No VAT on ATM withdrawals in Saudi Arabia
No Value Added Tax will be charged on withdrawals from any ATMs, according to Secretary General of of the Committee…
FinTech
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‘Bitcoin is prohibited by Islam,' says Egyptian mufti
Egypt’s Grand Mufti Shawki Allam said in an official fatwa on Monday that trading with Bitcoin was "unlawful" according to…
Bank Sohar wins Infosys Finacle Client Innovation Award
Continuing the age of excellence, innovation and alacrity in Oman’s banking sector, Bank Sohar again has won an award for…
Banks need to adapt to millennials: Experts
Retail banking industry needs to start making more changes to appeal to its millennial customers and to avoid fintech companies…
Apple and Amazon in talks to establish a presence in Saudi Arabia
Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources told Reuters, part of…
Blockchain & Bitcoin Conference Turkey: Istanbul to discuss blockchain and the future of digital economy
Why Turkey? The country experiences an active development of the blockchain technology and cryptocurrency market. Currently, the country has successful…
Israel’s Cryptocurrency May Solve an Institutional Problem
Following in the footsteps of India, Russia, and Dubai, Israel is looking to launch its own national cryptocurrency. The…
Israel regulator seeks to ban bitcoin firms from stock exchange
Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the…
QIB the first bank in Qatar to implement Face ID for mobile app
Qatar Islamic Bank, has introduced facial recognition capabilities, Face ID, in its iOS and Android Mobile App, making it the…
Etisalat unveils Dubai Open Innovation Center
Etisalat has launched its Open Innovation Center in Dubai, showcasing innovative solutions and helping to drive digital transformation through the…
Dubai developer to accept crypto-currency payments
MAG Lifestyle Development has issued a statement announcing that customers will now be able to purchase property using the world’s…
Oman Arab Bank launches advanced automation system
In line with its strategy to transform itself into a pioneer in digital banking in Oman, Oman Arab Bank has…