Smart Dubai Office (SDO) has launched the ‘Payment Reconciliation and Settlement’ System, which was developed in collaboration with the Dubai Department of Finance as a blockchain-powered upgrade to its financial system.
Dubai-based bank teams up with PwC to foster digital innovation
Commercial Bank of Dubai, (CBD) and PwC Middle East have signed an agreement to foster innovation in the country.
Saudi telco rolls out fintech solution for the “unbanked” population
Saudi Telecom Company is reportedly launching its first-ever FinTech platform in the kingdom next month.
ADGM enlists UAE telcos to boost digital innovation in finance sector
ADGM, Etisalat and du have partnered deploy and showcase innovative solutions and integrated services to transform the digital offerings of information and communications technology and related services across Al Maryah Island.
Abu Dhabi regulator calls for stricter crypto trading policies
Abu Dhabi Global Market’s head of Financial Services Regulatory Authority called for stricter international regulations for cryptocurrency trading.
UAE telco to drive digital transformation with new deal
Emirates Integrated Telecommunications Company, du, has announced a new partnership with the Abu Dhabi Global Market, ADGM, the international financial …
Dubai-based firm launches Sharia-compliant digital currency
Dubai-based OneGram Group has listed a cryptocurrency it bills as sharia-compliant on the company’s virtual exchange and is planning additional listings in coming months, its chief executive said on Tuesday.
Abu Dhabi rolls out digital initiative to spur financial services
Abu Dhabi Global Market, ADGM, has announced an initiative to launch a FinTech digital sandbox.
Ripple effect: Saudi bank joins blockchain-powered payment network
Blockchain-powered global payment network Ripple has announced their partnership with Saudi Arabia’s National Commercial Bank (NCB), a banking firm worth $120 billion.
JadoPado founder pulls the plug on Middle East crypto exchange firm
Digital entrepreneur Omar Kassim, who sold e-commerce site JadoPado to competitor noon last year, has halted plans to create a new cryptocurrency exchange in the UAE.
AI technologies dominate boardroom agendas: Middle East executives
Artificial intelligence (AI) and Robotic Process Automation (RPA) are the most prominent technologies on their boardroom agenda, according to senior executives in the MENA region.
Saudi Arabia’s SABB joins global blockchain consortium
The Saudi British Bank (SABB) has joined enterprise software firm R3’s global blockchain ecosystem.
Dubai Startup inks “fintech voucher” deal with Samsung
VoucherSkout has announced a ‘first of its kind’ partnership with market-leading smartphone giant, Samsung.
UAE jump starts regulatory control of fintech
The UAE Securities and Commodities Authority (SCA) has issued a resolution approving the regulatory control of Fintech.