Basata raises equity in Jordan’s Madfoatcom to expand regional business
Egypt-based fintech Basata Holding for Financial Payments has reinforced its position in Jordan by acquiring an additional stake in MadfoatCom,…
FinTech
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Invest Qatar and Naseej for Technology to jointly drive digital innovation and growth
The Investment Promotion Agency Qatar (Invest Qatar) has unveiled a new partnership with Naseej for Technology, a digital transformation solutions…
Doha Bank launches digital account opening via Mobile Banking app
Doha Bank has announced the launch of its new digital account opening feature through its mobile banking application, marking a…
Mubadala sovereign wealth fund invests $437m in Bitcoin. There’s more…
It’s been widely reported that Mubadala Investment Co recently made a significant investment in Bitcoin via BlackRock’s iShares Bitcoin Investment…
Fawry launches e-wallet deposit, withdrawal service via partnership with Banque Misr, EBC
Fawry partnered with Banque Misr and Egyptian Banks Company for Technology Advancement to launch a new cash in and out…
Alinma Bank signs with IBM for hybrid cloud and AI integration
This move aims to enhance Alinma Bank’s IT infrastructure and launch a pioneering Application Programming Interface (API) Platform. This development…
DGHR signs MoU with Digital Dubai Authority to enhance joint cooperation
As a part of the strategic efforts to achieve the goals of ‘Dubai Economic Agenda D33’, the Dubai Government Human…
KPMG expands PREVA accounting service into Saudi Arabia, Jordan and Lebanon
Following the launch of PREVA in the United Arab Emirates and Oman, KPMG is now expanding the service to three…
Saudi BNPL fintech Tabby raises $160m Series E, IPO plans reportedly underway
Tabby, a buy now, pay later fintech based in Saudi Arabia, has raised $160 million in a Series E funding…
Saudi fintech firm RasMal nets $4.8m pre-series A
Saudi fintech firm RasMal raised 18 million riyal (US$4.8 million) in a pre-series A round led by Syndicate Element Holding…
Why is Top Fintech Talent Considering Moving to the Middle East?
As the push to recruit top fintech talent becomes increasingly competitive, the Middle East has emerged as a contender to…
Google Cloud and Accenture launch Generative AI Center of Excellence in Saudi Arabia
Google Cloud and Accenture are extending their pan-global Generative AI collaboration into the Saudi market, launching their latest Center of…