digital economy
Advancing Kingdom’s fintech landscape, stc Bahrain has become the first telecom operator in the Kingdom to accept cryptocurrencies. The company has partnered with Eazy Financial Services, a leading Bahraini Payment Services provider specializing in POS and online payment gateway, which will allow stc customers wherein customers can pay with cryptocurrencies using their Binance wallet. With […]
Mastercard has partnered with Credit Libanais to enable the acceptance of inbound cross-border payments through direct bank deposits. The collaboration is a first in the country as it modernizes remittances and allows account holders to receive funds swiftly and securely. Through this partnership, Mastercard’s technology will enable Credit Libanais to deliver a better experience for […]
Saudi Arabia is on the cusp of an artificial intelligence (AI) revolution. AI is at the core of the Kingdom’s massive economic transformation programs, including ambitious futuristic infrastructure projects. Organizations across both the public and private sectors are increasingly embracing AI, with International Data Corporation (IDC) expecting adoption of the technology to grow massively over […]
Ooredoo recently participated in The Arabian Stories (TAS) Conclave, a forum bringing together visionaries shaping the future of Oman, while focusing on the economic, strategic and geopolitical outlook of the nation. Ooredoo took part to elaborate on the company’s digital transformation strategy, which continues to benefit many businesses and sectors. Within this context, it also […]
The Central Bank of the Republic of Türkiye (CBRT) launches the Open Banking services in the payments area, which is considered an essential component of the digital economy roadmap of the Liraization Strategy. As of today, participating banks start providing services through the ‘Open Banking Gateway’ (GEÇİT) infrastructure, developed by the Interbank Card Center (ICC), […]
Microsoft and LinkedIn announced the next step in the Skills for Jobs program, providing free access to 350 courses and six new Career Essentials Certificates for six of the most in-demand jobs in the digital economy. Microsoft and LinkedIn will also be offering 50,000 LinkedIn Learning scholarships to help people get ahead in their skilling […]
Jingle Pay, a UAE-based financial super-app providing money services, has announced a strategic partnership with Mastercard to provide innovative digital payment solutions that will drive financial inclusion. Jingle Pay users can now access the power and scale of the Mastercard network, which includes over 90 million merchants across the globe. Through this partnership, Jingle Pay […]
Snap Inc. in partnership with the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Application Office launched a new AR lens to raise awareness around the Ghaf tree, the UAE’s national tree, by supporting Goumbook’s ‘Give a Ghaf’ tree planting program. The initiative launched on the occasion of UAE’s 51st National Day, represents a […]
The launch of the Middle East, Africa & Asia Crypto & Blockchain Association (MEAACBA) is being seen as a pivotal step forward in the development of accessible, transparent, and compliant crypto-blockchain ecosystems. The Association is a not-for-profit member driven organisation which has cross-industry representation with a focus on education, coordination, and innovation for participants across […]
Wio Bank, the first platform bank regulated by the Central Bank of the United Arab Emirates (UAE), has announced its successful go live on Mambu. Mambu’s cloud-native banking platform enables Wio Bank to achieve a faster time to market as it helps establish the UAE as a hub for the growing digital economy. Wio Bank […]