Noventiq Completes Seven Seas Technology Acquisition
Noventiq, a global provider of digital transformation and cybersecurity solutions and services, closed the deals to acquire UAE-based Seven Seas Technology (SST).
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Hala Acquires Paymennt.com
Saudi fintech company Hala announced the purchase of a payment startup from the UAE Paymennt.com.
Abu Dhabi Launches $2 Billion Program for Web3 and Blockchain Development
The Hub71+ Digital Assets will be an ecosystem promoting the success of blockchain and Web3 startups.
Emirates Islamic Partners with Plug and Play Abu Dhabi for Fintech Accelerator
Dubai-based bank Emirates Islamic has launched a global fintech accelerator campaign in collaboration with Plug and Play Abu Dhabi
UAE Central Bank Launches Digital Finance Initiatives
The Central Bank of the UAE launched Financial Infrastructure Transformation Programme which includes nine key digital finance initiatives to make UAE financial and digital payment hub
Dubai Releases Crypto Regulations for Virtual Asset Services Providers
Dubai mandates licensing for crypto services providers with new regulatory requirements by the VARA.
Saudi Arabia Central Bank Launches CBDC Experiment
Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.
UAE Backs Crypto Adoption With Trading Potential
The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.
First UAE Fintech to Launch India UPI Payment Integration
Last week, India decided to open its Unified Payments Interface (UPI) payment gateway for NRIS (non-resident Indians).
FlexxPay Partners ADCB to Offer Payroll Services in UAE
This new alliance gives UAE companies an opportunity to provide their unbanked employees with complete digital bank accounts using the FlexxPay app with access to ADCB payroll services
Abu Dhabi Islamic Bank Release Contactless Payment Devices
The Islamic Bank of Abu Dhabi launched the release of devices for contactless payments.
Emirates NBD will run the Metaverse startup accelerator
Emirates NBD is looking for leading FinTech start-ups with digital experience and emerging technology players operating across the metaverse
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