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    Fintech News UAE

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    Dubai

    Emirates Islamic Offers new Startup Accounts for UAE SME’s

    Fintech News UAE11. May 2023

    Emirates Islamic has launched the new Emarati Absher Business Account designed exclusively to provide a comprehensive suite of premium banking…

    Dubai

    TWIG Raises Pre-seed Round, Secures DFSA License

    Fintech News UAE11. May 2023

    TWIG Solutions (TWIG), a financial technology startup based out of Dubai International Financial Centre (DIFC), has received an Innovation Testing…

    Dubai

    IFZA and Mashreq Announce Partnership

    Fintech News UAE11. May 2023

    IFZA Dubai, an UAE international Free Zone, announces the signing of a memorandum of understanding (MoU) partnership with Mashreq, one…

    Dubai

    RAKBANK Enables Digital Onboarding for In-App Credit Card Applications

    Fintech News UAE11. May 2023

    The National Bank of Ras Al Khaimah (RAKBANK) has rolled out a new digital on-boarding solution that allows customers to…

    Dubai

    Standard Chartered to Launch Digital Asset Custody Services in the UAE

    Fintech News UAE11. May 2023

    Standard Chartered signed a memorandum of understanding (MoU) with Dubai International Financial Centre (DIFC) to collaborate on digital assets, including…

    Israel

    Airwallex Launches in Israel, Appoints Ex-Googler to Lead Operations

    Fintech News UAE10. May 2023

    Cross border payments firm Airwallex has officially launched its operations in Tel Aviv, Israel as the first step of its…

    Dubai

    DBS Mulling Dubai Expansion to Scale up Middle East Presence, Says Piyush Gupta

    Fintech News UAE10. May 2023

    DBS Bank’s CEO Piyush Gupta said that the financial firm is mulling expansion plans in Dubai, according to a Bloomberg…

    Egypt

    Egyptian VC Firm DisrupTech Ventures Bags US$5 Million Investment From Proparco

    Fintech News UAE9. May 2023

    DisrupTech Ventures, an Egypt-based venture capital firm focused on fintech, has received a US$5 million investment from Proparco, a subsidiary…

    Abu Dhabi

    e& Enterprise to Acquire Majority Stake in UAE Lending Startup Beehive

    Fintech News UAE8. May 2023

    e& enterprise, part of e&, has signed a binding agreement to acquire a majority stake in Beehive, a peer-to-peer digital…

    Bahrain Dubai

    Real-Time Transactions Poised to Growth in the UAE

    Fintech News UAE4. May 2023

    New, sophisticated use cases for consumers and businesses are driving global real-time payment volumes to record highs, with 195.0 billion…

    Saudi Arabia

    Saudi Central Banks Seeks Public Consultation on BNPL Regulation

    Fintech News UAE4. May 2023

    The Saudi Central Bank (SAMA) seeks public consultation on the draft “Rules for Regulating Buy Now Pay later (BNPL) Companies.”…

    Saudi Arabia

    Tarabut Gateway Raises US$32 Million to Expand in Saudi Arabia

    Fintech News UAE4. May 2023

    Tarabut Gateway announced the completion of a US$32 million Series A fundraise. The funding round was led by Pinnacle Capital…

    Dubai

    Dubai Emerges as the Next Global Hedge Fund Hub

    Fintech News UAE2. May 2023

    A report titled ‘Dubai: The next global hedge fund centre – opportunities and outlook’ – released by Dubai International Financial…

    Dubai

    Mashreq Appoints New Group Head of Technology, Transformation & Information

    Fintech News UAE2. May 2023

    Mashreq announced the appointment of Mohamed Abdel Razek as the Group Head of Technology, Transformation & Information. In this role,…

    Abu Dhabi Dubai

    Worldpay/FIS Expands to the United Arab Emirates

    Fintech News UAE28. April 2023

    FIS has announced its Worldpay merchant business will be expanding its payment processing capabilities into the United Arab Emirates (UAE)…

    Abu Dhabi

    Abu Dhabi Partnership: 48 Hours Bank Account Opening for SME’s

    Fintech News UAE27. April 2023

    The Abu Dhabi Department of Economic Development (ADDED), the catalyst of economic growth in the emirate, and Wio Bank, an…

    Dubai Sponsored

    Fintechs and Banks Unite for Innovation at DIFC’s Dubai Fintech Summit Dialogues

    Fintech News UAE25. April 2023

    Dubai International Financial Centre (DIFC) hosted recently the second Dubai FinTech Summit (DFS) Dialogues powered by the Innovation Hub. Heads…

    Various

    How Central Bank Digital Currencies (CBDCs) Could Reinforce Financial Stability in Emerging Economies

    ismatjon_hoshimov 1x x4-wq25. April 2023

    As someone who spent years inside the central banking system, leading inspections and building early-warning models in collaboration with the…

    Saudi Arabia

    Saudi’s STC Group Makes a Move Into Europe

    Fintech News UAE24. April 2023

    stc Group announced that its ICT infrastructure subsidiary, TAWAL, has signed an agreement to acquire United Group’s telecommunications tower assets.…

    Abu Dhabi

    ADGM is Seeking Feedback on DLT Consultation Paper

    Fintech News UAE20. April 2023

    The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has issued a consultation paper to explain the proposed Distributed Ledger Technology…

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