Tag "MENA"


57% of MENA Startup Founders Expect to Exit (for US$100m) Within 5 Years

57% of startup founders in the Middle East and North Africa (MENA) region are confident they will exit their startup within the next five years, with 59% of them “certain” they will sell for a US$100 million valuation or higher,

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Upcoming Fintech and Digital Finance Events in MENA

Fintech is booming in the Middle East and North Africa (MENA) as regulators and government agencies in countries including the United Arab Emirates (UAE), Bahrain and Saudi Arabia are pushing for innovation in the financial services industry to improve financial

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Fintech In MENA: All You Need To Know

The startup economy in the Middle East and North African (MENA) region continues to grow this year. In the first six months of 2018, it registered a record number of transactions with 141 investments, a 12% increase over the corresponding period. One

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ADGM Issues Public Consult on Regulatory Framework for Online Financing Platforms

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, published a consultation paper setting out its proposed regulatory framework for operators of Private Financing Platforms (PFPs) in ADGM. This follows positive feedback received from the industry in

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First Technology Hardware Accelerator in the Middle East Region Launched in Bahrain

Brinc-Batelco IOT Hub was officially opened  in the presence of Ministers, Batelco Board members, Batelco senior executives, invited guests and Bahrain media houses. Batelco, the Kingdom of Bahrain’s digital solutions provider announced in 2017 that it had teamed up with

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Fintech, Digital Finance Grow in Kuwait as Banks Look to Modernize

The Middle East is often praised for being a fertile ground for fintech businesses to grow and flourish for a wide spectrum of reasons, including the large population of unbanked, the several startup accelerators available in the region, and supportive

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