Fintech News Middle East

Fintech Saudi Arabia Access Guide and Annual Ecosystem Report

Fintech Saudi, a financial sector development program initiative launched by the Saudi Arabian government in 2018, has released its latest

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Abu Dhabi Launches Blockchain Solution for Land Registry

Tech Mahindra has announced a partnership with the Department of Urban Planning and Municipalities (DPM) to launch a Blockchain solution

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5 Key Areas For UAE’s Bank to Keep Pace with Fintech

Analysis conducted by Bloomberg Intelligence based on a roundtable discussion with Dubai Islamic Economy Development Centre (DIEDC) found that banks

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A National eKYC Utility will be Created in Bahrain

Fenergo, a provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, announces that it will be working with

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Saudia Arabia Grants Fintech Experimental Permits to 3 Equity Crowdfunding Platforms

In reference to Fintech Experimental Instructions permits issued by the Capital Market Authority Saudia Arabia (CMA), Buthoor Solidarity, Afaq and

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Abu Dhabi Islamic Bank Starts with Samsung Pay for Visa Covered Cardholders

Abu Dhabi Islamic Bank (ADIB) has announced the launch of Samsung Pay, the mobile payment and digital wallet service for

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UAE’s First Digital Business Bank Unveiled

Emirates NBD, a leading banking group in the region, announced that it has created E20., the UAE’s first digital business

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Bahrain and UAE Leads Middle East’s Fintech Scene, Study Finds

In the Middle East, Bahrain and the United Arab Emirates (UAE) have emerged as fintech leaders, thanks to the supportive

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Regional Bank Launches a Supply Chain and Trade Finance Online Tool

Emirates NBD, one of the leading banks in the region, has launched smartTRADE, a new portal catering to supply chain

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Flat6Labs Bahrain Holds Third Startup Demo Day

Flat6Labs Bahrain hosted its Third Demo Day at The Ritz Carlton Bahrain, where 6 startups from its third cycle showcased

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Abu Dhabi Launches Health Blockchain-Based System

The Ministry of Health and Prevention (MoHAP) has launched the first blockchain-based system to save and share assessment information of

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One of the Hottest Swiss Fintech Expands to Middle East

Instimatch Global, the leading digital network for institutional money market trading, has appointed international entrepreneur Hassan Al-Lawati as Chief Relationship

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Dubai Has Now Over 100 Fintech Companies Registered

With a three-fold growth since end of 2018, the Centre’s enabling environment continues to support the development of the FinTech

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Emirates NBD to Launch Voice Banking Through Amazon Alexa

Emirates NBD customers in the UAE will soon be able to get banking updates, track spends as well as listen

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Abu Dhabi Awards Bank Status to the Worlds’ First Licensed Digital Trade Bank

Anglo-Gulf Trade Bank (AGTB), a global pioneer in digital transaction banking, has received a full digital banking license and Category

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Meet the 31 Startups Participating in the DIFC FinTech Hive’s 2019 Accelerator Programme

DIFC FinTech Hive, announced the commencement of the 2019 edition of its accelerator programme. The third edition of the programme

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ADCB Launches Real Time Blockchain Trade Finance for Customers

Abu Dhabi Commercial Bank (ADCB) has digitised trade finance for its customers using the Singapore-based dltledgers Blockchain platform. ADCB is

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4 new Fintech Startups Selected for Abu Dhabi Regulatory Lab

Abu Dhabi Global Market welcomes four new FinTech start-ups in its fourth Regulatory Laboratory (RegLab) cohort. These four local and

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Saudi Arabia: Green Light To Test Robo-Advisory Service

Saudi Arabia’s capital markets watchdog has granted Haseed Investing Company and Wahed Capital a Fintech ExPermit, allowing the two companies

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The First to Certify 5 FinTech Startups Under API Sandbox Program

Emirates NBD, a leading bank in the region, together with the DIFC FinTech Hive, a fintech accelerator in the Middle

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Bahrain Issues Final Rules on Insurance Aggregators

The Central Bank of Bahrain issued the final rules on “insurance aggregators”. Mr. Abdul Rahman Al Baker, Executive Director of

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The Region’s First Blockchain Know Your Customer Data Sharing Consortium

Dubai International Financial Centre and Mashreq Bank are partnering with norbloc, a leading Know Your Customer (KYC) and client onboarding

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Abu Dhabi Collaborates with a Chinese Fintech Giant

Abu Dhabi Global Market and OneConnect signed a Memorandum of Understanding to promote and develop FinTech innovation, ecosystems, and market

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Abu Dhabi Releases Regulatory and Governance Regime for Robo-Advisors

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued its regulatory framework for Digital Investment

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Artificial Intelligence will Boost Middle East’s GDP

As technology evolves at an ever-increasing pace, decision-makers are coming to terms with the need to embrace change and transform

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Crypto Asset Exchange Matrix Exchange Receives In-Principle Approval from FSRA of ADGM

Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from

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DIFC Strengthens Leadership Team to Drive Vision for Future Growth

Dubai International Financial Centre (DIFC) Authority has strengthened its leadership team. The Centre has made a number of strategic appointments

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