Posts From Fintechnews Middle East
Flash Secures US$6M Seed Round to Accelerate Contactless Payments in Egypt
Flash, a new cashless payments app in Egypt, has secured a US$6 million seed funding round led by Addition, with participation from Flourish Ventures and other angel investors. The funding will be used to accelerate the startup’s product development as
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Emirates NBD Revamps Digital Bank Liv Targeting Generation Now
Emirates NBD has revamped its digital bank Liv, with a new value proposition targeted at Generation Now empowering them with a better financial future through innovative offerings and a superior digital experience. Reflected in its new tagline, ‘Liv Ahead’, Liv’s
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Emirates NBD Enhances Whatsapp Banking Service
Emirates NBD has launched an enhanced and upgraded version of its WhatsApp banking service, providing customers with a convenient, secure and reliable digital banking experience like never before. Emirates NBD WhatsApp banking allows customers to seamlessly avail of 15 everyday
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Emirates NBD to Transform Business Operations and Enhance Productivity With Generative AI and Microsoft
Emirates NBD has announced a transformation focused on harnessing the power of generative AI to change Emirates NBD’s operations and enhance productivity across various business functions supported by Microsoft. This collaboration aims to unlock new opportunities for innovation, efficiency, and
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Saudi Central Bank Finalizes Regulations for Law of Payment Services
The Saudi Central Bank (SAMA) announces the issuance of the Implementing Regulations for the Law of Payments and Payment Services to support the objective of enhancing soundness and efficiency of the payment systems infrastructure in Saudi Arabia. The relevant regulatory
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Saudi Central Bank Permits New BNPL Company
The Saudi Central Bank (SAMA) granted “Tamara” a permit to provide Buy Now Pay Later (BNPL) solutions pursuant to Saudi Central Bank Law and Finance Companies Control Law. With Tamara, there are now four authorized companies offering BNPL solutions. SAMA
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Forex Market vs. Stock Market: Comparing Characteristics and Trading Strategies
When it comes to investing, the Forex market and the stock market are two prominent options that come to mind. Both offer exciting opportunities for individuals to grow their wealth, but they differ in several ways. In this post, we’ll
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DIFC to Build Campus Set to Attract Over 500 AI and Web 3.0 Companies
Under the directives of First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC) His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, DIFC, announced
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Ahli Bank Introduces Jordan’s First Social Payment App
Jordan Ahli Bank proudly announces the launch of Qawn, Jordan’s first-of-its-kind social payment app, revolutionizing the way users send and receive money through built-in chat capabilities. One key feature of the Qawn app is its integration with CliQ, a local
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Cisco Plans Cloud Security Data Center in Saudi Arabia
Cisco announced plans to establish a data center for cloud-delivered security in the Kingdom of Saudi Arabia (KSA) to help customers protect their users, infrastructure, and investments against threat actors. The announcement is part of Cisco’s continued effort to empower
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