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    Fintech News UAE

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    Dubai

    Emirates NBD’s Mobile Banking App Now Available on Huawei AppGallery

    Fintech News UAE8. December 2020

    Emirates NBD announced that its mobile banking app is now available on the Huawei AppGallery, providing its customers with added…

    Abu Dhabi

    UAE Central Bank Launches its Fintech Office

    Fintech News UAE7. December 2020

    The Central Bank of the UAE (CBUAE) announced the opening of its fintech office during the FinTech Abu Dhabi 2020,…

    Africa Nigeria

    Booming Nigerian Fintech Sector Could See Revenues Reach US$543M by 2022

    Fintech News UAE7. December 2020

    Fintech revenues in Nigeria are projected to reach an estimated US$543 million by 2022, driven by increasing smartphone penetration and…

    Abu Dhabi

    AI-Powered Robo Asset Manager FinaMaze Launches in the UAE

    Fintech News UAE6. December 2020

    FinaMaze, based in Abu Dhabi, announced the launch of its AI-powered robo asset manager for the Middle East and North…

    Saudi Arabia

    Saudi and UAE Central Banks Release Report on Joint Digital Currency Project Aber

    Fintech News UAE30. November 2020

    The Saudi Central Bank (SAMA) and the Central Bank of the United Arab Emirates (CBUAE) have released the report on…

    Dubai

    SEED Group Partners German Blockchain Firm Ubirch for UAE Expansion

    Fintech News UAE30. November 2020

    Venture capital firm SEED Group has partnered with German blockchain and cybersecurity specialist Ubirch. As part of this agreement, SEED Group…

    Various

    Open Banking Makes Foray Into the Middle East

    Fintech News UAE29. November 2020

    Globally, initiatives across different jurisdictions have emerged to make open banking a reality, ranging from direct regulatory requirements, like what’s…

    Dubai

    UnionPay, Abu Dhabi Islamic Bank to Enable Contactless Payments on NFC Terminals

    Fintech News UAE25. November 2020

    Card company UnionPay International partners Abu Dhabi Islamic Bank (ADIB) to enable UnionPay card and contactless payment transactions on the bank’s…

    Saudi Arabia

    Payment Gateway FSS Expands Its Reach to Saudi

    Fintech News UAE25. November 2020

    FSS (Financial Software and Systems), a global payments technology company, announced that it would be expanding its footprint to the…

    Abu Dhabi

    ADGM Forms Ties With Israel Securities Authority for Fintech Agreement

    Fintech News UAE23. November 2020

    The Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA) and the Israel Securities Authority (ISA) have entered into…

    Saudi Arabia

    Western Union to Snatch up 15% Stake in stc pay for $200 Million

    Fintech News UAE23. November 2020

    Western Union, an American worldwide financial services and communications company, has set out to acquire a 15% stake for $200…

    Dubai

    Singaporean Robo Advisor StashAway Expands Its Footprint to the UAE

    Fintech News UAE16. November 2020

    StashAway, a South East Asian digital wealth manager, has launched in the Dubai International Financial Center (DIFC), a financial hub…

    Dubai

    Dubai’s New Residency Program Targets Overseas Remote Workers and Digital Nomads

    Fintech News UAE12. November 2020

    Dubai has launched a new one-year residency program targeted at overseas remote workers, digital nomads and their families. The so-called…

    Dubai

    DIFC Innovation Hub Launched to Bolster Dubai’s Fintech Ecosystem

    Fintech News UAE11. November 2020

    DIFC has launched its startup incubator dubbed as the DIFC Innovation Hub. Collectively, over 250 firms are able to work…

    Saudi Arabia

    Alinma Bank Signs on Japan’s JCB Cards for Acceptance in Saudi

    Fintech News UAE10. November 2020

    Alinma Bank has partnered with Japanese credit card company JCB International Co., Ltd. (JCBI) to enable the acceptance of JCB…

    Dubai

    Ripple Sets Up Regional Headquarters in Dubai

    Fintech News UAE9. November 2020

    Dubai International Financial Centre (DIFC) announced that Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters there.…

    Events

    Meet the 7 Winners of the Fintech Abu Dhabi 2020 Innovation Challenge

    Fintech News UAE9. November 2020

    The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM) have announced the seven winners of the…

    Saudi Arabia

    Saudi’s Capital Market Authority Grants 2 More Fintech Experimental Permits

    Fintech News UAE5. November 2020

    The Capital Markets Authority of Saudi Arabia (CMA) has granted the Financial Technology Experimental Permit (FinTech ExPermit) to the Sukuk…

    Abu Dhabi Dubai Virtual Banking

    Neobanks Make Inroads in the UAE

    Fintech News UAE5. November 2020

    Though still a nascent industry in the United Arab Emirates (UAE), neobanking is steadily making inroads into the country. Last…

    Various

    Veolia Middle East Launches Accelerator Focused on Social Startups

    Fintech News UAE4. November 2020

    Veolia Middle East, a provider of environmental engineering services, announced an accelerator programme aiming to support social startups, SMEs focused…

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