Saudi, UAE Central Banks Team Up to Test Cryptocurrency
The central banks of the United Arab Emirates and Saudi Arabia are reportedly launching a pilot initiative that will see…
FinTech
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Interest in Islamic finance growing, says QCB Governor
The Islamic finance industry has grown considerably over the past decade to become one of the fastest growing financial systems…
Middle East professionals embracing bitcoin
As the fervor for cryptocurrencies climbs to a crescendo in Europe and the US, the countries of Asia remain mixed.…
NetGuardians Partners With Masaref – BSC in Middle East
NetGuardians has joined forces with Masaref Business & Systems Consulting, who will provide on-the-ground support for business development in the…
Got HSBC Visa card? You’ve got a refund for Dec. 2 overcharge
A number of HSBC bank customers in the UAE have been overcharged on their card purchases due to a technical…
Significant banking changes due to tech innovation
The rapid advancement in innovation is transforming the financial services industry, especially the banks, as technology has become an integral…
Saxo Bank 2018 Outrageous Predictions
Saxo Bank, has today released its 10 'Outrageous Predictions' for 2018. The predictions focus on a series of unlikely but…
Bahrain banks to set up dedicated R&D fintech firm
A trio of Bahraini banks has announced plans to establish a company dedicated to research and development in the sharia-compliant…
Moda Operandi, Women-Led Luxury Seller, Raises $165 Million To Speed Up Growth
Luxury online fashion retailer Moda Operandi has raised $165 million in growth capital as it increases its footprint in sought-after…
UAE ranks high in technology adoption in financial services
The UAE embracing digital adoption faster than West in all areas of life including financial services, according to a recent…
DFSA signs FinTech agreements with Hong Kong authorities
The Dubai Financial Services Authority (DFSA) deepened ties with regulators in Hong Kong today signing two cooperation agreements to enhance…
Islamic banks should embrace, not fear, disruption from fintech
Until a few years ago, Islamic banking was booming. With annual growth rates of 15 per cent or more in…