Some banks in UAE ban online cryptocurrency trading
Banks in UAE have banned online trading transactions, involving cryptocurrencies. The money transfer and compliance departments have called for…
FinTech
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Dubai Internet City firms attract over $2.1bn since hub's launch
Members of the Dubai Internet City community have collectively attracted AED7.8 billion ($2.1 billion) in funding since its launch, the…
GFH-Bahrain FinTech Bay partnership launched
GFH Financial Group today announced its recent partnership with Bahrain FinTech Bay establishing the Group as a Founding Partner of…
Bank initiative seeking to remove Dh65.4 billion in cash from UAE streets
Maki Vekinis, the managing director of Emirates Digital Wallet, wants to take Dh65.4 billion off the streets of the UAE…
Citi accelerates implements its global digital strategy in UAE consumer and wealth business
Citi, as part of realigning its consumer banking strategy across all its markets with focus on emerging affluent and affluent…
UAE Cybersecurity Firm Doubles Revenue to $400 Million
DarkMatter, a three year-old United Arab Emirates-based cybersecurity firm, has more than doubled revenue last year to over $400 million.…
Fintech firms must ‘collaborate or fail’ warns Capgemini
The rise of FinTechs continues to revitalize the financial services customer journey; however, many startups have realized they will struggle…
Cross border synergies are vital for Qatar’s fintech sector development, says Doha Bank CEO
There has been a “significant push” to promote Qatar as a regional fintech hub, according to a senior official at…
Achieving innovation in Islamic Economy
The previous edition of the International Innovative Platform for Islamic Economy Products coincided with the announcement of UAE Innovation Week.…
Wealth Migrate to present blockchain-based global real estate platform at Finovate Middle East
Wealth Migrate has been selected to showcase its newest technology at Finovate Middle East 2018 (Dubai, February 26-27). Finovate…
Cryptocurrencies are Here to Stay: Dubai Has Spoken
More than 4,000 participants from 140 countries, including heads of state and governments, Hollywood stars like Robert De Niro and…
Saudi blockchain pilot could save banks up to $400m per year, Moody's says
Saudi Arabian banks could save up to $400m per year using blockchain software to facilitate cross-border payments, which is a…