Archive
Smart City Technologies Spending in the Middle East Tipped to Reach $1.26 Billion in 2018
Spending on the technologies that enable Smart City initiatives is forecast to reach $1.26 billion for the Middle East and Africa (MEA) region in 2018, according to the latest insights from International Data Corporation (IDC). In the first release of
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Mastercard and mada Partner to Enable Online Payment Transactions in Saudi Arabia
mada, Saudi Arabia’s domestic payment network, and Mastercard announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a
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Etisalat Digital Shortlists 6 Global Companies For Dubai Future Accelerators Program
Etisalat Digital announced the shortlisted scale-ups to foster digital innovation and entrepreneurship and to bring new solutions to the market as part of ‘Dubai Future Accelerators Program,’ the world’s largest government-supported accelerator. The program pairs top scale-ups from across global
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Mastercard Announces Roadmap for Contactless Payments Consistency
Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years. The changes underway ensure that consumers, merchants and governments around the world will be able to take advantage of next-generation
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Mastercard and Ooredoo to launch Masterpass in Qatar
Ooredoo and Mastercard have announced the upcoming launch of Masterpass in Qatar, a service designed to offer a new level of payments convenience to Ooredoo’s growing base of consumers in Qatar. Masterpass is a simple, convenient and trusted digital payment
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Fintech In The Middle East
In the Middle East, fintech sandboxes and government driven initiatives have supported the growing base of fintech startups, which more doubled in size between 2013 and 2015, rising from only 46 fintech startups based in the Middle East and North
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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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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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9 Fintech Startups in Middle East to Watch in 2018
The fintech sector in the Middle East, despite being relatively small when compared with the likes of the US or Europe, has grown tremendously these past years with locations such as Abu Dhabi and Dubai in the United Arab Emirates
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First Abu Dhabi Bank chooses Accuity Data and Technology Solutions
Accuity, a global provider of risk and compliance, payments and know your customer solutions has been selected by First Abu Dhabi Bank (FAB) to provide integrated global sanctions screening and data. First Abu Dhabi Bank (FAB), the UAE’s largest bank
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