Archive
Abu Dhabi Enables All Government Payments Through ADPay
The Abu Dhabi Smart Solutions and Services Authority (ADSSSA) formally launched its ‘Abu Dhabi Government Digital Payment platform’ (ADPay). Launched in collaboration with the First Abu Dhabi Bank (FAB), the platform aims to facilitate simplified digital payment mechanisms for both
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Industry Consortium Wants To Strengthen The Fintech Ecosystem In Egypt
The Venture lab at The American University in Cairo, and university-based startup accelerator in Africa and the MENA region, Temenos, banking software company, and CIB, Egypt’s largest private sector bank, have come together to announce a collaboration to strengthen the
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An Islamic & Sustainable FinTech Center launched in Bahrain
Bahrain FinTech Bay announces the launch of the Global Islamic & Sustainable FinTech Center (GISFC) with local, regional and international members. GISFC, builds on BFB’s diverse network of partnerships locally, regionally and internationally, and aims to help accelerate the use
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New Report Examines Saudi Arabia’s Digital Government Ambitions
As digital transformation continues to play a fundamental role in shaping the way governments across the world adapt to new opportunities and challenges, International Data Corporation (IDC) has published an in-depth analysis to spur debate, share data, highlight best practices,
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Standard Chartered CEO: The Digital Future for the African Continent is Bright
We are fortunate to witness a period of monumental progress in Africa. The changes are visible across all sectors. African start-ups have raised a record-breaking $560 million in 2017, an increase of 53% from the previous year. African governments have
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Fintech in Dubai News Roundup
Over the past years, Dubai has been positioning itself as a leading fintech hub in the Middle East and North Africa region, supported by government initiatives to establish a favorable environment for financial innovation and attract foreign fintech players. As
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Singaporean Fintech Firm Partners with SEED Group to Expand in Middle East
Singapore based fintech firm Touché has signed an agreement with SEED Group as their local partner. In this agreement SEED will assist Touché in expanding their fingerprint-based payment and loyalty management solution to the Middle East. Based in Dubai, SEED
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Emcredit: Dubai Public Sector Goes Blockchain Payments
Citizens and residents of Dubai will be able to make digital payments for school fees, bills and retail purchases with a stable, digital currency after a partnership between blockchain payment provider Pundi X, Ebooc Fintech & Loyalty Labs LLC and emcredit – Dubai’s Credit Bureau. Consumers in Dubai, UAE
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Saudi Arabia Sovereign Fund Puts a Further US$45 Bil into Japan’s SoftBank
Saudi Arabia’s fledgling sovereign fund is putting in a further US$45 billion into Matsumoto Son’s famed Softbank, which in turn holds known technology companies like Alibaba, Sprint, Uber, Didi Chuxing, WeWork, Nvidia, and many others. This money follows a previous
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Bahrain Gets Another US$100 Mil Fund, This Time Specifically for Fintech Startups
Earlier this year, Bahrain Development Bank launched its Al Wafa fund of funds, with USD100 million available for tech startups in Bahrain. Now, the Economic Development Board (EDB) is also launching a fund worth USD100 million, but this time specifically
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