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The Top 10 Fintechs in Middle East in 2024
Forbes Middle East has unveiled its Fintech 50 ranking, recognizing the region’s leading players that are revolutionizing the fintech landscape in the underserved region, spanning digital payment companies, open banking platforms, investment, saving, and lending apps. The list was constructed
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Redefining Resilience for Banks in the Digital Era With the Four Zeros
The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations in a dynamic digital landscape. This transformation is not without its challenges, as banks grapple with the critical task of
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Telco-Backed Platforms Leads E-Wallet Market in Africa and the Middle East
Africa and the Middle East boast 12 prominent e-wallets. These platforms are primarily provided by telecom companies, enable users to varied operations from the mobile phones, including payments, money transfers and remittances, and are gaining ground at a fast pace,
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Industry Experts Highlight Opportunities and Challenges of Gen AI in Finance
In the financial services industry, generative artificial intelligence (AI) is poised to usher in a myriad of opportunities, promising enhanced job productivity, improved efficiencies and hyper-personalization. But despite these prospects, the technology is also expected to introduce a number of
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Fintech Surges in MENA Though Talent and Capital Gaps Persist
The Middle East and North Africa (MENA) region is experiencing significant growth in its fintech sector, with several cities located in Gulf Cooperation Council (GCC) nations in particular emerging as globally recognized fintech hubs. But in order to sustain this
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New Report Highlights Continued Opportunities for Fintech Growth in the Middle East and Africa
Fintech has penetrated and transformed the Middle East and Africa (MEA)’s financial services landscape, financially including millions of people and enabling growth in other sectors. But despite the growth, new opportunities still exist in each market to create a financial
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The Top Trends Shaping MEA’s Wealth Sector
In a recent webinar hosted by Connect Global Group and Temenos, wealth experts and top executives from the banking industry in the Middle East and Africa (MEA) discussed the key trends shaping the wealth management landscape in the region, highlighting
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The Status Quo of Open Finance in the Arab World
In Arab countries, open banking is rapidly evolving into the more comprehensible model of open finance, expanding from payment accounts and related services, to a larger variety of financial services, including investments, pensions, insurance and consumer credit. With so many
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MENA’s Banking Sector Driven by AI and Digital Transformation
The banking sector in the Middle East and North Africa (MENA) is anticipated to experience significant growth, a development which will be driven by rising demand for banking services, ongoing progress of digital transformation, and the expansion of digital banking,
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State of Climate Tech VC Report: US$ 651 Million Invested into MENA and Türkiye Startups
CE-Ventures, the corporate venture capital platform of Crescent Enterprises, has partnered with MAGNiTT to unveil ‘The State of Climate Tech Venture Capital Report’. The report delves deep into the dynamic landscape of climate tech investments in the Middle East and
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