Qatar

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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Qatar FinTech Hub Reveals Third Cohort for Incubator, Accelerator

Qatar FinTech Hub (QFTH) has announced the list of 16 fintechs joining Wave 3 of its incubator and accelerator programmes. Founded by the Qatar Development Bank (QDB), the QFTH runs an incubator and an accelerator to encourage fintech innovation in

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The State of Fintech in Qatar: Report

Local authorities are looking to boost the competitiveness of fintech in Qatar, regionally and globally, according to a new whitepaper by Qatar Fintech Hub. The country currently has 17 banks – 5 conventional, 4 Islamic, 7 foreign bank branches, and

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QPS Global to Pour Us$10 Million Into Middle East Expansion

US Fintech company QPS Global will be expanding its operations in the Middle East, the company has announced. To this end, the company will be making an investment of US$10 million in the region over the next 6-12 months. The

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