Posts From Company Announcement

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 from Egypt’s new national card, ‘meeza’, following the announcement of the Central Bank of Egypt (CBE) for the national payment

Read More

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 steps to launch its operations in Dubai for the UAE and the MENA region. An in-principle license has been granted conditional

Read More

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 used new infiltration techniques, and the geography of attacks has become more extensive. According to the KSN statistics by Kaspersky

Read More

Blockchain-as-a-Service Launch In The Middle East

VeChain, a public blockchain platform focusing on enterprise adoption and BIOS Middle East, an UAE’s Managed Cloud Provider have signed a MoU to co-market and implement a framework of blockchain-as-a-service and blockchain-enabled cloud services. VeChain’s wide range of blockchain solutions

Read More

Bahrain Central Banks Draft Rules on Crypto-Asset Platform Operators

The Central Bank of Bahrain (CBB) has issued for consultation, the draft rules on Crypto-asset Platform Operators (CPO) which provides a regulatory framework for the licensing and supervision of crypto-asset services including those provided by a platform operator as a principal,

Read More

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 successfully complete the Regulatory Sandbox stage and to receive the CBB’s in-principle confirmation under the Open Banking regulatory framework. The

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 Building on Al Maryah Island. The digital courtroom, first of its kind globally, is a testament to ADGM Courts’ commitment

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 Financial Services Regulatory Authority (FSRA) of ADGM, in collaboration with its project advisor, KPMG, have published a high-level summary of

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 the artificial intelligence, AI, and Blockchain sector to strengthen the UAE leading position globally. During the meeting held by the

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 signed by Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC and Wim De Waele, CEO and Managing Partner, B-Hive. The ceremony

Read More