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MEFTECH Innovation Awards 2019 Shortlist Announced
H.E. Dr. Ahmed Abdulkarim Alkholifey, the Governor of Saudi Arabia Monetary Authority (SAMA) will officially open MEFTECH, on 24th February 2019, 9:00 am at the Four Seasons Hotel, Riyadh presenting the opening speech at the leading two-day banking, Fintech and
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Qatar Works To Become A Fintech Hub
Qatar is being prepped to become a leading fintech hub in the Middle East. The Qatar Financial Centre (QFC), a business and financial center located in Doha providing legal and business infrastructure for financial services, has been working with major
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Abu Dhabi Commercial Bank Integrates Personal Finance Management App
ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands’ technology. The MoneyBuddy app helps ADCB customers understand and manage their finances in a smarter and more independent way. Abu Dhabi Commercial Bank
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Leading Fintech Experts to Gather in Riyadh For MEFTECH 2019
MEFTECH, the longest running Banking & Financial Technology event in the MENA region, has announced its lineup of industry expert speakers on Fintech from across the world ahead of the two-day conference at the Four Seasons, Riyadh from 24th –
Read MoreIt’s Crypto-Winter, but Here’s Why One of Dubai’s Royalty Bets on This Crypto Fund
Sheikh Saeed Al Maktoum’s The Private Office has been on the hunt for a blockchain investment as part of the Emirates Blockchain Strategy 2021, and the company has finally landed on a recipient—Liechtenstein-based Invao, that will serve as an exclusive
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5 of The Best Funded Startups in The UAE Right Now
The pinpricks of a vibrant startup scene in the middle east have begun to emerge. Despite known problems on the SME loan front in UAE, the MENA region still managed to cultivate 366 deals amounting to US$893 million of total
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Abu Dhabi Invites Fintechs Aiming to Scale Globally to Apply for Their Sandbox
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is rallying FinTech and innovative firms who are ready to test their innovative financial solutions, services or business models across more than one country or jurisdiction to apply
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Investment Bank Granted Sandbox License to Operate Crowdfunding Platform in Saudi
The Capital Markets Authority of Saudi Arabia recently granted Falcom Financial Service Co a Financial Technology Experimental Permit — or better known as a sandbox license — to create an equity crowdfunding platform. Falcom is described as a full fledged investment
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What is Driving the Rise of Mobile Payments in UAE?
Mobile payments are on the rise in the United Arab Emirates (UAE) as the country’s young population is eager to embrace the latest technologies. Mastercard registered in record number of secure mobile transactions in 2018, which it credited to the
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“Aber” Project, The Common Digital Currency Between SAMA and UAECB
The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) clarified in a joint statement that one of the objectives of launching the common digital currency project ” Aber” is for use in financial settlements between the
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