Archive
Alinma Bank Signs on Japan’s JCB Cards for Acceptance in Saudi
Alinma Bank has partnered with Japanese credit card company JCB International Co., Ltd. (JCBI) to enable the acceptance of JCB Cards through its POS and ATM network devices deployed in Saudi. The expansion is in line with the Kingdom’s strategic
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Ripple Sets Up Regional Headquarters in Dubai
Dubai International Financial Centre (DIFC) announced that Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters there. Ripple reportedly chose DIFC for its “innovative regulations, expansive network and reputation as a leading global financial center”. Cointelegraph previously
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Meet the 7 Winners of the Fintech Abu Dhabi 2020 Innovation Challenge
The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM) have announced the seven winners of the fourth annual FinTech Abu Dhabi Innovation Challenge, one of the flagship initiatives of the FinTech Abu Dhabi event. Following a
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Saudi’s Capital Market Authority Grants 2 More Fintech Experimental Permits
The Capital Markets Authority of Saudi Arabia (CMA) has granted the Financial Technology Experimental Permit (FinTech ExPermit) to the Sukuk Capital Company and Osool & Bakheet Investment Company. The FinTech ExPermit aims to provide a regulatory framework conducive to the
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Neobanks Make Inroads in the UAE
Though still a nascent industry in the United Arab Emirates (UAE), neobanking is steadily making inroads into the country. Last month, news broke that Abu Dhabi state-owned holding company ADQ will be setting up a digital bank in the United
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Veolia Middle East Launches Accelerator Focused on Social Startups
Veolia Middle East, a provider of environmental engineering services, announced an accelerator programme aiming to support social startups, SMEs focused on creating a more sustainable future. Selected start-ups will be invited to pitch to the Veolia Management team in December.
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Fitze Converts Steps Into Coins for UAE’s Fitness Challenge
Fitze, United Arab Emirates’ (UAE) fitness rewards-based app, announced the launch of its challenge of 30 days 200k steps in line with the Dubai Fitness Challenge. Launched in 2017, the Dubai Fitness Challenge is an annual celebration of fitness and
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LogRhythm Launches Tool for Cybersecurity Compliance in Saudi
Cybersecurity company LogRhythm has launched reporting capabilities and compliance use cases that make it simple and efficient to comply with the Kingdom of Saudi Arabia’s (KSA) Essential Cybersecurity Controls (ECC). It enables organisations of all kinds to use automation to
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Dubai Startup Hub Kicks off Initiative to Put Startups on a Fast Track
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has announced the launch of the Scale-Up Dubai programme. The programme is intended to aid fast-growing startups or scale-ups by providing in-depth knowledge, guidance and tailored support. Joining
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First Abu Dhabi Bank Enables Fully Digitised Account Opening for SMEs
First Abu Dhabi Bank (FAB), has fully digitised its account opening processes for SMEs in the United Arab Emirates region through its BASHER portal. The Government of the United Arab Emirates represented by The Department of Proactive Services – Ministry
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