Archive

SAP: Saudi Arabia Ranks as Top Digital Banking Market in Middle East and North Africa

As Saudi banks digitally transform, the Kingdom ranks as the top digital banking market in the Middle East and North Africa, with more than three-quarters of banking customers using online or mobile apps, industry experts announced today. In a recent

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Etisalat Adopts Latest Global IOT Security Guidelines

Etisalat today announced its commitment to adapt and implement a common approach to IoT security guidelines that will outline best practices and recommendations for the entire IoT ecosystem. These IoT security guidelines were set by the global organization ‘Global System

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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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A $100m Venture Capital Fund in Bahrain for Middle East Startups

Bahrain Development Bank (BDB) announces that the Al Waha Fund of Funds has successfully closed its US $100m fundraising round,making it the first active venture capitalfund of funds in the region. The announcement marks an important milestone for the region’s

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First Technology Hardware Accelerator in the Middle East Region Launched in Bahrain

Brinc-Batelco IOT Hub was officially opened  in the presence of Ministers, Batelco Board members, Batelco senior executives, invited guests and Bahrain media houses. Batelco, the Kingdom of Bahrain’s digital solutions provider announced in 2017 that it had teamed up with

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Dubai Wants to Serve as Regional Digital Financial Inclusion Hub

The UAE is ideally positioned to serve as the ‘beating heart’ of a regional innovation hub; according to a new report published by Oliver Wyman in collaboration with Dubai International Financial Centre . Titled “The Case for an Innovation Hub

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