Posts From Company Announcement

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 the Kingdom, inviting the public and those interested – in furtherance of the principle of transparency and participation – to

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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 to more than 46% of all fintech companies in the region, and attracting most of fintech investments in 2019, according

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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 (NBF) PJSC is building a dedicated banking platform for Small and Medium Enterprises (SME) in the UAE, providing access to

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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 (RO 38.5 million) strategic Fintech investment programme. Fintech refers to innovative application of technologies and new technology-enabled business models in

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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 services portfolio supporting over 30 million registered as well as walk-in customers. ENPO has an extensive network of 4,000 branches

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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 in Bahrain and the Middle East and North Africa to launch Open Banking solutions. The Bank’s new ‘Aggregator’ service was

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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 accounts for 1 million customers in its first 10 months of operations, a landmark achievement placing Tyme squarely as a

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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 and Eastern Europe, Middle East and Africa (CEMEA) region. Bankable aims to work with Visa to accelerate the digital capabilities

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Dubai Welcomes Global Payments Pioneer WorldFirst

Dubai International Financial Centre (DIFC) informed that WorldFirst comes to Dubai. UK headquartered WorldFirst was acquired by Ant Financial, the financial technology arm of Alibaba Group Holding Limited in February 2019. The expansion to Dubai with a representative office in

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MENA’s Only Regulated Real Estate Crowdfunding Investments Platform Launches

SmartCrowd Limited, a Dubai-based company and MENA’s first financially regulated real estate investments platform (REIP) has announced that the company has fulfilled all regulatory requirements and acquired a full license from the Dubai Financial Services Authority (DFSA), the independent regulator

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