News

Dubai – United Arab Emirates – 17 October 2023: Fintech Surge 2023, the global gathering for the entire fintech ecosystem, continued this week at the iconic Dubai Harbour. Taking place until tomorrow …

SME Elevate highlights that 95% of all customer interactions will be powered by AI by 2025

During a meeting of the Executive Council of Dubai, we approved the launch of an AED370 million 'Venture Capital Fund for Startups' that aims to reinforce Dubai's status as a leading fintech innovatio …

Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, has launched the Amazon Fintech Lab in the DIFC Innovation Hub. The initiative is the latest in …

The venture capital fund will come into effect in June 2022 and will run for eight years, with a possible two-year extension. It is expected to provide more than 8,000 jobs for emerging talent. Sheikh …

According to the UAE Ministry of Economy, the country's fintech industry is worth $2.5 billion and leads the Middle East and North Africa market. It is also expected to grow 12 per cent annually up to …

By Ammar Kutait, CEO and Founder of W1TTY Fintech facts Of all the sectors attracting investor attention, fintech remains at the top of many watchlists. We only need to look at the numbers to see why …

UAE institutional investor, Emirates Development Bank (EDB) has granted peer-to-peer (P2P) lending platform Beehive, Dh30 million ($8.17 million) to expand its funding options for small and medium-siz …

A report commissioned by the World Travel & Tourism Council shows the Middle East will lead the business travel recovery with a 49 percent return to pre-Covid levels by 2022. Expo 2020 Dubai Already a …

KSA-based FinTech Lean Technologies has raised $33M in its latest funding round. The Series A round was led by renowned venture capital firm Sequoia Capital India, with participation from existing inv …