United Arab Emirates-based UAE Exchange and US startup Ripple plan to launch cross-border remittances to Asia via blockchain by the first quarter of 2019, UAE Exchange’s group CEO said in an interview with Reuters.
The UAE and Saudi Arabia have started using fintech for cross-border settlements, including a digital currency which they jointly developed for that purpose.
Finastra Universe – the anchor event for the Middle East’s financial services brought together global and regional experts to explore …
Over 250 developers and tech enthusiasts from the Google Developers Group (GDG) and coding communities in the UAE and MENA region took part in an exciting 18-hour Codeathon, organised by Emirates NBD.
FinTech Hive at DIFC has marked another milestone in its continued support for financial innovation with the completion of the 2018 edition of its accelerator programme, launched in collaboration with Accenture.
Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial technology products and services.
Al Hilal Bank is the first Islamic bank in the world to leverage Blockchain technology for the resale and settlement of an Islamic Sukuk.
Investments in Gulf-based fintech startups are expected to reach $ 2 billion in the next decade, compared to a mere $ 150 million invested in the last 10 years, according to a new study by MENA Research Partners (MRP), a leading research company in the region.
Bahrain FinTech Bay has announced the Labour Fund “Tamkeen” as a Strategic Partner for its global blockchain conference, BlockOn 2018 – Redefining Finance, taking place on 22nd November 2018.
Abu Dhabi Global Market (ADGM) and Central Bank of Bahrain (CBB) have partnered to promote and facilitate innovation in financial services.