Introduction
The concept of blockchains was combined with other technologies to create modern cryptocurrency by Satoshi Nakamoto in 2008. This technology gained widespread awareness and acceptance with the launch of Bitcoin in the year 2009. Blockchains are the foundation of cryptocurrencies and a simplified payment verification process. It’s expected blockchain technology will mature...
It was very recently announced that the Central Bank of the UAE (CBUAE) has been working with SWIFT which is a worldwide supplier of secure transaction messaging systems. Their goal is to make additional upgrades to the speed and enhance the methods of cross-border transactions and that’s not all....
All across the Middle East and North Africa regions, there are small and medium sized enterprises which play a substantial role in economic growth. These types of businesses employee up to half of the workforce in the area, and are responsible for 70% of the total GDP.
Unfortunately, these businesses...
The US government has seized Iranian media outlet domains once more, this time targeting it's primary international news arm Press TV, it's Arab news arm Al-Alam and Al Masirah which is a Yemeni TV channel controlled by the Houthis in Yemen.
This is the second time in less than 12...
In the complex digital world of today, the world of Fintech is ripe for growth. However, one of the concerns about growth for clients, investors, and staff is how it can be long-lasting and sustainable.
The segment has grown dramatically with Fintech firms showing some of the very popular growth...
The DIFC aka the Dubai International Financial Center has welcomed Napier to lead UK fintech to its innovation hub. It was founded back in 2015 and since then, it has been developing a smart compliance platform for AML along with trade compliance using AI. Their aim is to fight...
The Detroit-and Dubai-based startup, DERQ has recently announced raising a $500k fund from Wadi Makkah Ventures as a feature of a pre-Series A round that incorporated a few other driving worldwide tech, investors and that’s not all. The venture, made in December 2020, brings the all-out reserves raised by...
Universities are vital institution of human development, with the MENA region investing heavily predominantly in technology, production and innovation. It’s interesting to view top institutes vital for the regions future development and self reliance. We have ranked the top 30 MENA universities in IT and engineering which are local...
Federal Bank has gone into an essential tie-up with Mashreq Bank to work with cash moves from the UAE to India by supporting the latter’s faster payment product QuickRemit. It was launched back in 2017 and has been fully functional ever since. Because of the association, Mashreq clients can...
16 of the top 100 companies in MENA (Middle East and North Africa) are led by extraordinary Women. Egypt had the majority closely followed by Saudi Arabia. Here are the 50 of the most Powerful Arab Women who are highly successful the business world in MENA primarily in the...
