Cryptocurrency traders use old gold in drive to draw Islamic investors
In Dubai’s decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the…
FinTech
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What you need to know about cryptocurrencies in UAE
Blockchain technology is an application of a decentralised and cryptographically secured distributed ledger technology, operating on a peer-to-peer basis. …
Social media is new hub for scamsters in UAE
After the successful crackdown by the Sharjah Police on mobile phone scamsters who used to call up subscribers, informing them…
Islamic finance embraces fintech
While banking and financial institutions in many corners of the globe have embraced the benefits technology has brought to the…
A Saudi Silicon Valley? No easy feat, experts say
Throughout his US tour, Saudi Crown Prince Mohammed bin Salman has painted a picture of a changing society in his…
ADFG takes stake in 500 Startups
Abu Dhabi Financial Group has acquired a “strategic stake” in Silicon Valley-based venture fund and accelerator 500 Startups. The…
Avaloq strengthens global leadership team
Avaloq has appointed Paco Hauser to the role of Regional Manager EMEA. The appointment forms part of Avaloq’s global strategy…
Dubai-based cryptocurrency sued by Chinese giant Alibaba
Dubai-based Alibabacoin Foundation, the company behind the recently launched cryptocurrency Alibabacoin, is being sued by Chinese e-commerce giants Alibaba for…
Islamic Development Bank launches USD 500 million "innovation fund"
The Islamic Development Bank launched on Tuesday a USD 500 million "innovation fund" for funding scientific and technological inventions throughout…
Blockchain in Israel: A diamond in the rough?
While future of Bitcoin unclear, there is large potential to the blockchain technology it's built on Bitcoin, the digital…
Commercial Bank mobile app features voice recognition
Commercial Bank has redesigned its mobile banking app with significant improvement to the user interface, making banking easier and convenient…
Israeli startup eToro mulls future London float as it rides cryptocurrency boom
n Israeli investment and cryptocurrency trading start-up is considering London for a potential listing. Headquartered in Tel Aviv, eToro…