UAE digital investments grow to $799mln in three years
In three years, the UAE has grown the size of its investment in technology from $35 million (Dh128.5 million) in…
FinTech
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CLEARLY: a digital-only banking proposition set to launch in Dubai
A new way of banking for the Middle East, CLEARLY is smart and simple to use and ensures customers’ needs…
High measures to block ‘ransomware’ attack across Arab banks
Banks and financial institutions in the Arab countries have taken precautionary measures in order to anticipate the unprecedented electronic attacks…
Al Baraka Banking Group and Flat6Labs to support entrepreneurs and start-ups
“Innovative start-ups are critical for the resilience of Bahrain’s economy and for its continued growth. We are proud to…
Blockchain technologies could significantly improve financial institutions’ efficiency: KPMG
A blockchain is a permanent record of transactions in a network. Blockchain-based systems make the process of gathering, sharing and…
Fidor Strengthens its Leadership Team With New Global CFO Hire
- Fidor Solutions, the leading digital banking solution and fintech provider, is gearing up in support of its international expansion…
UAE ahead of curve in use of technology for sector
The UAE is ahead of the curve in using new technologies such as Blockchain and boosting regulations that will increase…
Islamic Development Bank launches Innovation Forum to empower youth
Cultural barriers, lack of adequate investment in research and development and a low rate of graduates in scientific fields are…
Call for collective action against cyber attacks
Even as governments and companies around the world began to fight back against the WannaCry ransowmware attack, media outlets around…
Mubadala Plans to Invest Up to $15 Billion in SoftBank Fund
Abu Dhabi’s Mubadala Investment Co. plans to invest as much as $15 billion in SoftBank Group Corp.’s Vision Fund and…
Blockchain gains momentum in the Middle East
Blockchain is gathering momentum in the Middle East, as banks and government agencies in the region overcome their initial suspicions…
Dubai’s Mashreq to launch new digital bank, CEO says more UAE bank mergers likely
Dubai bank Mashreq will be launching a new digital bank this year, its CEO Abdul Aziz Al Ghurair confirmed on…