Archive
Bahrain and Singapore’s Regulators to Join Hands Fostering Fintech Innovation
The Central Bank of Bahrain (CBB) and the Monetary Authority of Singapore (MAS) signed a Memorandum of Understanding (MOU) to foster innovation in financial services between the two countries. This follows Bahrain’s series of strategies to bolster its fintech sector
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Bahrain Has Big Plans for its Fintech Industry and Startups
The government of Bahrain wants to make the country the go-to place in the Middle East for fintech companies and it’s betting on its banking know-how to help it establish a healthy fintech ecosystem. Bahrain has one of the freest
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Smart Dubai and IBM to Offer First Government-Endorsed Blockchain Platform
Smart Dubai and IBM announced the launch of the Dubai Blockchain Platform, the first government-endorsed blockchain platform-as-a-service in the United Arab Emirates (UAE). Delivered through an IBM Cloud environment and built locally in the UAE, the enterprise-ready platform will serve as a
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With US$12.2 Mil Investment, This Singaporean Robo Advisor is Setting Up Shop in Dubai
WeInvest, a Singapore-based digital wealth services and robo-advisory firm, announced that its next phase of expansion will be into the United Arab Emirates (UAE). WeInvest combines robo-advisory and software-as-a-service for banks, wealth and asset managers, insurance companies and independent financial advisors. WeInvest
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Deutsche’s DWS Acquires 15% Stake in Neo to Strengthen Middle East Presence
DWS Group a subsidiary of Deutsche Asset Management entered into a binding agreement to acquire 15% stake in Neo Technologies, a fintech firm operating in the digital asset management space within the MENA region. Neo Technologies operates a platform-as-as-service model
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Robo Advisor Sarwa is The First to Graduate Dubai’s Sandbox
After nearly 12 months of testing, robo-advisory firm Sarwa has become the first participant to graduate from the Dubai Financial Services Authority’s (DFSA) sandbox. Sarwa’s services much like most robo-advisor offers consumers automated investing that matches the user’s risk appetite
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Emirates NBD Embraces Open Banking Through API Sandbox
Emirates NBD is jumping in on the open banking bandwagon through its debut of an API sandbox. The platform consists of over 200 APIs and 900 endpoints covering retail, corporate and SMEs. The API Sandbox makes Emirates NBD more accessible
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