Al Hilal Bank is the first Islamic bank in the world to leverage Blockchain technology for the resale and settlement of an Islamic Sukuk.
FinTech poised to reshape future financial markets: study
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 calls on global experts to discuss blockchain innovations
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, Bahrain to foster fintech innovation
Abu Dhabi Global Market (ADGM) and Central Bank of Bahrain (CBB) have partnered to promote and facilitate innovation in financial services.
Dubai’s FinTech Hive expands global reach with key partnerships
Dubai International Financial Centre (DIFC) has signed a series of landmark agreements between FinTech Hive at DIFC and global Fintech accelerators.
Emirates NBD continues digital transformation with new Hortonworks partnership
Emirates NBD has signed a new strategic partnership with Hortonworks, the industry leader in connected data platforms.
RAKBANK to tie-up with three new fintech firms
UAE based RAKBANK says it is in the process of tying up with three new fintech firms, in an attempt …
Dubai residents can soon pay school fees, bills via blockchain payment platform
Dubai citizens and residents will soon be able to make digital payments for school fees, bills and retail purchases with a stable, digital currency after a partnership between blockchain payment providers and emcredit – Dubai’s Credit Bureau.
Middle East arm of Locus Chain Foundation creates token wallet
The MENA headquarters of Singapore-based next generation blockchain platform, Locus Chain Foundation (LCF), in Dubai has announced that it will create a token wallet on Bibox.
Middle East finance firms plan more fintech tie-ups in coming years: study
FinTech is increasingly impacting the financial services sector with 82 percent of financial services companies plan to increase fintech partnerships in the coming three to five years.