Archive
Q9 Gets Provisional Approval to Establish a Regional Crypto Hub in Dubai
Crypto investment platform Q9 Capital announced that it has received provisional approval from Dubai’s Virtual Asset Regulatory Authority (VARA) to establish a regional hub in the UAE. Q9 is also in the process of applying for a full operating license
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Gulf Bank of Kuwait and Mastercard Enable Online Checkouts With Click to Pay
The Gulf Bank of Kuwait (GBK) and Mastercard have partnered to enable local merchants to utilise Click to Pay, a payment method that allows online shoppers to checkout without entering their card information and password. The new embedded checkout experience,
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Demystifying Accounts Payable Automation
According to the Ardent Partners market research study: ‘The State of ePayables 2022’, 70% of mid-market companies have made Accounts Payable (AP) automation a priority. While this positive trend represents a 48% increase over that of the previous year, many
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Tel Aviv Stock Exchange to Establish a Digital Asset Platform
The Tel Aviv Stock Exchange (TASE) has published its new strategy for the years 2023-2027, including plans to venture into cryptocurrencies and create a new blockchain-enabled digital asset platform. The bourse says it will promote the implementation of innovative technologies
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Mastercard and BitOasis Partner to Enable Crypto Card Payments in the Middle East
UAE cryptocurrency platform BitOasis and Mastercard have launched a crypto card programme to facilitate day-to-day usage of cryptocurrencies at points of sale and across e-commerce platforms. The partnership enables BitOasis to issue virtual and physical cards that allow customers to
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DIFC and GEFI Partner to Prepare for UAE’s Hosting of COP28 in 2023
The Dubai International Financial Centre (DIFC) has entered a year-long partnership with the Global Ethical Finance Initiative (GEFI) ahead of next year’s United Nations climate change conference, better known as COP28. The partnership aims to drive commitment and action ahead
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Aliph Capital Secures US$125 Million From ADQ for Its First Fund
Gulf alternative investment manager Aliph Capital has secured a US$125 million investment for its maiden fund from Abu Dhabi investment and holding company ADQ. The firm was founded by Huda Al-Lawati, a private equity professional with over 20 years of
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Crunch Launches Its Personal Finance Management App in Dubai
Dubai-based personal finance management startup Crunch has launched its new mobile app with features to monitor budgets, view monthly spending, track expenses and set personal financial goals. The Crunch app syncs a user’s financial accounts including bank accounts, credit cards,
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Insurtech Wellx Partners With Google’s Fitbit to Gamify Health Insurance in the UAE
UAE’s wellness insurance platform Wellx has partnered with Google’s fitness wearable company Fitbit to incentivise insurees to stay healthy throughout the year. Wellx plans to connect their platform with Fitbit’s API and provide insurees with a complimentary Fitbit wearable to
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Kuwait Finance House Launches Its Digital Wealth Management Platform in Bahrain
Kuwait Finance House (KFH) – Bahrain has launched KFHB Wealth, its digital wealth management platform to streamline the investment and banking experience for the bank’s high net worth clients. The new platform, accessible on mobile and web, allows KFH Bahrain
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