UAE digital bank Zand wins backing from Franklin, Aditya Birla

Digital banks have taken off with the spread of finance technology in Middle East

Fintech company Postpay collaborates with Commercial Bank of Dubai

The strategic partnership will support Postpay on several fronts, including transaction banking, debt funding and e-commerce solutions

Landmarks Of The City Of Riyadh, Kingdom Of Saudi Arabia

Sequoia picks Saudi fintech for first Gulf deal as foray expands

Sequoia is deepening its presence in the Middle East after recently backing companies from Turkey to Egypt

Bahrain’s Al Waha Fund of Funds invests in $50m fintech fund

The VentureSouq MENA FinTech Fund will support fintech companies in Bahrain and across the region

DCT Abu Dhabi signs MoU with fintech platform PayBy

The secure platform will be used across hospitality and tourism establishments

Dubai Multi Commodities Centre Authority

Dubai Multi Commodities Centre achieves record growth

More than 8,347 new companies joined DMCC between 2018 to 2021, with 2,485 companies joining DMCC last year

UAE’s new digital bank Zand set to launch ‘imminently’ after Dubai Bank acquisition

Dubai Bank, acquired from Emirates NBD, will be relaunched as Zand

UAE looks to attract Asian firms to bolster crypto sector

The UAE has intensified its push to adopt the use of blockchain in recent years

Binance planning to tie up with Dubai for crypto activities – report

Dubai is reportedly being regarded as an option for the company’s global headquarters

Saudi Aramco

Saudi Aramco’s Wa’ed invests SAR19m in fintech startup Lamaa

The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom

Hub71

Abu Dhabi’s Hub71 partners with Stripe on payment solutions for tech startups

It will allow these startups to accept payments online, payout funds, and manage their business growth

Saqr - Fintech surge and United Arab Bank

The disruption of financial industry with challenger banks

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

GITEX Global: What’s new in 2021?

The region’s largest IT exhibition has been defining the newest trends, and displaying product developments from across the world for over 40 years