Fintech News UAE

#Russian companies have begun using #bitcoin and other #digitalcurrencies in international #payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday. Read more: https://lnkd.in/dacr2y-T #Bitcoin #Russia #FinanceMinister #Digitalcurrency #InternationalPayments #Trade #FintechNewsUAE

Wa'ed Ventures, the $500 million venture capital arm of aramco, has announced its #leadership in a $5 million #funding round for Ynmo | ينمو, a Saudi-based company transforming educational and rehabilitative technology for #children, including those with #disabilities. The funding round also saw participation from Qatar Development Bank (QDB) and Nour Nouf Ventures, an impact-driven #investment fund. Read more: https://lnkd.in/dQKQeZ4J Wa'ed Ventures, Qatar Development Bank, Nour Nouf Ventures, Fahad Alnemary فهد النمري, Abdullah Murad, PhD, Faisal Alnemary, PhD, BCBA, FMVA®, Anas Algahtani, Mohammed Al-Emadi, Aroub Dahlawi #FintechNewsUAE #WaedVentures #QDB #NourNoufVentures #Funding #Investment #Edtech #SaudiEdtech #Ynmo #VCs #CapitalInvestment #StartupFunding #SaudiArabia #KSA #MiddleEast #UAEFintechNews

🌟 Exciting Announcement! 🌟 Fintech News UAE is thrilled to collaborate with The Card & Payments Awards Middle East as a "media partner" for the inaugural Card and Payment Awards Middle East 2025! 💡 Calling all #fintech and #payment providers in Middle East! This is your chance to showcase #innovation, celebrate excellence, and shine a spotlight on your achievements in the #paytech and #payments industry across the #MiddleEast. ✅ Entries are now open and will close on 22nd January 2025—don’t miss out! ✨Need tips to craft a winning entry? Check out this helpful guide from our esteemed judges and follow the link to apply: https://lnkd.in/eDb3ha29 Let’s come together to honor the best in the industry. Mark your calendars, spread the word, and let’s celebrate the future of payments! The Card & Payments Awards Middle East, Dana Khalil #FintechNewsUAE #Fintech #Payments #Innovation #MiddleEast #Awards2025 #Excellence #UAE #UAEFintechNews #TheCardandPaymentsAwards2025MiddleEast

The Saudi Central Bank – SAMA has announced the #licensing of Majd Saudi Payments to provide #payment services via electronic wallets. This addition raises the total number of licensed payment service providers in the Kingdom to 26 companies. Read more: https://lnkd.in/d7EJvDNm Majd Saudi Payments , Bandar A. #FintechNewsSaudiArabia #MajdSaudiPayments #SAMA #License #EWalletPayments #digitalPayments #PaymentServices #SaudiArabia #KSA #MiddleEast #Fintech #SaudiArabiaFintechNews

Bybit, the world’s second-largest #cryptocurrency exchange by trading volume, made a significant impact at Bitcoin MENA 2024, held on December 9-10 at the Abu Dhabi National Exhibition Centre (ADNEC). Read more: https://lnkd.in/dr5JMcWz Bybit, Ben Zhou, Austin E. Alexander #FintechNewsUAE #Bybit #BitcoinMENA2024 #AbuDhabi #ADNEC #Fintech #MENA #Cryptocurrency #Bitcoin #Tokenization #Web3 #Blockchain #DeFi #DigitalAssets #UAE #UAEFintechNews

Registration is open to take part in the fourth edition of the Deloitte Middle East Technology Fast 50 program. Technology companies across the #MiddleEast and #Cyprus are invited to submit their form for the Deloitte program, designed to recognize the fastest-growing technology companies. Window for registration expected to close by 31st December 2024. For further details, criteria and the application form, please visit: https://lnkd.in/dSNHB_Yq Read more: https://lnkd.in/dTaz7VpC Deloitte, Scott Whalan #FintechNewsUAE #Deloitte #TechnologyFast50Program #TechCompanies #MiddleEast #Cyprus #Startups #Fintech #Tech #Innovation #UAEFintechNews

In a landmark announcement at Abu Dhabi Finance Week (ADFW), Siraj Finance and ASSNTURE have signed a strategic collaboration agreement to explore innovative solutions in asset #tokenization and #digitalassets. The #partnership underscores a shared vision of leveraging #blockchain technology to transform financial services and enhance accessibility to high-value assets. Read more: https://lnkd.in/dMCgq_QR Siraj Finance, ASSNTURE, Mohamed Rusan Fyroze, Ihsan Khelef #FintechNewsUAE #SirajFinance #ASSNTURE #Partnership #AssetTokenization #Tokenization #Blockchain #Crypto #DigitalAssets #Fintech #AbuDhabi #ADFW #UAEFintechNews

Kuwait-based Weyay Bank announces the launch of the “AFAQ” service, which is a qualitative leap in the field of bank transfers between the Gulf Cooperation Council countries. “AFAQ”, by linking the payment systems of the Gulf countries, enables financial transfers in the local currencies of these countries to be made faster and at lower cost compared to the traditional methods usually used in transfers. Read more: https://lnkd.in/d7eU6xks Weyay Bank, Amal Al-Duwaisan #FintechNewsUAE #WeyayBank #AFAQ #DigitalPayments #GCC #FundTransfer #Remittances #CrossborderPayments #Kuwait #UAEFintechNews

Magnati, a leading payments solutions provider in the #MiddleEast region, has signed an agreement with Arabian Automobiles Co. LLC (AAC), the flagship company of the AW Rostamani Group and the exclusive dealer for Nissan, INFINITI, and Renault in Dubai, Sharjah, and the Northern Emirates. Read more: https://lnkd.in/dy-WfBPv Magnati, Arabian Automobiles Co. LLC, Salim Awan, HUSSAM BAGHDADI #FintechNewsUAE #Magnati #AAC #Partnership #PaymentSolution #DigitalPayments #Aani #PaymentInnovation #UAE #MiddleEast #Fintech #UAEFintech

Emirates NBD Egypt has signed a significant financing agreement with Arabian Construction Co. (ACC), one of the leading #construction firms in the #MiddleEast, by granting EGP 2.5 billion in credit facilities. This strategic #partnership aims to bolster #ACC’s ongoing and future projects in #Egypt and the #GCC region, reinforcing the shared commitment of both entities to drive economic growth and contribute to pivotal sectors that align with Egypt's Vision 2030. Read more: https://lnkd.in/dgn8VcBq Emirates NBD Egypt, Arabian Construction Co. #FintechNewsUAE #EmiratesNBDEgypt #ACC #Egypt #Construction #Realestate #MiddleEast #MENA #UAEFintechNews #Investing #CreditFacility