The popular fastest-growing science venture from Egypt, Nawah Scientific has announced its official launch in Jordan. Although this isn’t the first time Nawah is doing business in Jordan since their collaboration with Jordanian universities and scientists has been already established back in 2018 via Nawah’s hub in Cairo.
“With a...
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...
As the FinTech revolution has slowly been sweeping the Western world over the past decade and gaining a foothold in many aspects of commerce, the Middle East region has been slower to catch up but now in 2021 things are really set to change.
Whilst the West already had the...
FOODICS, a Saudia Arabia-based all-in-one restaurant management platform raised about a $20M Series B funding round at the start of the year. The funding round was led by Sanabil Investments and was also co-led by STV earlier this year. Other investors included Derayah, Endeavor Catalyst, and Elm in the...
District 2020:
The human-centric smart city that will emerge from Expo 2020 Dubai, has revealed a range of main collaborations that will help curate its industrial transformation and startup culture, coinciding with UAE Innovates 2021, the annual UAE Innovation week.
District 2020 is commemorating its contribution to promoting innovation in the...
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...
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...
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....
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...
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...
