Mastercard has collaborated with the national payment system of the Kingdom, mada, on the rollout of Apple Pay in the country.
Education, Government
Preparing young Emiratis in AI is vital for UAE’s future, says minister
Omar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.0 3521
Apple Pay goes live in Saudi Arabia
Visa cardholders in Saudi Arabia can now make easy, quick and secure purchases using their iPhone and Apple Watch in stores that accept contactless payments.
Apple co-founder to discuss FinTech revolution in Bahrain
Global tech innovator and Apple Computers co-founder Steve Wozniak will share his thoughts and predictions on the current and future state of the global financial technology industry at the upcoming Fintastic Bahrain Week.
UAE’s Mall of the Emirates rolls out WeChat Pay
UAE’s Mall of the Emirates has reportedly announced that its retailers are now accepting purchases via WeChat Pay, making it easy and convenient for Chinese visitors to make cashless transactions at the mall.
Hidden devices used in series of cyber-robberies
Kaspersky Lab has released details of a cyber-robberies that targeted banks and other financial organisations in Eastern Europe in 2017 and 2018.
Robo-advisory firm first to graduate from Dubai’s regulatory sandbox
Robo-advisory firm, Sarwa, has become the first participant to graduate from Dubai Financial Services Authority’s regulatory sandbox following nearly 12 months of testing.
UAE residents trust tech companies more than banks: study
A majority of UAE residents are willing to get banking services from an established technology company, according to a recent study.
Saudi Arabia’s ICD eyes blockchain tech for Islamic banks
The Islamic Corporation for the Development of the Private Sector (ICD) plans to introduce a blockchain-based product to help Islamic banks manage their liquidity needs.
New online initiative to enable UAE finance professionals
The Emirates Institute for Banking and Financial Studies (EIBFS) has launched a new online research portal that will enable access to the latest industry and economic reports and whitepapers, scholarly articles and surveys.
Abu Dhabi-based bank conducts world’s first blockchain sukuk transaction
Al Hilal Bank is the first Islamic bank in the world to leverage Blockchain technology for the resale and settlement of an Islamic Sukuk.