According to PwC’s analysis unit, Strategy&, the GCC region is set to reap US$23.6 billion in economic impact from generative artificial intelligence (GenAI) by 2030. In what analysts called a “conservative top-down estimate”, Saudi Arabia will see US$12...

Investcorp, a global alternative investment firm, announced that it has co-sponsored the INJAZ Bahrain Finance Park Programme, supporting financial literacy and career development for Bahrain’s next generation. The INJAZ Bahrain Finance Park Programme p...

Zand, UAE’s first licensed, AI-powered digital bank, announced the launch of its Digital Asset Custody services. This innovative offering, approved by the Virtual Asset Regulatory Authority, positions Zand as the first UAE bank to provide institutional-grade d...

2024 marks the fourth consecutive year in which hackers stole more than US$1 billion worth of crypto assets. In recent weeks, Bitcoin, the world’s most valuable cryptocurrency, has once again been making headlines for the impressive bull run that saw it s...

After securing a US$20 million Series A funding round led by ICONIQ Growth, UnifyApps is set to help businesses in the UAE and KSA leverage AI to unify data and streamline workflows. In an interview with CEO, Pavitar Singh, we explore how UnifyApps is...

Paymentology, a leading global issuer processor, has signed a referral partnership with Zand Bank, a fully licensed, all-digital bank in the UAE. This collaboration focuses on expanding financial services for FinTechs and start-ups, aiming to...

As Mastercard continues to shape the future of payments, Amnah Ajmal, Executive Vice President of Market Development, Eastern Europe, Middle East and Africa at Mastercard, a key figure in the FinTech industry, shares her insights on the company’s...

For the second consecutive year, the Middle East is the fastest-growing real-time payments market globally, according to the 2024 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software,...

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the extension of its strategic partnership with Dubai Multi Commodities Centre, DMCC. After a year of successful collaboration, Bybit announcment includes its new role f...

Crypto.com has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary registered in the Kingdom of Bahrain under the commercial name “FORIS GFS BH B.S.C. CLOSED”, adding to the com...

Temenos has announced that Boubyan Bank, the second largest Islamic bank in Kuwait, has selected Temenos to modernise its core banking systems. The bank is migrating to Temenos’ core banking platform for Retail, Corporate Banking and Wealth Management to e...

CoinMENA, a crypto asset platform licensed by the Central Bank of Bahrain and sister company CoinMENA, licensed by the Dubai Virtual Asset Regulatory Authority, VARA, announced a strategic partnership with Bitpanda Technology Solutions, the digital assets...