Fintech News Middle East

Wio Bank Launches Mastercard Carbon Calculator

Wio Bank was created to reboot banking in the UAE for both businesses and consumers. In alignment with the UAE’s

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Indonesia and UAE Central Banks Expand MOU on Islamic Finance, Digital Innovation

The Bank Indonesia (BI) and Central Bank of the United Arab Emirates (CBUAE) have signed a Memorandum of Understanding (MOU)

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UAE’s 1 Trillion AED Goal In Sustainable Finance by 2030

Coinciding with the UAE’s hosting of COP28, the Central Bank of the United Arab Emirates (CBUAE), in cooperation with the

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Qatar Central Bank Starts Receiving Applications for Loan-Based Crowdfunding Service Providers

Qatar Central Bank (QCB) has started to receive the applications for licensing and regulating the loan-based crowdfunding service providers in

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The Status Quo of Open Finance in the Arab World

In Arab countries, open banking is rapidly evolving into the more comprehensible model of open finance, expanding from payment accounts

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SGM Will Be Home of New USD30 Billion Altérra Climate Change Fund

Abu Dhabi Global Market (ADGM), one of the principal climate finance partners of COP28, announced it will be the home

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14 Financial Institutions Confirm Setup in Abu Dhabi in One Week Including JP Morgan

Abu Dhabi Global Market (ADGM) announced during this week’s Abu Dhabi Finance Week not less then 14 major financial institutions

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Fintech Abu Dhabi Conference 2023: A Summary of the Key Highlights

Building upon the successes of MENA’s biggest Fintech Festival presented by Abu Dhabi Global Market (ADGM), the 7th edition of

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ADGM Launches Digital SME Financing Platform Numou

Abu Dhabi Global Market introduces Numou, a digital platform tailored to bridge the funding gap faced by SMEs. This digital

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Flow48 Secures $25 Million Pre-series A Funding

Flow48, a Dubai-based SME lending startup, announces $25 million in pre-Series A funding. The round, comprising a mix of equity

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Lending Platform CredibleX Granted Abu Dhabi License

CredibleX, an embedded finance platform in the middle east, has announced its launch after being granted regulatory licences in Abu

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Saudi Personal Finance Platform Yabi Grabs USD 8M Seed Funding

Yabi by Souqalmal was launched in Saudi Arabia this November, boasting a localised personal finance wellbeing platform. Driven by its

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eToro Gets Abu Dhabi Regulator Approval

eToro has received approval for a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi

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MENA’s Banking Sector Driven by AI and Digital Transformation

The banking sector in the Middle East and North Africa (MENA) is anticipated to experience significant growth, a development which

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Ajman Bank and Mastercard Launch Real Time Remittance Service in UAE

Dubai’s Ajman Bank has initiated a strategic partnership with Mastercard to launch cross-border payment services for person-to-person (P2P) fund transfers

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UAE’s First Islamic Robo-Advisor Launched

Wahed Invest Limited, a global fintech that offers Shariah-compliant investing, has become the UAE’s first Islamic digital investment management platform.

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Wio Bank Goes Virtual Asset Trading

Wio Bank, UAE’s online bank and Fuze, a digital assets infrastructure provider, have partnered to empower Wio Bank customers with

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Top 7 UAE Investors Fueling the Fintech Revolution

Investors from the United Arab Emirates (UAE) are actively backing promising tech startups in the Middle East and North Africa

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Abu Dhabi’s $50 Billion Fund Partners With BNY Mellon to Launch Wealth Tech Firm

Lunate, a global alternative investment management company with more than $50 billion of assets under management, and BNY Mellon, one

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Top 50 Pioneering Climate Tech Startups in the Middle East

PwC Middle East has launched its first Net Zero Future50 report, revealing 50 pioneering start-ups in the Middle East driving

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Hub71 and Seoul Join Forces to Boost Startups

Hub71 has signed a strategic cross-border partnership with the Seoul Metropolitan Government, to support the international growth and commercial activities

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A Digital Real Property Platform for Abu Dhabi

Abu Dhabi Global Market (ADGM) announced a strategic partnership with Advanced Real Estate Services (ADRES), a company providing innovative proptech

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Over 10,000 Global Finance Leaders Set to Converge at Abu Dhabi Finance Week

Abu Dhabi is set to host the Abu Dhabi Finance Week (ADFW) from 27th to 30th November 2023, a four-day

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Hong Kong and Abu Dhabi Regulators Strengthen Fintech Ties

The Hong Kong Monetary Authority (HKMA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) have

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Visa Rolls Out Installments Solution in the UAE

Network International, a digital commerce across the Middle East and Africa (MEA) region, in collaboration with Visa has introduced Visa

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Dubai Virtual Asset Service Provider Licensing Registration Deadline is Over

This market notice is being issued by Dubai’s Virtual Assets Regulatory Authority (VARA) to highlight to all industry stakeholders, and

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UAE Digital Bank Liv Introduces New Digital Lending Solution

Liv, UAE’s digital bank launched by Emirates NBD, has launched a new digital offering. Till the end of 2023, eligible

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Swiss Digital Asset Company Taurus Expands to Dubai

Taurus, a Swiss fintech company regulated by FINMA in Switzerland, has recently announced its expansion into the Middle East with

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Bahrain EDB Establishes Gateway to Asia With First Office in Singapore

The Bahrain Economic and Development Board (EDB) has officially revealed the establishment of its first Southeast Asia office in Singapore.

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Roland Berger Teams with DFINITY to Transform Recycling with Blockchain-Based Credits

Roland Berger has recently embarked on an ambitious project in partnership with the DFINITY Foundation, a Swiss-based non-profit organization known

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