Latest World News
News from all over the world
Dubai Introduces AI and Web3 Licenses for Startups
The Dubai AI and Web 3.0 Campus has announced that it is issuing artificial intelligence (AI) and Web3 licenses supporting activities ranging from Distributed Ledger Technology Services, specialised Artificial Intelligence Research & consultancies, IT infrastructure builders, Technology Research and Development
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UAE Plans National System for Carbon Credits Based on Blockchain Technology
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, witnessed the signing of a Memorandum of Understanding between the Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group LLC and Venom Foundation on cooperation to establish the
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Payoneer Acquires Israeli AI Data Platform Spott
Payoneer announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and quantify data for more informed and faster business decision-making. Spott’s technology will enable Payoneer to better understand and serve customers,
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Mastercard Partners With One Global to Introduce Click to Pay in Kuwait
Mastercard has launched Click to Pay (C2P) in Kuwait in collaboration with One Global under its Payment Service provider (PSP) license. Mastercard’s Click to Pay sets a new standard for guest checkout transactions, delivering a more consistent experience for consumers
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Tel Aviv Stock Exchange Signs Digital Asset Tech Agreement With Fireblocks
The Tel Aviv Stock Exchange (TASE) has signed a strategic agreement with Fireblocks. This strategic partnership empowers TASE to offer a comprehensive range of digital asset products and services, aligning with TASE’s new strategic plan. As a result, TASE will
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noon.com Launches Peer-to-Peer Payments Service “noon Pay”
Saudi Arabian e-commerce platform noon.com has launched noon Pay, a peer-to-peer payments service for its users in KSA and the UAE. noon Pay enables individuals to transfer money in the form of noon credits to anyone using just their mobile
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Top 17 Fintech Events Taking Place in H2 2023 in the Middle East
The Middle East has emerged as a dynamic hub for fintech innovation, driven by regional economic strategies that prioritize digital transformation, financial inclusion, and diversification from oil-dependent revenue streams. The industry is accelerating rapidly, fueled by an influx of capital,
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Egypt Fintech Startup Ecosystem Expands Fivefold
Between 2017 and 2022, the number of fintech companies in Egypt increased by 5.5 times, soaring from a mere 32 players five years ago to now 177. This rapidly expanding ecosystem is arising on the back of soaring demand for
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Saudi Arabia Licenses Debt-Based Crowdfunding Startup Themar
The Saudi Central Bank (SAMA) licensed “Themar” to provide crowdfunding solutions. With Themar, there are now seven authorized companies offering debt-based crowdfunding solutions in Saudi Arabia. This decision reflects SAMA’s endeavor to support the finance sector, increase efficiency of financial
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The Saudi Central Bank Permits Additional BNPL Company
The Saudi Central Bank (SAMA) permitted “Tabby” to provide Buy Now Pay Later (BNPL) solutions. With Tabby, there are now five authorized companies offering BNPL solutions in Saudi Arabia. The BNPL solutions provide finance to customers wishing to buy products
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