Posts From Fintechnews Middle East

Etihad Airways Goes Fintech with New Loyalty Payment Solution

Etihad Airways, the second largest airline of the United Arab Emirates, teamed up with US payments startup Modo to co-develop a new loyalty solution for the airline industry. The solution, which focused on the redemption of Etihad Guest Miles, was

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Dubai Has Taken its First Step to Have All Government Transactions on The Blockchain

In line with it’s “Dubai Blockchain Strategy” the Smart Dubai Office teamed up with Dubai’s Department of Finance to launch a blockchain powered payment system. The new system introduces blockchain technology into the Department’s processes, allowing transactions to be performed

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ADGM Partners with Two Major Telcos — Here’s What the Partnership Entails

Abu Dhabi Global Market (ADGM), the international financial centre, has gone into an agreement with two major telcos in the region namely; Etisalat and Du. Both MoUs were signed during the 2018 FinTech Abu Dhabi Summit by ADGM held under

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United Arab Emirates: Scrutinizing ICOs Regulations

Not only United Arab Emirates (UAE) have beeen recently scrutinizing this new financing mechanism, but they have as well recognized sold tokens as securities. Will this further step be the right one for the cryptosphere based in these new dynamic

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Meet The 10 Startups Accepted into ADGM’s RegLab

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has approved its third batch of Regulatory Laboratory (RegLab) participants in its bespoke regulatory framework. RegLab allows successful applicants to test their products according to regulatory requirements tailored

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Abu Dhabi Joins Regulators of the World in Launching Their Own Fintech Sandbox

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced an initiative to launch a FinTech digital sandbox. The digital sandbox allows financial institutions (FIs) and FinTech innovators to come together to experiment on products and solutions

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3 Key Initiatives Announced During Fintech Abu Dhabi 2018 That Will Boost Fintech in Abu Dhabi

Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre in Abu Dhabi, today successfully launched its second edition of FinTech Abu Dhabi Summit under the patronage of His Highness Sheikh Hazza Bin Zayed Al Nahyan. At the FinTech Abu

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622 Mil Transactions Later, A15 Sells Tpay to Africa’s Helios

Egypt’s A15 has just announced that they’re exiting UAE-based Tpay today, selling off its majority stake to Helios from Africa. Now collectively holding 24% of the stake, A15 along with the current executive team will continue to lead the implementation

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Real Estate Crowdfunding: Smart Crowd Completes Second Round

Following its success with July with its maiden investment round, Smart Crowd, is celebrating the completion its second investment opportunity in just three days. Smart Crowd is a Dubai based real-estate crowdfunding platform which allows fractional ownership of properties. This form

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Saudi’s Oldest Bank Embraces Ripple’s Blockchain

Following Ripple’s recent pilot with the Saudi Arabian Monetary Authority, the National Commercial Bank (NCB) has joined RippleNet. NCB was the first bank established in the country; today, it’s one of the largest financial institutions in the Middle East with more than 5.4

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