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.
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.
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-based blockchain startup ArabianChain Technology has signed a joint venture with Dubai-and-London-based innovation firm Curiositas to create Wethaq.
The forum will also examine why sustainable finance is the future, and shed light on the region’s strong affinity towards sustainable banking.
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.
DIFC has signed a Memorandum of Understanding (MoU) with Finance Innovation, France’s official innovation cluster for the financial industry.
Bitcoin declined 4.2 percent to $5,791 on Friday, the lowest level since November, according to Bloomberg composite prices. The cryptocurrency …
Emirates Institute of Banking and Financial Studies (EIBFS) in association with leading UAE banks and insurance companies, has launched the …
Facebook’s on Wednesday has reversed its controversial ban on cryptocurrency ads and will now allow some preapproved advertisers to promote crypto businesses and services, like exchanges.
The Business Regustration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, has signed two separate agreements …
Banking and finance security innovations in the UAE is set to drive the GCC’s cybersecurity market to $8 billion in 2018 as organisations optimise emerging technologies such as facial recognition. iris scans and crypto currency.
The State Audit Institution (SAI) has organised a workshop on modern auditing in the technological age, WAM reported.
Abu Dhabi Global Market’s new framework will regulate crypto asset activities, including those undertaken by exchanges and other intermediaries in the finance hub.