UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents
The National Bank of Ras Al Khaimah — a government-owned bank in the United Arab Emirates (UAE) — has partnered…
FinTech
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Riyadh-based FinTech platform Tweeq raises a seven-figure investment round, co-led by STV and Raed Ventures
Riyadh-based FinTech platform Tweeq raises a seven-figure investment round, co-led by STV and Raed Ventures Tweeq will allow its users…
Arab Financial Services introduces Samsung Pay to Oman
As the region's leading digital payment solutions provider and fintech enabler, AFS is once again demonstrating its commitment to driving…
National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai
National Bank of Fujairah (NBF), a full-service corporate bank based in the UAE, has partnered with Intellect Global Transaction Banking…
Sav secures Dubai license
Sav, a UAE-born fintech, received an in-principle approval for a Category 4 license from the Dubai Financial Services Authority (DFSA).…
85% of GCC firms rank innovation as a top priority: BCG
Companies in the Gulf Cooperation Council prioritise innovation more than ever—with 85% of senior executives in the region ranking it…
ICAEW and UAE Banks Federation join forces to guide firms in digital currency adoption
CBDCs are digital forms of a country's sovereign currency, issued and regulated by the central bank. They are designed to…
Kuwait’s Boubyan Bank selects Temenos to modernize retail, corporate and private banking platform
Temenos has announced that Boubyan Bank, the second largest Islamic bank in Kuwait, has selected Temenos to modernize its core…
Egyptian lending marketplace Qardy secures pre-Seed investment
Qardy offers a wide range of tailored financial programs from a network of commercial banks, leasing, factoring, and micro-finance companies,…
India and the UAE lead globally in adoption of AI and Gen AI
When it comes to the use of artificial intelligence (AI) in business, India and the UAE take the prize for…
Finastra and Tech Mahindra sign strategic partnership to accelerate digital transformation for corporate banks
Tech Mahindra has announced a strategic partnership with Finastra, a global provider of financial software applications and marketplaces, to help…
Riyad Bank introduces first AI center in Saudi banking industry
Saudi Arabia’s digital banking has achieved a significant advancement after a leading bank introduced artificial intelligence technology, significantly enhancing its…