Noor Bank, Smart Dubai explore latest innovations in banking
UAE-based Shariah-compliant bank Noor Bank has highlighted how the latest technological innovations are impacting the banking and finance sectors. …
FinTech
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Warba Bank launches unique digital service
Kuwait-based Warba Bank, a leading Islamic bank in digital services, recently launched “Hassala/ Money Box”, the newest digital service through…
UAE Central Bank to roll out FinTech office to develop countrywide ecosystem
The Central Bank of the UAE is setting up a dedicated FinTech office to develop countrywide regulations for financial technology…
UAE takes leadership role in digital transformation
When it comes to digital transformation, the UAE has taken a leadership role in the Middle East region with the…
Islamic finance entrepreneurs eye new frontiers
Daniel Ahmed had raised $2.5m from wealthy Gulf investors to create a sharia-compliant crypto currency. But as the blockchain bubble…
EPRI partners on AI, blockchain and cybersecurity R&D in the Gulf
The Electric Power Research Institute has signed a Memorandum of Understanding to conduct research and development of energy technologies with…
Dubai Police Arrest “Middle East Bitcoin” or Habibi Coin Founder for Defrauding Millions from Investors
In a strange irony, ‘serial multimillionaire’ Dubai based entrepreneur and philanthropist, Aziz ”Com” Mizra, was taken into custody early on…
ADIB creates new innovation centre "ADIB Simple Lab"
Abu Dhabi Islamic Bank known as the “ADIB Simple Lab”, to create and invest in new technology in line with…
ADGM's FinTech digital lab opens for member applications
Abu Dhabi Global Market has announced that its Digital Lab for financial technology is open for member applications. Interested applicants…
Ithmaar Bank launches WhatsApp chat service
Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched its customer-centric chat service on WhatsApp Business social media platform aimed…
Riyad Bank launches $27mln fund for fintech startups
Riyadh Bank has launched a 100 million Saudi riyals ($26.7 million) program to invest in financial technology startups, the bank…
UAE Accepts Crypto Regulation, Blockchain Projects Stand to Benefit
The Securities and Commodities Authority in the United Arab Emirates has drafted a resolution on regulating crypto assets, providing greater…