Archive
The State of Fintech in Qatar: Report
Local authorities are looking to boost the competitiveness of fintech in Qatar, regionally and globally, according to a new whitepaper by Qatar Fintech Hub. The country currently has 17 banks – 5 conventional, 4 Islamic, 7 foreign bank branches, and
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These Are the Most Popular Islamic Banks in the MENA Region
According to a new report by Carma, Kuwait Finance House (KFH) is the most popular MENA-based Islamic bank by media presence. The report outlined the top Islamic banks in the MENA region by media visibility and favourability. The report studied
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Deutsche Börse’s Venture Arm Acquires Minority Stake in Israeli Fintech WeMatch
Deutsche Börse’s venture arm DB1 Ventures has acquired a minority stake in WeMatch, an Israel-based fintech company digitising the wholesale derivatives industry, as part of the latter’s US$ 19.5 million Series B equity funding round. The deal closed on 30
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MEA Fintech Weekly News: The Case for Mobile Money in Sub-Saharan Africa
In last week’s MEA fintech news, mobile money took centre stage once again in the African continent. Meanwhile, UAE sees some funding and M&A activity, Egyptian banks launch a fintech fund, and a Nigerian startup raises US$10 million. Mobile money
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Global Processing Services Launches in MENA With Dubai Headquarters
Global paytech company Global Processing Services has officially launched its operations in the MENA region, the company announced in a statement last week. The paytech company has set up its headquarters in Dubai, and aims to support financial institutions and
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6 Hot Fintech Startups in Dubai and Abu Dhabi 2021
Financial districts of both emirates – the Abu Dhabi Global Market (ADGM) and the Dubai International Financial Centre (DIFC) – have been heavily active in promoting fintech within the country, and setting the stage for more fintech startups to emerge.
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