Fintech News Middle East

Commercial Bank of Dubai Partners with NOW Money to Target Low-Income Customers

Commercial Bank of Dubai (CBD) has signed an agreement with NOW Money, a digital account service, to provide accounts and

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BIOS Middle East Taps VMware for UAE and Saudi Customers

BIOS Middle East, provider of cloud and managed IT services for enterprises, announced that it will offer VMware’s SD-WAN to

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Middle East Sees Booming Fintech Ecosystem Though Challenges Remain

Though still in early stage, the Middle East’s fintech sector is rapidly growing, fueled by a young demographic eager to

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HPD LendScape, Emirates Development Bank Unveil National Supply Chain Finance Platform

HPD LendScape, a lending platform vendor, has partnered with Emirates Development Bank (EDB) to launch UAE’s National Supply Chain Finance

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Qatar Fintech Hub’s Incubator and Accelerator Announces Shortlisted Startups

The Qatar FinTech Hub (QFTH), co-founded by Qatar Development Bank (QDB) has announced the final list of successful fintechs set

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Abu Dhabi Global Market Appoints New CEO

Abu Dhabi Global Market (ADGM) announced that Emmanuel Givanakis, will take on the new position as Chief Executive Officer of

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An AI-Based Real Estate Lending Platform for Dubai’s Financial Institutions

Dubai-based Global Property Finance, provider of real estate financing solutions, aims to launch its cloud-based lending platform based on AI

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Saudi E-Wallet STC Pay Selects Temenos to Expand Digital Payments Capabilities

STC Pay, a Saudi Arabian digital wallet, has selected banking software company Temenos to expand its digital payments capabilities, aiming to

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Startupbootcamp and DIFC’s Fintech Hive to Rollout Virtual Accelerator Named ASPIRE 

Startupbootcamp has partnered with Dubai International Financial Centre’s (DIFC) FinTech Hive to rollout a virtual accelerator called ASPIRE. The virtual

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Abu Dhabi Free Zone: Digital Bank Licensing Gains International Interest

Several firms from the United Arab Emirates (UAE), the broader Middle Eastern region, and Asia-Pacific, are looking to establish digital

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A Fintech Academy for Egypt

Knowledge Officer announced a collaboration with the Corporation for International Cooperation (GIZ) to launch the Fintech Academy, which is said

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Fintech Saudi Ties up With Flat6Labs to Launch a Fintech Accelerator Programme

Powered by startup accelerator Flat6Labs, Fintech Saudi is launching its Fintech Accelerator, an intensive 3-months innovation and entrepreneurship programme.  The

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Closing the MSME Funding Gap in the Middle East and Africa

How to help the small business sector access the $5.2tn it needs to thrive. Across the world, micro, small and

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Abu Dhabi Islamic Bank Partners With UAE’s Ministry of Finance for eDirham Cards

Abu Dhabi Islamic Bank (ADIB) announced that it had partnered with UAE’s Ministry of Finance (MoF) to offer a range

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Huawei Developer Conference: Brett King Talks Financial Inclusion, Banking 4.0, and More

At the 2020 Huawei Developer Conference held earlier this week, fintech influencer, best-selling author, and entrepreneur Brett King joined the

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DIFC and Dubai Future Foundation to Boost Blockchain and AI-Driven Startups

Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding (MoU) with the Dubai Future Foundation (DFF) for a technology

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5 Key Highlights From Huawei’s Developer Conference

From September 10 to 12, 2020, Huawei Consumer Business Group (BG) held the annual Huawei Developer Conference. Themed HDC.Together, the

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Singapore-Based Fintech 360F Partners Zurich Insurance in the Middle East

Singapore-based fintech 360F has partnered with Zurich Insurance to launch a direct-to-customer engagement application in the Middle East.  The fintech

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Huawei Developer Conference 2020 to Discuss HarmonyOS, HMS Core 5.0, EMUI 11, Fintech, and More

From September 10 to 12, 2020, Huawei will be hosting its annual developer conference, a multi-day event expected to bring

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Huawei Partners TPAY Mobile to Drive App Monetisation for Developers in the Middle East

Huawei has partnered with TPAY Mobile, a digital payment enabler in the Middle East and Africa (MEA), to allow developers

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Leading Swiss Wealthtech Additiv Targets Middle East Expansion

additiv, a global SaaS provider to the wealth management industry, today announces the opening of a new office in Dubai

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Spiros Margaris Appointed to Saudi’s STC Pay’s Board of Directors

Spiros Margaris, Swiss venture capitalist and founder of Margaris Ventures, shared on Twitter that he would be a Board Member

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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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Israel’s Emergence as a Fintech Nation

With more than 500 fintech companies, Israel is rapidly emerging as a fintech powerhouse with players in the sector attracting

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Visa Study Shows Significant Shift to Digital Commerce Amid COVID-19

Visa published its global Back to Business study assessing the shift to digital commerce in response to the pandemic, driven

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A Growing Fintech Ecosystem Is Emerging In Saudi Arabia

The fintech landscape in Saudi is said to be rapidly developing according to the Fintech Saudi Annual Report 2019/ 2020,

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Israel Stock Exchange Launches Blockchain Securities Lending Platform

The Tel-Aviv Stock Exchange (TASE) announced the launch of a Central Blockchain Securities Lending Platform in Israel. The platform will

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Dubai Pushes Region’s First Digital Security Capital Raise

Dubai International Financial Centre (DIFC) has announced that investment banking and wealth management firm GRIP is undertaking a fully digital

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Oman Air Partners with BankDhofar to Provide Instant Payment Solution

BankDhofar joined hands with Oman Air to launch an e-commerce payment gateway platform. The initiative will enable Oman Air customers

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UnionPay and Network International Introduces a COVID-Safe Drive-In Cinema Experience

Merchant clients of Network International, an enabler of digital commerce in the Middle East and Africa, supported by globally-recognised bankcard

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