Egyptian fintech Khazna raises $38mln in Series A
Khazna, a Cairo-based fintech company has raised $38 million in a Series A round led by Quona Capital. Other investors…
FinTech
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Global Cloud Xchange partners with Equinix
Global Cloud Xchange has announced expansion of the partnership with Equinix, the world's digital infrastructure company™, to provide their customers…
SABB launches digital academy to qualify national cadres
The Saudi British Bank (SABB) has announced the launch of SABB Digital Academy, which aims to increase human capital entry…
Artefact strengthens Middle East presence with new Saudi office
International data science consultancy Artefact has launched a new office in Saudi Arabia, its second hub in the Middle East.…
Over $400bln required to bridge ‘digital divide’: Saudi-based ISDB chairman
The chairman of Jeddah-based Islamic Development Bank (ISDB) said that huge investments and more government efforts are required to help…
UAE teams up with IBM to boost Industry 4.0
The UAE’s Ministry of Industry and Advanced Technology has joined forces with US technology company IBM to boost the pace…
Technology partners intent to join forces with a new joint venture Alliance Networks
Alliance International Management (AIM) along with Amsterdam Internet Exchange B.V (AMS-IX), Bahrain National Holding Company (BNH), Gulf Bridge International (GBI),…
SAMA signs off permits for three new open banking fintech companies
The Saudi Central Bank, also known as SAMA, has granted permits allowing three new fintechs to operate under its regulatory…
Dubai's new crypto regulator brings UAE firm under its wing
BitOasis, a Middle East-focused crypto exchange based in the United Arab Emirates, has received provisional approval from Dubai's new crypto…
Nearly 95% people in Saudi Arabia report increased use of digital payments in 2021
Ninety five percent of respondents from Saudi Arabia reported an increase in their use of e-wallet and mobile banking in…
Israel's Pepper rolls out crypto trading
Bank Leumi's mobile-only challenger Pepper has partnered Paxos to add cryptocurrency trading to its investment platform. In a first…
A new hope for wealth and investment managers?
The pressure to achieve growth is constant. Therefore, the greatest challenge to our wealth management industry to continue this level…