05/20/2019
Saudi start-ups in a charm offensive in Paris
On April 25, 2016, the Saudi government announced what was to be a major economic transformation: the Vision 2030 plan.
FinTech
05/20/2019
Emirates NBD Transforms its Digital Banking with Red Hat-Based Cloud, Winning 2019 Red Hat Innovation Award
One of UAE’s largest banks launches cloud platform and adopts collaborative and DevOps approaches, speeds time-to-innovation from months to days
05/20/2019
UAE leads GCC in adopting Fourth industrial revolution
UAE has become the pioneer in launching more than one initiative in the 4IR and its technology, starting in 2017
05/19/2019
Banking for the unbanked: The growth of fintech in Egypt
The development of the financial sector has been proven to be vital for economic growth and creation of jobs in a country where the youth unemployment rate exceeds 30 per cent.
05/16/2019
Fintech to help Qatar become Islamic finance hub: QFC
The QFC recently unveiled its multi-pronged strategy, focusing on new clusters such as media, digital, sports and financial services as part of furthering its contribution to Qatar’s economic diversification efforts.
05/15/2019
BitOasis Ready to Become First Licensed Middle Eastern Bitcoin Exchange
If bumped up to full approval, the platform established in 2014 will become the first legally recognized cryptocurrency exchange in the Middle East.
05/14/2019
Token sales an easy option for UAE firms to raise capital, say experts
UAE raised more than $210m in token sales in first four months this year
05/13/2019
First Abu Dhabi Bank partners with MoneyGram to launch services on payit mobile app
With the World Bank estimating that individuals in the UAE send more than $44billion in remittances each year
05/13/2019
Decision to establish Fin Tech Bay "a very smart move"
Jean-Christophe Durand, CEO, National Bank of Bahrain, tells Oxford Business Group
05/12/2019
Bahrain’s IT market to hit $185.64m
“Bahrain’s record-high IT spend shows how rapidly digital transformation is accelerating for the public and private sectors,” said Reham Almusa, Country Manager, SAP Bahrain.
05/10/2019
Ripple XRP Boosting News: Major Banks In The Middle East Are Willing To Use Ripple’s xRapid Technology
This is because xRapid is faster and more efficient than the traditional cross-border remittance method.
05/10/2019
Surveys suggest 68% of high net-worth investors will own cryptos by 2022
The first of several surveys came from the Dubai-based deVere Group, an independent financial advisory organization.
05/09/2019
Bank workers who survive robot uprising stand to make more money
Forty per cent of existing jobs at financial firms could be automated with current technology, McKinsey said.
05/07/2019
Is Iran Planning to Recognize Bitcoin?
The suspicion along with the uncontrollable nature of the cryptocurrency have led many countries in the world not to recognize and accept it legally.
05/07/2019
Iranian central bank is working on blockchain for independent financial system
They are striving to bring this platform at par with international standards. Borna will collaborate with the international players in the near future in order to perform its operations effectively and with utmost efficiency.
05/07/2019
Dubai launches digital wallet for paying govt fees
The new digital wallet, noqodi, is the latest option available to pay government fees through Dubai Pay gateway, the Dubai Now smart application.
05/06/2019
Israeli startups shine in the $92 billion cybersecurity market
To date, there are approximately 450 cybersecurity corporations operating in Israel.
05/06/2019
Super-rich to boost cryptocurrency investment, says survey
“Crypto is to money what Amazon was to retail. Those surveyed clearly will not want to be the last one on the boat,” added Green.
05/05/2019
Jersey and Bahrain sign digital innovation agreement
The agreement will see Jersey and Bahrain working to promote the benefits of businesses operating in each other’s locations, further collaboration of women in the sector, and an opportunity for members of Digital Jersey and Bahrain FinTech Bay to us
05/02/2019
International technology center to be set up in Abu Dhabi
The new center to boost fintech in the region