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    Fintech News UAE

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    Bahrain

    BFC Payments Launches an Advanced Multi-Currency Travel Card

    Fintech News UAE12. January 2023

    BFC Payments , the Fintech arm of BFC Group Holdings W.L.L., has collaborated with M2P Fintech, an Asian largest API…

    Bahrain

    Payments Firm BPC Extends Partnership With Bahrain-Based Fintech IPS

    Fintech News UAE11. January 2023

    Payment solutions provider BPC announced that it has extended its collaboration with Bahrain-based International Payment Services (IPS). As part of…

    Dubai

    Mashreq Neo Hires New Head of Digital and Personal Banking

    Fintech News UAE10. January 2023

    Mashreq, one of the leading financial institutions in the UAE, has appointed Radu Topliceanu as its new Head of Neo…

    Qatar

    Qatar Sees Increased Traction from International Fintech Companies

    Fintech News UAE9. January 2023

    Though less developed than neighboring countries including the United Arab Emirates (UAE) and Saudi Arabia, Qatar’s fintech industry has continued…

    Abu Dhabi Dubai

    2022 in Review: Key Fintech Initiatives and Developments in the UAE

    Fintech News UAE5. January 2023

    Over the past years, the United Arab Emirates (UAE) has emerged as a leading fintech hub in the Middle East…

    Saudi Arabia

    Saudi Central Bank Launches Open Banking Lab

    Fintech News UAE4. January 2023

    The Saudi Central Bank (SAMA) announced the launch of the Open Banking Lab according to the Open Banking Framework issued…

    Turkey

    Digital Turkish Lira: Turkey Completes First CBDC Pilot Transactions

    Fintech News UAE4. January 2023

    In the scope of the first-phase studies of the Digital Turkish Lira Project, conducted under the leadership of the Central…

    Egypt Iraq Jordan

    Jordan, Iraq, Egypt Central Banks Collaborate With Buna for Pension Payments

    Fintech News UAE21. December 2022

    The central banks of Iraq, Jordan, and Egypt has leveraged Buna, a cross-border payment system operated by Arab Regional Payments…

    Abu Dhabi

    Central Bank of UAE Plans New Instant Payment Platform

    Fintech News UAE20. December 2022

    His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), chaired a meeting with the UAE…

    Various

    Top 15 Most Well-Funded Fintech Companies in Middle East

    Fintech News UAE20. December 2022

    In 2022, technology startups in the Middle East and North Africa (MENA) region continued to attract funding, securing a total…

    Bahrain Kuwait Oman Qatar Saudi Arabia

    Temenos Partners With NdcTech to Expand Its Market Reach in the Gulf Region

    Fintech News UAE19. December 2022

    Banking software company Temenos announced that it will be granting license rights to NdcTech, a wholly owned subsidiary of Systems…

    Egypt

    Egypt’s New Financial Inclusion Strategy

    Fintech News UAE19. December 2022

    The Central Bank of Egypt (CBE) has launched its Financial Inclusion Strategy 2022-2025, a national development plan focusing on expanding…

    Various

    Middle East Digital Banking Sector Growing at a 43% Annual Rate

    Fintech News UAE15. December 2022

    Since 2012, the Middle Eastern digital banking market has experienced sustained growth, rising at a 43% compound annual growth rate…

    Saudi Arabia

    Saudi Arabia Fintech Funding Jumped 54% This Year

    Fintech News UAE14. December 2022

    Despite a global startup funding pullback, Saudi Arabian fintech industry continued to grow and mature this year. Companies in the…

    Kuwait

    Mastercard Brings Apple Pay to Kuwait

    Company Announcement13. December 2022

    Mastercard brings Apple Pay to its cardholders in Kuwait Customers simply hold their iPhone or Apple Watch near a payment…

    Saudi Arabia

    Saudi Central Bank Licenses New Fintech Company Specialized in Debt-Based Crowdfunding

    Fintech News UAE13. December 2022

    The Saudi Central Bank (SAMA) announced the licensing of Manafa – a finance company specialized in debt-based crowdfunding in the…

    Dubai

    Al-Futtaim Malls Introduces ‘Buy Now Pay Later’ Payment Option With Tabby Card

    Fintech News UAE13. December 2022

    Al-Futtaim Malls announced a partnership with Tabby to launch the Tabby Card for shoppers to use across all eligible stores in…

    Abu Dhabi

    Etisalat Partners With Abu Dhabi Global Market to Digitally Enable Startups and Businesses

    Fintech News UAE13. December 2022

    Etisalat UAE, branded etisalat by e&, has partnered with Abu Dhabi Global Market (ADGM), the capital’s financial centre, to provide…

    Dubai

    Is Fintech The Answer to Costly Fees for Cross Border Remittances in MENA?

    Fintech News UAE6. December 2022

    It is very common in the Gulf Cooperation Council (GCC) part of the Middle East North Africa (MENA) region for…

    Abu Dhabi Dubai

    IFZA Free Zone Partners With Wio Bank to Provide Digital Banking Services

    Fintech News UAE6. December 2022

    IFZA Dubai, an UAE international Free Zone, has entered into a partnership agreement with Wio Bank, the region’s first platform…

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