Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle East and North Africa to receive a Regulatory Sandbox License.
Technology a game-changer for Middle East M&A deals: experts
The fundamentals of merger and acquisition (M&A) deals in the GCC region have not been significantly affected by artificial intelligence (AI) and still rely on human cognition.
EastNets to boost cross-border payments in Kuwait
EastNets has announced its partnership with Kuwait’s Boubyan Bank to roll out SWIFT’s global payments innovation (gpi) service for its customers across the country.
Invest Easy links ePayment cards in Oman
Invest Easy portal launched the electronic link with the OmanNet ePayment Gateway for Omani bank cards supported by the Central Bank of Oman and electronic payment gateway Cyber Source for non-Omani bank credit cards, the Times of Oman reported.
Saudi Arabia sees “largest fintech acquisition” to date
Gulf Capital has reportedly acquired a strategic stake in Saudi Geidea, a provider of electronic payment solutions and financial technologies in the Kingdom of Saudi Arabia.
Oman bank joins global blockchain payment network
As part of its ongoing efforts to ensure convenient banking experience for its customers, BankDhofar has announced that it is the first bank in Oman to join Ripple’s global enterprise Blockchain network – RippleNet.