National Bank of Bahrain Launches First Bitcoin Fund for GCC
The National Bank of Bahrain (NBB) has introduced its first Bitcoin investment fund, targeting institutional investors in the Middle East’s…
FinTech
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Backbase unveils Intelligence Fabric to unlock AI-productivity gains for banks
Agentic AI will allow banks to unlock productivity gains across all their critical customer servicing and sales operations. High priority…
Qatar digital assets regulation framework to accelerate fintech innovation
The Qatar Financial Centre’s new digital assets regulatory framework has introduced innovative legislation alongside amendments to existing laws on the…
WizzFinancial appoints Samir Vidhate as CEO of Xpress Money
WizzFinancial Group, a global fintech platform specializing in local payments and cross-border remittance, foreign exchange, lending, and payment gateway solutions,…
QNB becomes first bank to launch updated version of Visa Click to Pay service
QNB, the largest financial institution in the Middle East and Africa, became the first Bank in CEMEA (Central and Eastern…
Saudi Awwal Bank partners Singapore’s PayerMax for digital payment enhancement
Riyadh-headquartered Saudi Awwal Bank (SAB) has partnered with PayerMax for enhanced business payment solutions. According to a statement announcing…
Fawry’s BNPL business reaches EGP 1bln in total disbursements since inception
Fawry (the "Company", FWRY.CA on the Egyptian Exchange), Egypt's leading e-payments solutions provider, has announced that its Buy Now, Pay…
Kuwait suspends electronic banking for 60K with biometrics unregistered
Following the September 30 deadline for Kuwaiti citizens to undergo biometric fingerprinting, the Public Authority for Civil Information (PACI) has…
Mastercard and Amazon Payment Service join forces in Middle East and Africa
As part of the collaboration, the leading payment service provider (PSP) will adopt Mastercard Gateway – a single touchpoint for…
Dubai National Insurance awarded the “Best Digital CX Project”
Dubai National Insurance is excited to announce that their IT initiatives towards enhancing customer experience have been awarded the “Best…
How an AI-driven platform is bridging linguistic and cultural gaps in content creation
In the fast-paced world of content creation, artificial intelligence is reshaping industries and how we communicate. Yet while AI…
Mubadala acquires stake in Revolut
UAE-based investor Mubadala has announced its decision to take a substantial stake in fintech firm Revolut via a share sale…