Featured TechnologySTC Bahrain and NEC join hands to launch virtual prepaid MastercardPritam BordoloiMay 21, 2020 by Pritam BordoloiMay 21, 2020 The new facility will allow users carry out transactions in a much faster, safer and efficient way... Read more
Banking FeaturedGulf central banks cut rates to tackle slowdown caused by Covid-19Pritam BordoloiMarch 17, 2020March 18, 2020 by Pritam BordoloiMarch 17, 2020March 18, 2020 The Fed recently slashed its interest rates to nearly zero... Read more
Currency FeaturedBahrain mulls issuing digital version of its currencyPritam BordoloiMarch 6, 2020 by Pritam BordoloiMarch 6, 2020 The Central Bank of Bahrain is conducting a study on the possibilities... Read more
Featured TelecomUAE telco du deploys first live millimetre wave 5G site at Yas IslandPritam BordoloiFebruary 27, 2020February 27, 2020 by Pritam BordoloiFebruary 27, 2020February 27, 2020 The site will provide ultra-high mobile broadband speeds of up to 2.1Gbps using a 26GHz frequency... Read more
Featured FintechBahrain’s GFH acquires 70% stake in Dubai fintech MarshalPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%... Read more
Featured TelecomUAE records 23.64 mn telecom subscribers in 2019Pritam BordoloiFebruary 10, 2020February 10, 2020 by Pritam BordoloiFebruary 10, 2020February 10, 2020 The number of mobile phone subscribers reached around 18,278,817... Read more
Featured FintechStanChart and Bahrain Fintech Bay to nurture fintechsPritam BordoloiJanuary 28, 2020 by Pritam BordoloiJanuary 28, 2020 The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs... Read more
Economy FeaturedOman to introduce 5% VAT in early-2021 to generate additional revenueInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members... Read more
TelecomSaudi Telecom Company launches new brand across Middle EastPritam BordoloiDecember 20, 2019 by Pritam BordoloiDecember 20, 2019 The brand has been launched in Saudi Arabia, Bahrain, and Kuwait... Read more
EconomyQatar’s budget for 2020 largest in five yearsPritam BordoloiDecember 17, 2019 by Pritam BordoloiDecember 17, 2019 The country plans to spend 1.9% more in 2020 than it did last year... Read more