The Middle East region is going through an exciting phase, with the UAE claiming 15th rank in the Euromonitor International’s Digital Consumer Index 2017 and highest among emerging markets, underlining the government’s commitment to transforming the society and the industries digitally and seamlessly for the future.
The current MENA fintech market is estimated at $2 billion and expected to witness an annual growth of $125 million until 2022, according to MENA Research Partners (MRP).
The Dubai International Financial Centre, DIFC, has announced developments in its FinTech ecosystem that further strengthen its position as Middle …
Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years.
Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding with Middle East Venture Partners (MEVP) to facilitate exchange of information on the latest trends in the finance industry, with a focus on the FinTech field.
Oman is expanding its initiatives focused on financial technologies with the upcoming launch of the Sultanate’s first comprehensive e-payment platform.
A consortium focused on improving cybersecurity of fintech companies has been created by the World Economic Forum.
Bahrain has officially launched its new fintech hub as it aims to become the Gulf region’s centre for financial technology.
Liv., the lifestyle digital bank by Emirates NBD, has announced two new features within its mobile app, allowing customers to instantly split bills with friends and family, and tag their expenses according to personalised categories.
The Securities and Exchange Commission (SEC) is cracking down on FinTech companies issuing initial coin offerings (ICOs), and has served …