Digital payments could net Dubai $2.2 billion, if it can escape habitual use of cash
A new study, commissioned by Visa, has found that moving away from cash could yield up to $2.2 billion (Dh8.08…
FinTech
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Kuwaiti investors lose millions in Bitcoin – report
Approximately 12,000 investors in Kuwait have lost half the value of their portfolios trading in the volatile cryptocurrency market, according…
Fintech Investor and Blockchain Advocate David Drake Joins Credium's Advisory Board
Credium announces that Cryptocurrency Expert, David Drake (currently Chairman at LDJ Capital) is joining the Credium team as an in-house…
Experts for regulation of cryptocurrencies
Adoption and regulation of fintech, blockchain and cryptocurrencies was one of the hot topics discussed at the MENA Regulatory Summit…
Nasdaq and Palestine Exchange sign new market technology agreement
Nasdaq Inc. and Palestine Exchange have signed a new market technology agreement for Nasdaq to deliver new matching engine technology…
Cisco appoints General Manager for Oman
Oman’s government departments and businesses are on a drive to evolve the way they serve citizens and customers. The country-specific…
75 UAE bank branches shut in digital drive
The number of bank branches in the UAE decreased during 2017 after the merger of NBAD and FGB as well…
Embracing artificial intelligence: Do UAE banks have a choice?
Much has been said and written about disruptive technologies and how they are shaking things up across industries. But…
National Bank of Abu Dhabi Partners With Ripple To Offer Real-Time Cross-Broder Payments
Ramana Kumar, Managing Director and Head of Business and Product Management at Global Transaction Banking (GTB), appreciates the potential of…
Saudi Arabia Weighing ‘Soft’ Crypto Regulation
Saudi Arabia is watching the cryptocurrency market closely and while local authorities have not yet put any restraints on crypto…
Investment in cryptocurrencies a risk
Head of Central Bank of Iran's Information Technology Department has warned against investing in digital currencies. Nasser Hakimi told…
Dubai-based crypto exchange opens for new GCC, UAE registrations for one day
BitOasis, a digital asset wallet and exchange platform for cryptocurrency, has enabled submissions of new account verifications for one day…