It will soon issue Careem cards that can be used at ATMs and merchants, and will also introduce international remittance solutions
The Series C funding was led by Prosus and Sanabil Investments, with participation by Sequoia Capital India and existing investors
The company estimates that around 20 million people across Egypt could benefit from early wage access
The project will entail developing a analytics model that will collect historical market data on Dubai’s residential market dating back over 10 years
The two companies will coordinate and collaborate on finding, backing and mentoring founders as they launch and grow their ethically-focused startups
The simplified fee structure aims to help customers feel more comfortable and confident placing their first trade in the crypto world
With a growing startup ecosystem and tech-driven individuals, the Middle East region is on the verge of becoming a global fintech leader, says Jeetu Kataria, co-founder and CEO at DIFX
Fintech companies are uniquely positioned to fill the gap and help SMEs get access to flexible injections of liquidity
KPMG’s latest Pulse of Fintech report shows investment in fintech companies in Europe, Middle East and Africa touched $77.4bn across 1,859 deals in 2021
Bahrain is the first GCC country to issue regulatory approvals to the blockchain and cryptocurrency infrastructure provider
Our forward-thinking approach and business platforms are on the verge of disrupting the status quo for entrepreneurs, says Mohammed Al-Rashidi, executive chairman, One Global
With the signing of this partnership agreement, both the companies aim to play a key role in supporting the growth of the fintech ecosystem in the region
Tarabut Gateway’s 2022 MENA Open Banking Spotlight explores how regulation, implementation and adoption are enabling a new era of financial services across the region
Digital banks have taken off with the spread of finance technology in Middle East
The strategic partnership will support Postpay on several fronts, including transaction banking, debt funding and e-commerce solutions
Sequoia is deepening its presence in the Middle East after recently backing companies from Turkey to Egypt
The VentureSouq MENA FinTech Fund will support fintech companies in Bahrain and across the region
The secure platform will be used across hospitality and tourism establishments
More than 8,347 new companies joined DMCC between 2018 to 2021, with 2,485 companies joining DMCC last year
Dubai Bank, acquired from Emirates NBD, will be relaunched as Zand
The UAE has intensified its push to adopt the use of blockchain in recent years
Dubai is reportedly being regarded as an option for the company’s global headquarters
The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom
It will allow these startups to accept payments online, payout funds, and manage their business growth
In an interview with Gulf Business, Saqr Ereiqat, co-founder and managing partner of Riddermark and Ahmad Abu Eideh, CEO of United Arab Bank, share their insights from the industry
The region’s largest IT exhibition has been defining the newest trends, and displaying product developments from across the world for over 40 years