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NETZ Coin Offers Unique and Sustainable Long-Term Value to Holders

NETZ Coin is a 2.0 Generation Security token developed by Net Zero Enterprises, led by a team that, over 36 years, has partaken in over 200 successful projects with zero defaults, at a cost of $30 billion in project finance

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Bahrain’s Central Bank to Pilot Digital Currency for Real Time Cross Border Payments

The Central Bank of Bahrain (CBB) is collaborating with J.P. Morgan and Bank ABC to introduce real time cross border payment solution in a digital currency settlement pilot scheme. Bank ABC along with J.P. Morgan will pilot the transferring of

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South Africa, Nigeria and Kenya: Africa’s Largest Fintech Hubs

In Africa, South Africa, Nigeria and Kenya have the three most developed fintech ecosystems, combining more than 450 companies. This burgeoning industry has been driven by strong demographic indicators, increased connectivity, early regulation, and proactive governments. South Africa: an early

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Federal Bank Partners Mashreq Bank for Instant Money Transfers From UAE to India

Federal Bank has entered into a strategic tie-up with Mashreq Bank to facilitate money transfers from the UAE to India by supporting the latter’s faster payment product, QuickRemit, which was launched in 2017. As a result of the partnership, Mashreq

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Zurich Taps Amazon Payment Services to Offer Digital Payments Option in the Middle East

Amazon Payment Services (APS), a payment processing services provider, has partnered with Zurich International Life Limited to offer digital payments for its customers in the Middle East for the latter’s digital customer onboarding platform ZurichPro. Zurich is a multi-line insurer

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Kuwait Finance House Rolls Out E-Wallet in Partnership With Samsung, Fitbit and Garmin

Kuwait Finance House (KFH) announced that it has launched its digital wallet service through smart mobiles and watches in cooperation with Samsung, Fitbit and Garmin. The holders of KFH VISA ATM, credit and prepaid cards as well as Mastercard cards (except

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UAE’s Central Bank Taps SWIFT to Enhance Cross-Border Payments

The Central Bank of the UAE (CBUAE) announced that it has been working with SWIFT, a global provider of secure financial messaging services, on an initiative to further enhance the speed and transparency of cross-border payments. The CBUAE said that

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Top 5 Ranked Arab Countries in Fintech- New Arab Monetary Fund Index

The Arab Monetary Fund launched the Index of Modern Financial Technologies in the Arab countries called the FinxAr. The index sheds light on the developments in the financial technology industry and digital financial services in the Arab countries during the

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Dubai Crypto Firm BitOasis Secures Regulatory Approvals from ADGM

BitOasis, a digital asset trading exchange and platform in Dubai, announced that it has been granted a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). The firm said that it

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Dubai’s Free Trade Zone Breaks 7 Year Record for New Firm Registrations in April

Dubai Multi Commodities Centre (DMCC), a Dubai government authority on commodities trade and enterprise, has welcomed 216 new businesses to their free zone in April 2021, the highest recorded number for April in 7 years. DMCC added that Q1 2021

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