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1st Industry e-KYC Utility Project With UAE Financial Institutions Concluded
Abu Dhabi Global Markets announces the successful conclusion of the first phase of the industry electronic-Know-Your-Customer (e-KYC) utility project. The Financial Services Regulatory Authority (FSRA) of ADGM, in collaboration with its project advisor, KPMG, have published a high-level summary of
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Reflecting On Fintech News Middle East’s 1st Year Amidst the Region’s Fintech Boom
Time surely flies, almost without realising it we are celebrating our one year anniversary since launching our Fintech News Middle East in September 2017. And what a way to mark our 1 year anniversary than to forge partnership up with
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Top 10 Most Well-Funded Fintech, Insurtech Startups in the Middle East
In the Middle East and North African (MENA) region, the fintech industry is rapidly growing with the number of fintech startups in the region more than doubling between 2013 and 2015. According to experts and industry observers, the staggering 86%
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Fintech Fails to Emerge in Troubled Yemen
Yemen is an Arab sovereign state in Western Asia at the southern end of the Arabian Peninsula and the second-largest country (27 Million population) in the peninsula. It is also the poorest country in the Arab region, according to the UN. Once
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Bahrain Pushes for Fintech Innovation
Bahrain is looking to move the country’s economy away from oil, leveraging its financial hub credentials to attract fintech companies. In partnership with government ministries and other public sector agencies, the Economic Development Board (EDB) is pushing to develop a
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Iraq Underdeveloped Financial System Both A Challenge And An Opportunity For Fintech
With 11% of the population having a formal banking account, the lowest number of ATMs in the Middle East and Northern Africa (MENA), and a smartphone penetration of just 17%, the lowest in the region, Iraq is not what we
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9 Fintech Startups in Middle East to Watch in 2018
The fintech sector in the Middle East, despite being relatively small when compared with the likes of the US or Europe, has grown tremendously these past years with locations such as Abu Dhabi and Dubai in the United Arab Emirates
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