Almost seven out of 10 payment transactions in the Middle East will be non-cash in 2023, as the region catches up with the global trend towards a cashless economy. SHIFT, a new report by the MENA Fintech Association, said the region has historically been inclined to cling to cash payments, and the banking sector has […]
Category: LATEST NEWS
Tradeling launches another fulfilment centre as part of its expansion strategy in the UAE
Tradeling, the Middle East and North Africa’s dominant eMarketplace focused on business-to-business (B2B) transactions announced today the launch of its second fulfilment centre in Dubai to meet market demand following the growth it witnessed in Q1 of this year. The new facility is also part of Tradeling’s larger growth strategy focused on strengthening its operations […]
BecureGlobal and Diginova signed MoU for sales partnership
Becure Global offers both the treatment efficiency and the process to have more fun with the software designed for physiotherapy treatments of all ages. While the software regularly records the progress of the treatment process, physiotherapeutic movements can also be performed via virtual reality games. Diginova aims to reach more clinics offering physiotherapy services with […]
IsDB Institute unveils new brand identity
The Islamic Development Bank Institute (IsDBI) has unveiled a new brand identity, following the expansion of the Institute’s mandate as the knowledge beacon of the IsDB Group. Previously known as the Islamic Research and Training Institute (IRTI), the Institute was restructured and renamed as IsDB Institute in 2021, after four decades of pioneering contributions to […]
Dubai Investments Sustainability Report 2021 highlights water use efficiency with 44% recycled and reused
Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market [DFM] has published its 2021 Sustainability Report highlighting water use efficiency with 44% recycled and reused, reiterating the Company’s proactive steps towards reducing water footprint. The other key highlights within the report included a 16% reduction in direct Greenhouse Gases (GHG) emissions […]
Standard Chartered Bank reports a record first quarter performance in the Africa, Middle East region
Standard Chartered PLC (the Group) today released its financial results for the first quarter, ending 31 March, 2022. The Group delivered a strong performance in the first quarter of 2022 in volatile and challenging market conditions, with underlying profit before tax increasing 5 per cent on a constant currency basis. Income grew 11 per cent […]
CBB issues new crowdfunding platform operators regulations
The Central Bank of Bahrain (“CBB”) has issued new regulations applicable to crowdfunding platform operators following a comprehensive review of the existing regulations, which were first issued in 2017. The new regulations contain rules regarding equity-based crowdfunding and financing-based crowdfunding and are covered under Crowdfunding Platform Operators Module (Module CFP). Module CFP can be found […]
Omar Sultan Al Olama: investing in talents and resources is vital to implement AI technologies
His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications stated that the importance of investing in talents and resources to implement Ai technologies in innovating solutions and systems aiding all fields to enhance UAE’s place and elevating it, to be one of the most advanced countries […]
Cloudflare Announces API Gateway; Increases Security for Billions of Devices and Systems with Robust Machine Learning Engine
Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced the Cloudflare API Gateway, providing businesses a simple, fast, and effective way to protect and control all of their APIs (application programming interfaces). Organizations are using APIs more than ever before, yet many of them struggle to secure […]
TIME Hotels Announces Middle East Expansion Plans Ahead of ATM 2022
The announcement, which comes ahead of the company’s participation at next month’s Arabian Travel Market, which takes place from 9-12 May at the Dubai World Trade Centre, will see an additional six properties added to TIME Hotel’s portfolio, with developments in Fujairah, Saudi Arabia, Sudan and three in Egypt being showcased at the Middle East’s […]