Saudi Arabia reviews two new digital banking applicants
The central bank will decide based on the companies’ capital and the scale, nature, and complexity of the operations...
Tag : Middle East
UAE telco du deploys first live millimetre wave 5G site at Yas Island
The site will provide ultra-high mobile broadband speeds of up to 2.1Gbps using a 26GHz frequency...
CEO: No secondary listing of Aramco shares to take place for a year
An international listing will be discussed by Aramco, but not at this point of time...
Saudi Arabia issues new digital banking guidelines
The guidelines complement SAMA’s banking licensing guidelines and minimum criteria...
UAE-based telco Etisalat acquires German cybersecurity firm Help AG
Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats...
Samsung wins $952 mn contract to develop power plant in the UAE
Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah...
Emirates NBD Egypt is first in MENA to use switch technology for card payments
Mastercard World Switch Card will interlink both credit and debit accounts, allowing cardholders to switch to either for payments...
Low-cost carriers to boost the Middle East aviation market
Low-cost carriers are driving growth, with a record of 9.3 percent increase in seat capacity last year, according to Centre for Aviation...
Dubai to launch blockchain platform for instant bank account facility
In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...