Latest World News

News from all over the world

Smart Dubai and IBM to Offer First Government-Endorsed Blockchain Platform

Smart Dubai and IBM  announced the launch of the Dubai Blockchain Platform, the first government-endorsed blockchain platform-as-a-service in the United Arab Emirates (UAE). Delivered through an IBM Cloud environment and built locally in the UAE, the enterprise-ready platform will serve as a

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With US$12.2 Mil Investment, This Singaporean Robo Advisor is Setting Up Shop in Dubai

WeInvest, a Singapore-based digital wealth services and robo-advisory firm, announced that its next phase of expansion will be into the United Arab Emirates (UAE). WeInvest combines robo-advisory and software-as-a-service for banks, wealth and asset managers, insurance companies and independent financial advisors. WeInvest

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Deutsche’s DWS Acquires 15% Stake in Neo to Strengthen Middle East Presence

DWS Group a subsidiary of Deutsche Asset Management entered into a binding agreement to acquire 15% stake in Neo Technologies, a fintech firm operating in the digital asset management space within the MENA region. Neo Technologies operates a platform-as-as-service model

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Robo Advisor Sarwa is The First to Graduate Dubai’s Sandbox

After nearly 12 months of testing, robo-advisory firm Sarwa has become the first participant to graduate from the Dubai Financial Services Authority’s (DFSA) sandbox. Sarwa’s services much like most robo-advisor offers consumers automated investing that matches the user’s risk appetite

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Emirates NBD Embraces Open Banking Through API Sandbox

Emirates NBD is jumping in on the open banking bandwagon through its debut of an API sandbox. The platform consists of over 200 APIs and 900 endpoints covering retail, corporate and SMEs. The API Sandbox makes Emirates NBD more accessible

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Abu Dhabi Enables All Government Payments Through ADPay

The Abu Dhabi Smart Solutions and Services Authority (ADSSSA) formally launched its  ‘Abu Dhabi Government Digital Payment platform’ (ADPay). Launched in collaboration with the First Abu Dhabi Bank (FAB), the platform aims to facilitate simplified digital payment mechanisms for both

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Industry Consortium Wants To Strengthen The Fintech Ecosystem In Egypt

The Venture lab at The American University in Cairo, and university-based startup accelerator in Africa and the MENA region, Temenos, banking software company, and CIB, Egypt’s largest private sector bank, have come together to announce a collaboration to strengthen the

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An Islamic & Sustainable FinTech Center launched in Bahrain

Bahrain FinTech Bay announces the launch of the Global Islamic & Sustainable FinTech Center (GISFC) with local, regional and international members. GISFC, builds on BFB’s diverse network of partnerships locally, regionally and internationally, and aims to help accelerate the use

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New Report Examines Saudi Arabia’s Digital Government Ambitions

As digital transformation continues to play a fundamental role in shaping the way governments across the world adapt to new opportunities and challenges, International Data Corporation (IDC) has published an in-depth analysis to spur debate, share data, highlight best practices,

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Standard Chartered CEO: The Digital Future for the African Continent is Bright

We are fortunate to witness a period of monumental progress in Africa. The changes are visible across all sectors. African start-ups have raised a record-breaking $560 million in 2017, an increase of 53% from the previous year. African governments have

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