Iran President Urges Islamic States to Tap into Scientific Potential
Iranian President Hassan Rouhani has mentioned several key issues in an address to the first Organization of Islamic Cooperation summit…
FinTech
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Now Money closes $1.46M bridge funding round
UAE-based fintech startup Now Money closed this week a bridge funding round with a total of $1.46 million. The…
Saudi Arabia's PIF, SoftBank to launch robotics initiative
Saudi Arabia’s sovereign wealth fund is preparing to launch a pioneering robotics initiative with Japanese technology company SoftBank Group, the…
Abu Dhabi Global Market receives 166 applications for fintech challenge
Financial free zone Abu Dhabi Global Market received a total of 166 applications in less than two weeks for its…
Bank Hapoalim, Microsoft join forces on Blockchain technology
Israel’s Bank Hapoalim and software giant Microsoft said Wednesday they would collaborate to set up a platform to create digital…
Baroness Mone banks on bitcoin for sale of luxury Dubai homes
This week will see the launch of a new and innovative project as The Knox group of companies launch their…
Mideast fintech startup NOW Money fetches $1.46 mln
NOW Money has closed its bridge funding round with a total of US$1.46m. In addition to the recent US…
AI Investments In The GCC Have Great Potential
Artificial Intelligence is being embraced by many companies and organizations in the Middle East to cater to a range of…
Commercial Bank of Dubai upgrades core system with ITS
International Turnkey Systems, the market leading provider of comprehensive Shariah-compliant financial solutions, announced the successful package upgrade of PHOENIX Core…
Mashreq Bank signs for NCR video and tablet banking tech
NCR Corporation has announced that Mashreq Bank will revamp its banking services in the country with a host of innovative…
Isle of Man firm to launch $325mln Dubai property priced in bitcoin
The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a…
Companies incur big losses as IT frauds rise
The incidents of IT-based frauds are rising in organisations, raising concern among corporates and external key stakeholders on how to…