Fintech News Middle East

Qatar Works To Become A Fintech Hub

Qatar is being prepped to become a leading fintech hub in the Middle East. The Qatar Financial Centre (QFC), a

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Abu Dhabi Commercial Bank Integrates Personal Finance Management App

ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands’ technology. The MoneyBuddy

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Leading Fintech Experts to Gather in Riyadh For MEFTECH 2019

MEFTECH, the longest running Banking & Financial Technology event in the MENA region, has announced its lineup of industry expert

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It’s Crypto-Winter, but Here’s Why One of Dubai’s Royalty Bets on This Crypto Fund

Sheikh Saeed Al Maktoum’s The Private Office has been on the hunt for a blockchain investment as part of the

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5 of The Best Funded Startups in The UAE Right Now

The pinpricks of a vibrant startup scene in the middle east have begun to emerge. Despite known problems on the

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Abu Dhabi Invites Fintechs Aiming to Scale Globally to Apply for Their Sandbox

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is rallying FinTech and innovative firms who are

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Investment Bank Granted Sandbox License to Operate Crowdfunding Platform in Saudi

The Capital Markets Authority of Saudi Arabia recently granted Falcom Financial Service Co a Financial Technology Experimental Permit — or better

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What is Driving the Rise of Mobile Payments in UAE?

Mobile payments are on the rise in the United Arab Emirates (UAE) as the country’s young population is eager to

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“Aber” Project, The Common Digital Currency Between SAMA and UAECB

The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) clarified in a joint statement that

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MEFTECH 2019 To Support Fintech Ecosystem Growth in Saudi Arabia

MEFTECH, the Banking & Financial Technology event in the MENA Region, returns to Riyadh from 24th to 25th February 2019

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Standard Chartered Launches Second Wave of Digital-only Banks Across 4 African Markets

Standard Chartered today announced the start of the second phase of its digital-only retail bank across Africa. In response to

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After Banning Crypto Saudi Arabia Plans Central Bank Digital Currency

After banning the trading of cryptocurrencies, Saudi Arabia is now developing a blockchain-based digital currency in collaboration with the United

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His Excellency Wesam Lootah to Present Keynote at IDC Middle East CIO Summit 2019 in Dubai

International Data Corporation (IDC) is delighted to announce that His Excellency Wesam Lootah, CEO of Smart Dubai Government Establishment and

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Digital Transformation Spending in META to Reach $40 Billion by 2022

The Middle East, Turkey, and Africa (META) region will see annual spending on digital transformation (DX) initiatives cross the $20

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UAE Tops The Global Charts with an All-in-One Payment Feature for its Citizens

Between accelerators, the development of fully digital banks and government initiatives, the UAE is in the midst of an exciting time

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Brett King’s Moven and Almoayed Partner to Transform Digital Banking Across MENA

With the goal of empowering banks in the MENA region to lead the world in digital banking services, Almoayed Technologies,

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Fintech and The Digital Banking Impact for Africa

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are not only disrupting

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Armed with $8 Million in Funding, yallacompare Launches Affordable Insurance

yallacompare, comparison site for financial products based in UAE and Dubai has recently announced the launch of their affordable life

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Where to Buy Cryptocurrencies in the UAE

Since the launch of the Bitcoin network in 2009, cryptocurrencies have evolved into a multi-billion-dollar industry. With around 12,000 exchange

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7 New Fintechs to Join Dubai’s Regulatory Sandbox

The Dubai Financial Services Authority (“DFSA”) announced the acceptance of seven new firms into its cohort process, which permits companies to apply

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Telenor Microfinance Bank Embraces Alipay’s Blockchain Tech for Remittance

Telenor Microfinance Bank, in partnership with Valyou Malaysia, has introduced Pakistan’s first blockchain-based cross-border remittance service using blockchain technology developed

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Saudi Customs Tracking via Blockchain Solution‬

As part of its blockchain pilot program, Saudi Customs, with its IT partner, Tabadul, oversaw the integration of FASAH with

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Crypto, ICO Regulations Coming to the UAE in 2019

The Security and Commodities Authority (SCA), the United Arab Emirates (UAE) financial regulator, will introduce regulations for initial coin offerings

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Kuwait Bank is Using Ripple for Immediate Cross-Border Transactions

National Bank of Kuwait (NBK) continues to offer the latest technological solutions in the sector of money transfers and has

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Egypt’s new national card meeza Accepted now on PayFort’s Payment Gateway

PayFort, an Amazon company, has announced that merchants using its online payment gateway will now be able to accept payments

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FundedByMe Granted Approval to Start Operating in Dubai

Following the strategic growth of FundedByMe, aiming at becoming the most global crowdfunding platform, the platform announced today the final

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4-fold Increase in Cryptomining Attacks in the META Region

The past year has been extremely eventful in terms of the digital threats faced by financial institutions: cybercrime groups have

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