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The Folks Behind Burj Khalifa is Looking at an ICO

Emaar group, the developer behind the iconic Burj Khalifa among others is looking at developing their own crypto token. It plans to offer the Emaar community token for customers and partners by end of this year. According to the press

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DIFC Appoints Stewards for a Portion of its US$100 Fintech Fund

Dubai International Financial Centre (DIFC), a fintech friendly financial hub announced the appointment of Middle East Venture Partners (MEVP) and Wamda Capital to manage US$ 10 million of the DIFC FinTech Fund. The DIFC Fintech Fund sized at US$ 100

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5 UAE Regulator Initiatives to Bring Fintech to The Next Level

The Bahrain Fintech Regulations Report 2019, partly produced by the Central Bank of Bahrain, showcases some of the regulations and initatives set up to cultivate the growth of fintech in their regions. Each region with a strong fintech scene has their own way

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UAE Leads the Digital Banking Scene in Middle East

A combination of changing consumer preferences, competition from fintech startups and changing regulations have been forcing banks around the world to develop their digital capabilities. In the Middle East and North Africa (MENA) region, banks are quickly rising to the

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FutureSec Summit Aims to Address Cyber Threats Facing the Banking Sector

Inadequate cyber security has long been a threat to the banking industry, costing the banks revenue losses and tarnished brand image. In the face of this growing concern, banks across KSA have been increasingly investing in technological advancements in order

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10 Top Fintech Startups in Egypt to Keep an Eye On

As one of the most populous countries in the Middle East topped with a large unbanked population Egypt is fertile for fintech to flourish. Recent report indicates that fintech is one of the fastest growing sector in Egypt. As in

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Apple Pay Targets Middle East Markets Starting with Saudi Arabia

Apple continues the rollout of its Apple Pay digital wallet service around the world, launching in Saudi Arabia in February, marking its 34th market. In Saudi Arabia, Apple Pay initially launched with support for the Saudi Payments Network (MADA), Alinma

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Abu Dhabi’s Mubadala Makes its First Investment from Their US$ 400 Million European Fund

Abu Dhabi owned Mubadala Investment Company’s venture arm has successfully completed its first investment of their US$ 400 Million European Fund into Berlin based insurtech startup WeFox. Mubadala was the lead investor in WeFox’s series B round which raised US$

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ADGM Opens 4th Reglab Cohort Focusing On API Economy and Sustainable Finance

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to welcome applications for its fourth cohort of Regulatory Laboratory (RegLab), with dual themes of “API economy” and “Sustainable Finance” API Economy Technological advances provide vast

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Middle East’s Digital Pioneers Honored

With more than 350 of the region’s most influential ICT leaders in attendance, the IDC Middle East CIO Summit 2019 closed last week with a ceremony to mark the second edition of the IDC CIO Excellence Awards. At a time

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