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News from all over the world
ICT Experts To Explore Saudi Arabia’s Digital Transformation Landscape
International Data Corporation’s annual IT Forum roadshow continues to grow from strength to strength, with the global technology events, research, and consulting firm preparing to host two editions in Saudi Arabia next month. Running under the theme ‘Innovate, Disrupt, and
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FinTech-Hub Abu Dhabi Attracts 166 Global Startup Applications For Its Innovation Challenge
AAbu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced that it had received 166 applications from over 39 countries for its inaugural FinTech Abu Dhabi Innovation Challenge. The impressive global participation was achieved in under two
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UAE – Creating a FinTech Eco-System – That Matters
The wave of startups, new technology and disruptive models has shaken the best in the business and made its importance felt, as consumers today have fast adapted to them. Going back to the basics – the majority we are catering
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Fintech in Iran: An Overview
Fintech is gaining steam in Iran as the country’s central bank, financial institutions and government agencies are taking steps to make Tehran a regional hub for financial innovation. This comes as part of the Iran Vision 2025, which seeks to turn Iran
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Fintech in Qatar and Bahrain
While places like the US, the UK and China have long been leaders in digital finance, new fintech companies are starting to pop up in unexpected locations such as Poland, Slovakia, as well as the Middle East, underscoring fintech’s global
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UAE Poised To Become The Fintech Nexus In MENA
In financial centers around the world, fintech has attracted large amounts of investment and attention from the private and public sectors as banks seek to maintain their competitive edge amid growing competition from new entrants, and governments aim to position
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Saudi Arabia and Japans SoftBank Launch Worlds Largest Tech Fund
An investment group that includes Japan’s SoftBank and Saudi Arabia’s main sovereign wealth fund, has announced a major close with over US$93 billion of committed capital for the tech-focused SoftBank Vision Fund. SoftBank Vision Fund Announces First Major Close, via SoftBank Group
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First Digital Bank Launched in Dubai
The Commercial Bank of Dubai (CBD), announced late in November that it is launching “CBD Now”, Dubai’s first digital-only bank. They aim to target millennials and digitally connected customers early in 2017. Peter Baltussen, CEO of Commercial Bank of Dubai
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