion Digital and Qarar have joined forces to accelerate the growth of digital lending growth across the Middle…
QIB calls on customers to use online platforms for all banking transactions
Taking into consideration the ongoing pandemic, Qatar Islamic Bank has urged customers to bank safely by using its mobile application…
Finablr faces possible insolvency; central bank seizes UAE Exchange ops
Travelex-owner Finablr warned on Tuesday it was preparing for potential insolvency, while operations of its unit in the United Arab…
SEED Group forms new strategic partnership with 8topuz in MENA region
With a core focus of 8topuz’s international and regional strategy beginning to establish a strong presence and service clients in…
Egypt's central bank to support e-payments, fintech, and more
Measures to support electronic payment system and financial technology (fintech) have been reviewed by the Central Bank of Egypt (CBE).…
Ithmaar Bank encourages customers to bank online, help contain the Coronavirus (COVID-19) virus
thmaar Bank yesterday (ed note: 15/03/2020) encouraged its customers to bank online so as to help contain the Coronavirus (COVID-19)…
Abu Dhabi Securities Exchange temporarily closing Trading Halls
Abu Dhabi Securities Exchange has announced to the investor community that the Exchange is temporarily closing its trading hall in…
Banking Challenger Moven Partners STC Pay to Introduce New Banking Service for Young People in Saudi Arabia
Two Fintech companies are teaming up to develop a new banking service for young people living in Saudi Arabia, who…
Al Wifaq International Islamic Bank selects ICSFS core banking package
Al Wifaq International Islamic Bank for Investment and Finance has selected the most holistic Islamic banking software; ICS BANKS ISLAMIC…
UAE’s FlexxPay receives new investment from MEC Ventures
FlexxPay, a FinTech company with offices in the GCC and Europe, focusing on employee benefit solutions, announced that MEC Ventures,…