Posts From Company Announcement

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 for Land Registry using SmartHub Application. The solution will enhance citizen services by increasing transparency and traceability of records, security,

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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 in the United Arab Emirates need to streamline their core banking processes before engaging with fintech players. The analysis highlights

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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 Bahrain’s Electronic Network for Financial Transactions (BENEFIT) in designing and implementing the world’s first national Know Your Customer (KYC) utility

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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 Samsung devices, for its Visa covered cardholders. Samsung Pay is the first mobile wallet system to be adopted by ADIB.

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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 bank for entrepreneurs and SME businesses. E20. will enable start-ups, sole proprietors, freelancers, gig economy workers, fintechs and insurtechs and

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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 and trade finance customers, as part of the bank’s smartBUSINESS channel. The enhancement is part of Emirates NBD’s ongoing AED

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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 their businesses in front of an audience consisting of VIPs, investors, high-net worth individuals, ecosystem partners and other prominent officials.

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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 health professionals, including doctors, pharmacists and technicians, with local licensing health authorities. The smart system, which will cover healthcare workers

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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 Officer to lead its expansion in the Middle East. Al-Lawati brings extensive global experience along with regional knowledge and relationships,

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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 industry, attracting major global players from across markets and technologies. Dubai International Financial Centre (DIFC) marks a significant milestone today having

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