ADGM signs mou with Central Bank of Bahrain to promote innovation in financial sector
Abu Dhabi Global Market and Central Bank of Bahrain (CBB) signed a Memorandum of Understanding (MoU) to promote and facilitate…
FinTech
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Middle East’s banking industry headed for tech revolution
The Middle East’s banking industry is gaining pace in technology adoption and is catching up with the rest of the…
Bahrain eyes open banking; CBB issues draft rules
The Central Bank of Bahrain today issued for consultation the draft rules on “open banking”, which is a relatively new…
First Abu Dhabi Bank taps AI tools for merchants portal
UAE’s largest lender, the First Abu Dhabi Bank (FAB) has leveraged Artificial Intelligence (AI) and machine learning tools to develop…
Running behind: Arab regulators need to move faster and in step to catch up with banking innovation – Dubai-based fintech CEO
Regulators in the Arab region need to cooperate more and move faster to catch up with the pace of innovation…
Dubai payments firm Network International selects banks for potential listing
The private equity owners of Middle Eastern payments firm Network International have selected investment banks for a potential listing, according…
Middle Eastern Nations Aim to Become Force for Innovation
The Middle East has long been reliant on an old resource to power its economy: Oil But despite the…
Bahrain authority recognises InfoWatch’s contribution to cybersecurity
Russian information security company InfoWatch Group has been recognised at the Bahrain Technology Awards, which was held during GITEX Technology…
WeInvest sets eyes on UAE, opens office in DIFC
WeInvest has announced the opening of its office in the Dubai International Financial Centre. Their entry into the UAE…
Standard Chartered rolls out instant messaging service for priorty clients
Standard Chartered is introducing new secure instant messaging and file-sharing features on mobile, tablet and laptop. Private and Priority…
Dubai’s first regulated cryptocurrency exchange launches
Crypto Bulls, Gold Gulf Coin, and the Al Zarooni Foundation have collaborated to launch the first registered cryptocurrency exchange in…
QAB Launches Innovation Lab, Hub
Oman Arab Bank (OAB), launched the Innovation Lab and Innovation Hub event in the presence of Rashad al Musafir, CEO,…