Qatar announces ban on Cryptocurrencies
The Qatar Financial Centre has recently announced that it has banned all cryptocurrency-related services and activities within the sector. …
FinTech
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Bahrain's GFH buys 70% stake in Dubai Fintech major Marshal
Bahrain-based GFH Financial Group on Tuesday announced the acquisition of a 70 percent stake in Marshal, a pan-MENA Fintech company.…
The future is here: Using cryptocurrency to buy real estate in Dubai
Paying for real estate using cryptocurrency is becoming increasingly accepted by real estate development companies in Dubai and other emirates.…
Africa and Middle East to invest $15B by 2023 in blockchain, AI: Report
Government spending on information and communications technologies in the Middle East and Africa region is projected to cross the $15…
Accenture Middle East launches tourism innovation hub in Dubai
Accenture Middle East has launched a new innovation hub in Dubai aimed at developing smart solutions for the local tourism…
85% of banks to embed artificial intelligence by year-end in bid to streamline know-your-customer procedures
The Middle East and Africa's banking and finance industry spent $12.68 billion on information and communications technology in 2019, according…
Gulf Bank, Instimatch tie up for digital cash deposits
Kuwait-based Gulf Bank has signed up as a client of Instimatch Global, an international digital network for institutional money market…
TCS BaNCS selected by BSF to enhance customer experience
Banque Saudi Fransi has selected the TCS BaNCS Global Banking Platform by Tata Consultancy Services, a Mumbai-based IT services, consulting…
StanChart says rising project finance and digital tech investments will drive regional growth
Saudi Arabia’s economic diversification push, the financing of new infrastructure projects and the requirement for investment into digital technologies will…
Egypt’s Oldest Bank Taps Ripple Remittance Solution
The largest government-backed banking institution in Egypt, the National Bank of Egypt has announced the signing of a cooperation agreement…
Deloitte Showcases Latest In AI Technology In Dubai
Deloitte has launched its Middle East inaugural Experience Analytics event in Dubai at Dubai Studio City. Experience Analytics is…
Qatar bans cryptocurrencies after updating its AML laws
Qatar joined a number of countries across the globe that are implementing stricter laws to combat the illicit use of…