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
Energy FeaturedUAE is first Mideast country to produce nuclear energyPritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 UAE officially starts power operation at the Barakah nuclear power plant... Read more
Featured TechnologyNational Bank of Fujairah and Ripple to facilitate cross border paymentsPritam BordoloiMarch 3, 2020 by Pritam BordoloiMarch 3, 2020 The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank... Read more
Featured LogisticsDubai’s logistics startup iMile secures $10 mn funding to expand in MEPritam BordoloiMarch 3, 2020March 3, 2020 by Pritam BordoloiMarch 3, 2020March 3, 2020 The round was led by an unnamed venture capital firm active in the Chinese logistics market... Read more
Featured HealthcareMubadala mulls investment in healthcare company NMC HealthPritam BordoloiMarch 2, 2020March 2, 2020 by Pritam BordoloiMarch 2, 2020March 2, 2020 Mubadala is reportedly considering buying a stake as well as acquiring a board seat in the healthcare company... Read more
Banking FeaturedSaudi Arabia reviews two new digital banking applicantsPritam BordoloiFebruary 28, 2020 by Pritam BordoloiFebruary 28, 2020 The central bank will decide based on the companies’ capital and the scale, nature, and complexity of the operations... 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 Oil & GasCEO: No secondary listing of Aramco shares to take place for a yearPritam BordoloiFebruary 26, 2020February 26, 2020 by Pritam BordoloiFebruary 26, 2020February 26, 2020 An international listing will be discussed by Aramco, but not at this point of time... Read more
Banking FeaturedSaudi Arabia issues new digital banking guidelinesPritam BordoloiFebruary 26, 2020 by Pritam BordoloiFebruary 26, 2020 The guidelines complement SAMA’s banking licensing guidelines and minimum criteria... Read more
Featured TechnologyUAE-based telco Etisalat acquires German cybersecurity firm Help AGPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats... Read more