Various
Year End Message to Our Readers – Offline from 29th December to the 3rd January
Fintech News Middle East would like to take this opportunity to wish all our readers a very Happy New Year. We will be taking a break from the 29th December 2020 to the 3rd January 2021. Until then, you can
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New Report Calls for Open Banking Harmonization Across the Arab World
Open banking is making inroads in the Arab world but visions and strategies between countries across the region vary dramatically. Defining a holistic vision for open banking in the region will allow Arab countries to fully reap the fruits of
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Open Banking Makes Foray Into the Middle East
Globally, initiatives across different jurisdictions have emerged to make open banking a reality, ranging from direct regulatory requirements, like what’s been done in the UK and the European Union (EU), to market-coordination and industry-led initiatives such as in the US
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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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Islamic Development Bank and Standard Chartered to Support SMEs With COVID-19 Stimulus Packages
Standard Chartered Bank (SCB) will participate in Islamic Development Bank’s (IsDB) Restore Track Program aimed at supporting IsDB’s member countries’ SMEs through stimulus packages. IsDB President Dr. Bandar Hajjar and M. Sunil Kaushal, CEO for Africa and Middle East, SCB
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Middle East Sees Booming Fintech Ecosystem Though Challenges Remain
Though still in early stage, the Middle East’s fintech sector is rapidly growing, fueled by a young demographic eager to adopt new digital solutions, low penetration of formal banking channels, and the region’s governments push for fintech adoption, says a
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Closing the MSME Funding Gap in the Middle East and Africa
How to help the small business sector access the $5.2tn it needs to thrive. Across the world, micro, small and medium-sized enterprises (MSMEs) are vital engines of economic growth and job creation. According to the World Bank, MSMEs make up
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Singapore-Based Fintech 360F Partners Zurich Insurance in the Middle East
Singapore-based fintech 360F has partnered with Zurich Insurance to launch a direct-to-customer engagement application in the Middle East. The fintech offers banks and insurers solutions and implementation services to enable digital multi-channel distribution models and automated financial advice for insurance
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Huawei Partners TPAY Mobile to Drive App Monetisation for Developers in the Middle East
Huawei has partnered with TPAY Mobile, a digital payment enabler in the Middle East and Africa (MEA), to allow developers from the MEA region to monetise their apps on the Huawei Mobile Services (HMS). The HMS serves as Huawei’s new
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Kyriba Expands Footprint in Middle East and Africa
Kyriba, a global liquidity solutions provider announced a partnership with Midis Group, a technology organization, comprising some 170 companies across 70 countries in the EMEA region. The alliance will enable the delivery of localized services and support in these regions
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