UAE’s Invest Bank Selects Temenos Banking Cloud to Accelerate Digital Transformation with NdcTech
Invest Bank has selected Temenos to take its digital and core banking to the cloud, in partnership with NdcTech. …
FinTech
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Cisco to demonstrate latest range of security innovations at Black Hat MEA 2022 in Saudi Arabia
At Black Hat MEA 2022, Cisco will demonstrate its latest portfolio of security innovations, highlighting how organizations in Saudi Arabia…
Saudi Arabia’s PIF ups stakes in Meta and Alphabet in Q3
Saudi Arabia’s Public Investment Fund further increased its stakes in Meta and Alphabet in the third quarter of 2022, as…
Crypto's FTX CEO looking at all options as Binance deal collapses
FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with…
World must take cyberattacks as seriously as terrorism, Saudi energy minister warns
International agreements are needed to thwart the growing risk of cyberattacks, according to Saudi Arabia’s Minister of Energy Prince Abdulaziz…
Egyptian credit platform Blnk raises $32 million
Blnk raises $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion…
HP announces new leadership team in the Middle East
Peter Oganesean becomes the new Managing Director of HP Middle East HP announces new leaders in the Middle East and…
Saudi Arabia unveils open banking framework
Saudi Arabia's central bank has published an open banking framework, setting out legislation, regulatory guidelines and technical standards. The…
QIB introduces Samsung Wallet to customers
Qatar Islamic Bank has announced the launch of Samsung Wallet, a secure and easy-to-use mobile payment service for all QIB…
Open Finance platform Fintech Galaxy scores Central Bank of Bahrain license
Fintech Galaxy has become the first central bank regulated Open Finance platform in the MENA region after receiving a license…
Digital payments surge 34% to $8.5bln in Bahrain
Cashless payments are gaining wider traction in Bahrain, with the volume of point of sale (POS) transactions posting significant growth…
Binance CEO sees no threat to crypto from central banks' digital currencies
Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain…