Archive

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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Iraq Underdeveloped Financial System Both A Challenge And An Opportunity For Fintech

With 11% of the population having a formal banking account, the lowest number of ATMs in the Middle East and Northern Africa (MENA), and a smartphone penetration of just 17%, the lowest in the region, Iraq is not what we

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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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10 Interesting Fintech Startups In GCC

Realizing that their dependency on oil has put them in a precarious position, Middle Eastern economies have begun exploring other sectors for greater diversification. Many of these such as Saudi Arabia and the United Arab Emirates (UAE) are putting their

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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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Singapore’s Alpha Fintech Teams Up With Finocracy To Boost GCC’s Growing E-Commerce Market

Singapore’s Alpha Fintech is entering the high-growth GCC market, teaming up with Bahrain based Finocracy. Alpha Fintech specializes in end-to- end payment solution, enabling banks to quickly access new fintech partners across the entire payments, risk and commerce spectrum. The

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Astana International Financial Center (AIFC) and EXANTE agree to the development and promotion of crypto-assets markets in Kazakhstan

The Astana International Financial Centre, or AIFC, and next generation investment company EXANTE have signed a memorandum of cooperation towards developing the cryptocurrency markets in Kazakhstan and positioning the AIFC as an international financial technology center. According to the memorandum,

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Inaugural Fintech Abu Dhabi Kicks Off Tomorrow In Abu Dhabi Focusing On Innovations That Shape The Future

The much anticipated inaugural FinTech Abu Dhabi event will kick-off tomorrow with distinguished regional and international leaders from the world of FinTech flying in and gathering at Abu Dhabi for a two-day event on 22nd to 23rd October 2017. FinTech Abu Dhabi,

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