Qatar
Qatar Sees Increased Traction from International Fintech Companies
Though less developed than neighboring countries including the United Arab Emirates (UAE) and Saudi Arabia, Qatar’s fintech industry has continued to grow and attract international businesses over the past year. Owing to continuous support from regulators and several initiatives introduced
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Temenos Partners With NdcTech to Expand Its Market Reach in the Gulf Region
Banking software company Temenos announced that it will be granting license rights to NdcTech, a wholly owned subsidiary of Systems Limited and one of its largest regional system integrators partners. This will allow NdcTech to further develop and market the
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Visa to Pilot Facial Biometric Payments At FIFA World Cup Qatar 2022
Visa announced that it will pilot payment innovations such as instantly-issued prepaid cards and facial biometric payments at the upcoming FIFA World Cup Qatar 2022. To this end, the company has installed 5,300 contactless-enabled payment terminals at official FIFA venues,
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Ooredoo and iPay by Vodafone Awarded Qatar’s First Digital Payment Licenses
Qatar Central Bank (QCB) has issued the country’s first digital payment licenses to Ooredoo Money and iPay by Vodafone Qatar. The announcement was made in a tweet on 30 August 2022 that said that the issuance was made “to contribute
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Direct Remittance Service From Qatar to the Philippines Through Ripplenet
QNB,one of the largest financial institution in the Middle East and Africa, has launched Direct Remittance service for money transfers from Qatar to the Philippines, which makes it the first bank in Qatar to launch the service. To provide this
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Qatar National Bank Launches WeChat Pay and Alipay+
Qatar National Bank (QNB) has announced the launch of WeChat Pay and AliPay+ to its existing broad range of payment methods accepted by its merchant network in the country. This partnership will enable QNB’s customers to complete their transactions easily,
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Robo Advisers Are on the Rise in the MENA Region
Wealth managers in the MENA region are expecting strong growth in the number of robo advisers and digital only wealth managers, new research for behavioural finance experts Oxford Risk shows. Its study with independent financial advisers and wealth managers in
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Qatar Is Gearing Up to Host the First Ever InsurHack MENA in June
Qatar is gearing up to host InsurHack MENA, the first insurtech hackathon in the MENA region that is scheduled to take place virtually on the 5th and 6th of June, giving the flexibility for participants to join from any part
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Qatar Strives to Become a Global Fintech Hub
Striving to turn the country into a major fintech hub, the Qatar government has introduced a number of programs and initiatives to support local startups and entice international fintech companies to set up shop domestically and choose the nation as
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Spendwisor Raised Additional 35 Million USD
The recent agreement signed between Spendwisor Inc. and Gem Global Yield LLC SCS (GEM) to increase the existing facility size from QAR 190 million ($50m USD+) to QAR 310 million (USD 85m) is a testament to the positive progress Spendwisor
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