Dubai-based Alcazar Capital and InQvest Partners, the investment arm of incubator Fintech Consortium, have jointly launched a $100 million (€87.2 million) global fintech fund.
Private investors in Bahrain hope to launch a $100 million fund dedicated to financial technology, according to a government official quoted by the India-based Economic Times.
Jordan’s Arab Bank is to launch a £30 million venture fund targeting financial technology firms, according to its chief operating officer.
Saudi Arabia's sovereign wealth investment vehicle, the Public Investment Fund (PIF), has invested $1 billion in electric car manufacturer Lucid Motors.
The Abu Dhabi Global Market (ADGM), the emirate's international financial centre, has underlined its financial technology ambitions with the launch of a digital sandbox.
Four new partners and a director have joined Deloitte’s Middle East risk advisory leadership team.
Dubai’s financial services watchdog has signed an agreement with its counterpart in Singapore to help grow their respective fintech markets.
A Saudi-based paper merchant, the Middle East Paper Company (Mepco) has become the first Saudi company to sign up to a technology platform designed to enhance corporate access to regional and institutional investors.
UAE-based ADAB Solutions has launched what it claims is the world’s first sharia-compliant cryptocurrency exchange.
A standing committee of Saudi Arabia’s leading regulator has issued a statement reiterating the ban on the use of cryptocurrencies such as Bitcoin.
In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...
Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.
Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.
Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.
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