Blockchain adoption to fuel fintech growth
The UAE's fintech sector is poised for robust growth and will witness large collaborations with banks, said Raja Al Mazrouei,…
FinTech
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Is UAE the global blockchain capital in 2020?
United Arab Emirates has been keen to adapt and change with the world and is now on the verge to…
Oman Oil and Orpic Group and HSBC execute first blockchain trade transaction in Oman
Oman Oil and Orpic Group and HSBC Bank Oman SAOG (HSBC Oman) have successfully executed the first blockchain trade finance…
GCC states missing from annual Deloitte and KPMG tech lists
Despite concerted efforts toward establishing the region as a technological innovator, and in particular a global fintech hub, the Gulf…
Could Artificial Intelligence be the answer to economic diversification in the GCC?
Witnessing a global shift towards Artificial Intelligence (AI) in recent years, the Gulf Cooperation Council (GCC) states have introduced advanced…
MOF Announces Strategic Partnership With Finovate Middle East
The Ministry of Finance announced its strategic partnership with the second edition of Finovate Middle East, a pioneering event in…
Crypto-currencies pose no threat to Oman’s financial sector: CBO
Crypto-currencies, which reportedly have generated fabulous returns and losses as well for investors elsewhere around the world, do not currently…
Bahrain bank, China firm create $50m venture capital fund for Middle East tech market
A new $50m venture capital fund has been launched by Al Salam Bank-Bahrain (ASBB) in partnership with China-based MSA Capital…
Wethaq launches first fintech Sukuk on its market infrastructure using SWIFT gpi Link
Wethaq has announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital…
SABB and HSBC complete first blockchain trade transaction in Saudi Arabia and Bahrain
SABB and HSBC have for the first time used blockchain technology in Saudi Arabia and Bahrain to finance international trade.…
How Machine Learning is Changing Data Management and Investment Processes for Active Managers by Martijn Groot, Asset Control
AI and Machine Learning techniques are finding their way into financial services. Ranging from operational efficiencies to more effective…
Bahrain's Push to Fintech by Central Bank
Predominantly an oil-based economy, Bahrain has been investing a lot to diversify its businesses as world-over countries are looking for…