Fintech News Middle East
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10 Fintech Startups in Dubai and Abu Dhabi You Have to Know
The fintech market in the Middle East and North Africa (MENA) region is predicted to enter a new era of
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GOcardi Users Now Can Make Payments In Seconds Via MenaPay
GOcardi is located in Dubai and it’s 2 million + users now can pay for services like Netflix, Spotify, Apple
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Dubai International Financial Centre is Launching a New Business Stimulus Initiative
In these unprecedented times, I write to reassure you that the wellbeing of our community continues to be our highest
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Bill and Melinda Gates Foundation Donates US$1.5 M to Strengthen Cybersecurity in Africa and Asia
CREST, the not-for-profit accreditation and certification body for the technical security industry, has received a grant of $1.4 million from
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Travelex Wins Tender For Multi-Year Contract At New Bahrain International Airport
Travelex, a Finablr company and market leading Foreign Exchange specialist, has extended its relationship with Bahrain International Airport (BIA) operating multiple outlets
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DIFC Launches New License for Tech Startups and Entrepreneurs
The Dubai International Financial Centre (DIFC), a special economic zone in Dubai and a financial hub for the Middle East,
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A QR-based National Payment System for Saudi Arabia
To enhance the electronic payment throughout Saudi Arabia and reduce the dependence on cash, High-tech Payment Systems (HPS) has been
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Dubai International Financial Centre Reports Record Growth in 2019
Dubai International Financial Centre (DIFC), the international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced
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University of Dubai and Krypto Labs Launch an Innovation Hub for Future Startups
The University of Dubai and Krypto Labs have announced the launch of an innovation hub open for students, alumni, professors,
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National Bank of Fujairah Partners with Ripple for Cross-Border Money Transfers
National Bank of Fujairah PJSC (NBF) announced its partnership with Rippl to enact easy and seamless cross-border payments through the
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DIFC’s Fintech Accelerator Triples its Size
DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region,
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Abu Dhabi Islamic Bank Launches Direct eFX Execution Platform For Businesses
Abu Dhabi Islamic Bank (ADIB) has launched “ADIB Direct eFX”, a new addition to the business-focused digital banking platform providing
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BayanPay Gets Licensed by the Saudi Arabian Monetary Authority
Finablr network brand BayanPay, a Saudi Arabia-based digital payment solutions provider, has been awarded a payment services provider licence by the
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DIFC Partners with Singapore Blockchain Accelerator
Dubai International Financial Centre (DIFC),has reaffirmed its commitment to Asian FinTech partnerships and advancing the Centre’s FinTech ecosystem. DIFC has
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DIFC and Mashreq Bank Launch Instant Bank Account Opening with the Region’s First KYC Blockchain Platform
Dubai International Financial Centre (DIFC) and Mashreq Bank announced the region’s first blockchain data sharing platform, now live in production, to
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Abu Dhabi Updates its Virtual Asset Regulatory Framework
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced the enactment of various amendments to the
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UAE Leads MENA in Financial Inclusion: Research
Financial inclusion diverges across the Middle East and North Africa (MENA), with the United Arab Emirates (UAE) taking the lead
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Over 1,000 Applications for First Artificial Intelligence Masters and PhDs in Abu Dhabi
The Mohamed bin Zayed University of Artificial Intelligence, MBZUAI, the first graduate-level, research-based AI university in the world, held its
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Digital Transformation Initiatives Drive MEA Growth: Crossing the $15 Billion Mark by 2023
Governments across the Middle East and Africa (MEA) spent a combined $12.8 billion on information and communication technologies (ICT) last
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Dubai Free Trade Zone Wants to Bring Sugar on the Blockchain
DMCC – the free zone and Government of Dubai Authority on commodities trade and enterprise – has signed a strategic
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6 Banks to Launch the First KYC Blockchain Consortium in UAE
Dubai Economy, along with Emirates NBD, Emirates Islamic, HSBC, RAKBANK, Abu Dhabi Commercial Bank (ADCB) and Commercial Bank of Dubai
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Swiss Fintech Startup Instimatch Global Launches in Qatar
Instimatch Global, the money markets fintech network, has entered the Gulf market, partnering with a leading Qatari institution and a
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A New Funding Accelerator Programme for Fintech Startups in the MEASA Region
DIFC’s FinTech Hive revealed the launch of a new funding accelerator programme for FinTech start-ups in the MEASA region. FinTech Hive
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Fintech In Kenya: An Overview
Over the last couple of years, Kenya has been touted as a center for technological innovation from which highly innovative
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Gulf Bank Signs With Swiss Lending Startup for Digital Cash Deposits
Gulf Bank has signed up as a client of Instimatch Global, the international digital network for institutional money market lending.
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Saudi Arabian Startup Funding Hit New Records
In 2019, Saudi Arabian startups raised a record of US$67 million through 71 deals, representing a 35% increase in investment
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Abu Dhabi Investment Office Invests in new Batch of Innovation and Fintech Startups
The Abu Dhabi Investment Office (ADIO) announced AED 60 million of investment in the latest batch of startups and fund
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Dubai Financial Centre Launches Seamless Digital Onboarding Platform
Dubai International Financial Centre (DIFC) announced the enhancement of its digital onboarding platform. In line with the DIFC’s continued emphasis
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UAE Sees Rapidly Expanding Blockchain Ecosystem
The blockchain ecosystem in the United Arab Emirates (UAE) is home to more than 120 blockchain companies and 40 government
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A Crypto Valley Collaboration in Dubai to Boost the Blockchain Ecosystem
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – announced its
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Fintech Startupbootcamp Dubai Selects 10 Startups For 2020
Startupbootcamp FinTech Dubai just announced the ten startups selected for their second cohort. The accelerator program launched its first cohort
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