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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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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