Fintech News Middle East

First Bahrain Regulatory Sandbox Stage Alumni

The Central Bank of Bahrain (CBB) announced that Tarabut Gateway, a subsidiary of Almoayed Technologies is the first company to

Read More

Mobile Payments in the Middle East: News Roundup

The Middle East is witnessing a burgeoning mobile payment market with a number of players offering a multitude of diverse

Read More

The World’s First Fully Digital And State-Of-The-Art Courtroom

Abu Dhabi Global Market Courts presented their fully digital, bespoke courtroom at an exclusive launch event held in the ADGM

Read More

IFC Turns Their Focus to Dubai with its Fintech Conference

Dubai International Financial Centre (DIFC) hosted its 6th annual International Finance Corporation (IFC) FinTech CEO Summit.  This is the first time

Read More

4 Upcoming Fintech Initatives By The Central Bank of Kuwait

During a speech by H.E. Dr. Mohammad Y. Al-Hashel, Governor of the Central Bank of Kuwait at the Global Informatics Forum,

Read More

Saudi’s Capital Market Authority FinTech ExPermit Batch Applications Are Closing Soon

In a bid to promote fintech innovation in the capital market, the Capital Market Authority (CMA) is accepting applications for the

Read More

1st Industry e-KYC Utility Project With UAE Financial Institutions Concluded

Abu Dhabi Global Markets announces the successful conclusion of the first phase of the industry electronic-Know-Your-Customer (e-KYC) utility project. The

Read More

UAE Government to Strengthen Global Position in AI, Blockchain Technologies

The Second UAE Government Annual Meetings, held in Abu Dhabi, witnessed the launch of two national initiatives aimed at reinforcing

Read More

Qatar Financial Centre Partnering Up with B-Hive to Develop Fintech Industry in Qatar

The Qatar Financial Centre (QFC) has partnered with B-Hive to develop FinTech Industry in Qatar. A memorandum of understanding (MoU) was

Read More

20 Innovative Fintech Solution Pilots Emerge from Middle East Accelerator Programme

FinTech Hive at DIFC, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA)

Read More

Dubai and Visa Sign MoU to Promote e-Commerce While Keeping Shoppers Safe

The Department of Economic Development (DED) in Dubai and its long-standing partner, Visa, have signed a Memorandum of Understanding (MoU) to

Read More

Al Hilal Bank Just Made Their First Islamic Sukuk Sale on Blockchain, Worth US$1 Mil

Al Hilal Bank has executed the world’s first sukuk transaction on a blockchain ledger. The state-owned Islamic bank used a

Read More

Kuwait Launches its Own Fintech Sandbox to Stay Competitive Among Gulf Nations

His Excellency, Dr. Mohammad Y. Al-Hashel, the Governor of the Central Bank of Kuwait has announced that the bank has

Read More

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

Read More

3 Key Ways Bahrain’s Central Bank is Trying to Woo Fintech Startups

Over the years, Bahrain has become a significant fintech presence in its own right, and seems set on entering a

Read More

BEAM Wallet Acquired by Dubai Based Property Giant Majid Al Futtaim

Mobile wallet player BEAM was recently acquired by Majid Al Futtaim, a Dubai based property firm which owns and operates 23

Read More

Gulf Based Fintech Startups to Attract US$ 2 Billion in The Next Decade

Investments in Gulf-based fintech startups are expected to reach US$ 2 billion in the next decade, compared to a mere

Read More

Google Pay Is Now Available In Dubai and Abu Dhabi

Google announced the launch of Google Pay in the UAE, allowing people to pay simply and securely with their Android phones. It

Read More

ADGM Signs MOU with Central Bank of Bahrain to Promote Fintech

Central Bank of Bahrain seems going on partnership spree this as week as they sign yet another MOU with Abu

Read More

Bahrain and Singapore’s Regulators to Join Hands Fostering Fintech Innovation

The Central Bank of Bahrain (CBB) and the Monetary Authority of Singapore (MAS)  signed a Memorandum of Understanding (MOU) to

Read More

Bahrain Has Big Plans for its Fintech Industry and Startups

The government of Bahrain wants to make the country the go-to place in the Middle East for fintech companies and

Read More

Smart Dubai and IBM to Offer First Government-Endorsed Blockchain Platform

Smart Dubai and IBM  announced the launch of the Dubai Blockchain Platform, the first government-endorsed blockchain platform-as-a-service in the United Arab Emirates

Read More

With US$12.2 Mil Investment, This Singaporean Robo Advisor is Setting Up Shop in Dubai

WeInvest, a Singapore-based digital wealth services and robo-advisory firm, announced that its next phase of expansion will be into the

Read More

Deutsche’s DWS Acquires 15% Stake in Neo to Strengthen Middle East Presence

DWS Group a subsidiary of Deutsche Asset Management entered into a binding agreement to acquire 15% stake in Neo Technologies,

Read More

Robo Advisor Sarwa is The First to Graduate Dubai’s Sandbox

After nearly 12 months of testing, robo-advisory firm Sarwa has become the first participant to graduate from the Dubai Financial

Read More

Emirates NBD Embraces Open Banking Through API Sandbox

Emirates NBD is jumping in on the open banking bandwagon through its debut of an API sandbox. The platform consists

Read More

Abu Dhabi Enables All Government Payments Through ADPay

The Abu Dhabi Smart Solutions and Services Authority (ADSSSA) formally launched its  ‘Abu Dhabi Government Digital Payment platform’ (ADPay). Launched

Read More

Industry Consortium Wants To Strengthen The Fintech Ecosystem In Egypt

The Venture lab at The American University in Cairo, and university-based startup accelerator in Africa and the MENA region, Temenos,

Read More

An Islamic & Sustainable FinTech Center launched in Bahrain

Bahrain FinTech Bay announces the launch of the Global Islamic & Sustainable FinTech Center (GISFC) with local, regional and international

Read More

New Report Examines Saudi Arabia’s Digital Government Ambitions

As digital transformation continues to play a fundamental role in shaping the way governments across the world adapt to new

Read More