Fintech News Middle East

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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Report Highlights Bahrain’s Progress Toward Becoming a Tech and Innovation Hub

Through careful planning and bold regulatory reforms, the Kingdom of Bahrain is poised to become a major hub for finance,

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Accelerating the Innovation of Business

Forbes and the WSJ have both stated that every company, whether by choice or not, is now a technology company.

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Top 21 Upcoming Fintech Events in the Middle East in 2020

Fintech is one of the hottest industries in the Middle East and North Africa (MENA). Since 2015, a total of

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Dubai’s Future District Is Dedicated to the New Economy

Vice President, Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum announced

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Saudi Arabia Drafts Regulation For The Provision Of Payment Services

The Saudi Arabian Monetary Authority “SAMA” announces the launch of a Draft Regulation governing the Provision of Payment Services in

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A Review of Fintech Developments in Dubai and Abu Dhabi in 2019

The United Arab Emirates (UAE) is the largest fintech hub in the Middle East and North Africa (MENA), being home

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Lebanon’s Fintech Startup Ecosystem: An Overview

Lebanon is one of the Middle East and North Africa (MENA) region’s largest fintech markets, accounting for 9% of all

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Singapore Fintech in Exclusive Middle East Partnership with UnionPay

MoovPay Global, a Singapore based Fintech, has signed an exclusive partnership with China’s UnionPay International (UPI) for cross-border cashless payment

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National Bank of Fujairah To Set Up SME Banking Platform

Banking platform will serve as a unique digital space for SMEs to network and share know-how. National Bank of Fujairah

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Oman’s Muscat Bank Announces New $100 Million Fintech Investment Programme

Bank Muscat announced that the Central Bank of Oman has approved the bank’s request to launch a $ 100 million

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Governor of Qatar Central Bank Reveals that a Fintech Plan is in The Works

The Governor of Qatar Central Bank (QCB), Sheikh Abdulla Bin Saud Al-Thani revealed at the Euromoney Qatar Conference 2019 that

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Egyptian National Post Wants to Promote Egypt’s Initiative for Financial Inclusion

ENPO, one of the largest and oldest postal, financial and governmental service providers in the Middle East, has an extensive

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National Bank of Bahrain Offers Open Banking Solutions

National Bank of Bahrain (NBB) has set a significant benchmark in the region’s financial sector by becoming the first Bank

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South Africa’ Digital Only Bank Tyme Welcomes its 1 Millionth Customer in only 10 Months

TymeGlobal is proud to announce that its first Tyme-powered digital bank — TymeBank in South Africa — has opened bank

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Bankable Opens Middle East & Africa Hub in Dubai

Bankable, the global provider of “Banking as a Service” solutions, and Visa today announced a strategic collaboration within the Central

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