Dubai Holding to launch region’s first digital bank
Dubai Holding, the global investment holding company, has announced it will invest up to AED 1 billion over the next…
FinTech
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STEP2018's new format saw attendance boosted and increased investor interest in MENA tech startups
STEP2018, the MENA region’s favorite experiential tech festival, recorded a 20% increase in attendance and a higher level of investor…
IBM opens Innovation & Industry Client Centre in Abu Dhabi
IBM has launched a new Innovation and Industry Client Center in Abu Dhabi. The centre aims to fast track…
UAB calls upon banks, Arab financial institutions to exert greater efforts to spread fintech, curb risks
The Union of Arab Banks (UAB) called upon banks and Arab financial institutions to develop legal frameworks for electronic payment…
ADFG's Algorythma launches next-gen investment management platform
Investera is initially being aimed at the United Arab Emirates, Kingdom of Saudi Arabia, Kuwait and Bahrain. The platform…
Bahrain's GFH buys majority stake in The Entertainer
GFH Financial Group on Tuesday announced the signing of a landmark deal to acquire a majority stake in The Entertainer,…
Technology and regulatory changes to have transformative effect on Omani banks: KPMG
Oman’s banking sector remains in a fairly robust position underpinned by strong asset growth and innovation through technology, which is…
New Bank Joins Ripples Enterprise Blockchain Network
There is a new member of the current Ripples global network payment providers and also the banks. BankDhofar, the…
UAE MoE launches programme to support innovative companies
The National Programme for Supporting Young Innovative Companies was launched as part of its participation in the third Government Accelerators…
UAE cements position as regional hub for digital entrepreneurship
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council,…
New platform to help navigate UAE's free zones
An online UAE Free Zone Navigator has been launched to help entrepreneurs, investors, and companies determine the most appropriate free-trade…
SAMA launches Fintech Saudi initiative to enable financial technology sector
In its Riyadh headquarters, the Saudi Arabian Monetary Agency SAMA launched the Fintech Saudi initiative in order to uphold the…