Posts From Fintechnews Middle East

Bahrain Fintech Bay Announces Strategic Partnership With Bahrain Development Bank And Rowad

Bahrain FinTech Bay has announced a partnership with Bahrain Development Bank and its Rowad Program. Bahrain Development Bank will be a founding partner of BFB and will work closely with the BFB to deliver certain initiatives supporting Fintech entrepreneurship, through

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Central Bank of Bahrain Announces Partnership Endorsing Bahrain Fintech Bay

The Central Bank of Bahrain  has announced a partnership officially endorsing the launch of Bahrain FinTech Bay and its Fintech initiatives in the Kingdom of Bahrain. The announcement is the most recent in a series of steps affirming the CBB’s

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Monetary Authority of Singapore and Abu Dhabi Global Market Foster Closer Cooperation in Banking Supervision

The Monetary Authority of Singapore (MAS) and Abu Dhabi Global Market (ADGM) today signed a Memorandum of Understanding (MoU) to strengthen the supervision of cross-border operations of banking institutions. The signing ceremony was held on the sidelines of the annual

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Dubai and Australia Seal Agreement on Fintech Cooperation

The Dubai Financial Services Authority (‘DFSA’) and ASIC today signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction. The DFSA regulates the Dubai International Financial Centre (‘DIFC’). Dubai has recently set up

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Bahrain And Fintech Consortium Launch Dedicated Fintech Hub In The Middle East And Africa

The Bahrain Economic Development Board (“EDB”) and FinTech Consortium (“FTC”) announced today the launch of “Bahrain FinTech Bay” (“BFB”), the largest dedicated FinTech hub in the Middle East and Africa. The new hub aims to further the development and acceleration

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Fintech, Digital Finance Grow in Kuwait as Banks Look to Modernize

The Middle East is often praised for being a fertile ground for fintech businesses to grow and flourish for a wide spectrum of reasons, including the large population of unbanked, the several startup accelerators available in the region, and supportive

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Inaugural Fintech Abu Dhabi Concludes With Major Announcements

The inaugural FinTech Abu Dhabi concluded last week with several key and game-changing initiatives that have raised the bar on the offerings and infrastructure of the FinTech industry. The two-day event, which was held under the patronage of His Highness

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Fintech Still in Infancy in Oman Despite Growth Potential

Countries in the Gulf Cooperation Council (GCC) region are opening up to fintech and digital solutions as banks seek to enhance consumer experience and streamline their operations. The United Arab Emirates (UAE) has emerged as one of the region’s pioneers

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Temenos And Abu Dhabi Global Market Announce Fintech Collaboration

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and Temenos, the Swiss software specialist for banking and finance, have announced their intention to collaborate and strengthen the FinTech ecosystem in Abu Dhabi, following the unveiling of ADGM’s

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8 Upcoming Fintech Events in Dubai and Abu Dhabi

The United Arab Emirates (UAE), and the Dubai government in particular, are home to a nascent fintech sector, driven by the government’s ambition to position itself as a center for innovation. “A lot of effort has been made … to

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