Posts From Fintechnews Middle East

Fintech Accelerators and Incubators in the Middle East

Across the Middle East, fintech is transforming the delivery of financial services. In recent years, many acceleration and incubation programs have emerged to nurture local fintech startups and develop a thriving ecosystem. Here are some of the Middle East’s most

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Iran’s Central Bank: Cryptocurrency Ban May Be Lifted In September

A national draft project is aiming at introducing a state-backed digital currency. Iran’s Central Bank deputy for innovative technologies, Nasser Hakimi, advances the regulatory apparatus should be finalized within one month. Ban crypto or create crypto? A previous post already

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Iran: Cryptocurrencies Could Be A Way To Circumvent U.S. Sanctions

A High Representative of the Iranian government has once again expressed how cryptocurrency could play a vital and major role for the country’s economy. It gradually seems that Iran is at all costs seeking an alternative to the current and

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Middle East: Where To Stay At While Attending these 7 Fintech Events

Whether you’ve registered your  for these upcoming fintech events, or are still considering whether to attend, booking your accommodation early is always advisable in order to ensure a hassle-free trip. Here are some of the closest hotels to the conference venues;

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Fintech Fails to Emerge in Troubled Yemen

Yemen is an Arab sovereign state in Western Asia at the southern end of the Arabian Peninsula and the second-largest country (27 Million population) in the peninsula. It is also the poorest country in the Arab region, according to the UN. Once

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Fintech In MENA: All You Need To Know

The startup economy in the Middle East and North African (MENA) region continues to grow this year. In the first six months of 2018, it registered a record number of transactions with 141 investments, a 12% increase over the corresponding period. One

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10 Fintech Startups in Turkey to Watch Closely

Fintech is growing rapidly in Turkey. Investment in Turkish fintech companies grew 175% from US$4.6 million in 2012 to US$29 million in 2016, and the overall Turkish fintech industry, which counts more than 200 companies, according to the Fintech Ecosystem in

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Fintech to Solve Financial Exclusion in Egypt

In Egypt, fintech is set to play a key role in providing basic financial services to the large pool of unbanked people, according to experts and industry observers. Egypt is the most populous nation in the Middle East and North

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Israel Quickly Becoming a Leading Fintech Hub

From its origin as a 90-startup, US$13 million capital sector, the Israeli fintech industry has grown to include approximately 500 fintech startups, collectively raising an estimated total of US$500-650 million to date. According to a report by Deloitte, Israel is quickly becoming

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Bahrain Witnesses Key Fintech Developments

Over the past year, Bahrain’s fintech ecosystem has witnessed several key developments including the launch of the Central Bank of Bahrain (CBB) dedicated Fintech and Innovation Unit and regulatory sandbox, two initiatives that highlight the growing market demand and interest

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