Liv., the lifestyle digital bank by Emirates NBD aimed at millennials has announced that they are working with Al Etihad Credit Bureau (AECB) to provide customers easy and instant access to their AECB Credit Score.
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 2906
Abu Dhabi Islamic Bank accelerates digital drive with new appointment
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has appointed Serhat Yildirim as its new Chief Digital Officer.
Bank of Sohar backs programme for blockchain training
Bank Sohar has announced its support for the upcoming Blockchain Training Programme – Intermediate level workshop, organised by the Oman Blockchain Club, the Times of Oman reported.
UAE transfers AED 1 billion wages via e-system
Around AED 1 billion ($272.2 million) worth of wages was transferred through the UAE Wages Protection System (WPS) during the period from 2013 through 2017, according to the recent figures by the Central Bank.
Blockchain technologies to shake up Dubai’s property market
Blockchain technology can transform the Dubai real estate market and the wider economy by bringing in a new level of transparency to attract global players, said international investment and advisory specialists Cryptech.
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.
Saudi Arabia Ministry of Finance, SAMA activate electronic transactions
The Ministry of Finance and the Saudi Arabian Monetary Agency (SAMA) signed an agreement to activate e-transactions between them.
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.
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.