Saudi Arabia’s Ministry of Finance has successfully launched its new digital portal Etimad, to streamline services for the public and private sector.
Dubai DED, Emirates Islamic Bank boost support for e-Traders
Dubai DED’s Business Registration & Licensing (BRL) sector has signed an agreement with Emirates Islamic to support holders of the e-Trader licences.
UAE payments firm unveils e-commerce platform for small businesses
Network International, has announced the launch of ‘Go-Online’, an e-commerce platform, powered by Shopmatic, targeted at local small, medium and start-up businesses.
UAE to lead the world in VAT innovation, says software experts
The introduction of Value Added Tax (VAT) this year, UAE is all set to incorporate innovation across VAT legislations to be able to lead as a global VAT player.
Fast track growth: Visa mentors Dubai tech startups
Visa and Startupbootcamp have hosted “FastTrack”, a mentoring session for startups participating in the Dubai Smart City Accelerator, which is hosted in Dubai Technology Entrepreneur Centre (dtec).
New mobile-based payment app launches in Saudi Arabia
Visa has partnered with mada to bring mada Pay, the first mobile payment solution that supports contactless (NFC) transactions in Saudi Arabia.
GCC trio in talks to drive regional fintech industry
Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing of fintech startups in the region.
Saudi Arabia issues first-ever fintech licences in the Kingdom
The move, according to the report, is part of a drive to develop a fintech sector in the Arab world’s biggest economy under reforms designed to reduce reliance on oil.
Accelerating creative minds: FinTech Hive receives huge response this year
FinTech Hive has received an overwhelming response of over 300 applications that were created from all around the world – triple the number of applications received in 2017.
Dubai’s ArabianChain to create smart contracts for sukuk products
Dubai-based blockchain startup ArabianChain Technology has signed a joint venture with Dubai-and-London-based innovation firm Curiositas to create Wethaq.
Dubai forum to spotlight the future of banking
The forum will also examine why sustainable finance is the future, and shed light on the region’s strong affinity towards sustainable banking.
Dubai ideally positioned to serve as ‘beating heart’ of regional FinTech hub
The report, titled “The Case for an Innovation Hub to Facilitate MEASA Financial Inclusion”, reveals how Dubai is strategically positioned to facilitate development of digitally enabled financial solutions for the region.
Dubai promotes fintech innovation with new partnership
DIFC has signed a Memorandum of Understanding (MoU) with Finance Innovation, France’s official innovation cluster for the financial industry.
Bitcoin hits new year-low as many tokens hit zero
Bitcoin declined 4.2 percent to $5,791 on Friday, the lowest level since November, according to Bloomberg composite prices. The cryptocurrency …