by Alifiya H Ujjainwala | October 18, 2024 | Banking, Industry, News, Technology
Mashreq, a leading financial services institution in the MENA region, is migrating critical databases to Exadata Database Service on Exadata Cloud@Customer as part of an expansion of its global collaboration with Oracle. A shift to a cloud database environment will...
by Jibran Munaf | October 15, 2024 | Banking
Saudi Arabia’s bank credit to both public and private sectors reached a historic high of over SR2.8 trillion ($746 billion) by the end of August 2024, marking a significant milestone for the Kingdom’s financial sector. According to the Saudi Central Bank’s...
by Jibran Munaf | October 15, 2024 | Banking
Mashreq Bank, in collaboration with Visa, has unveiled an exciting new campaign featuring Visa’s global brand ambassador and football superstar, Mohamed Salah. This initiative, aimed at both new and existing Mashreq Visa cardholders in the UAE, offers football fans an...
by Jennifer George | October 14, 2024 | Cryptocurrencies, Currencies, Industry, News, Retail Banking, Technology
In an exclusive interview on the sidelines of GITEX 2024, Jakub Zurawinski, Head of Business Development at MatterFi, shares insights into the critical challenges in blockchain security, focusing on the company’s innovative approach to addressing security, privacy,...
by Jennifer George | October 14, 2024 | Central Banks, Cryptocurrencies, Currencies, Economy, News
On October 14, AED Stablecoin LLC secured in-principle approval from the Central Bank of the UAE to launch and establish its stable digital currency, AE Coin. Under the “Payment Token Services Regulation” (Circular No. 2/2024), issued on June 7, 2024, the Central Bank...
by Jennifer George | October 13, 2024 | Coverage, Cryptocurrencies, Currencies, Economy, Financial Services, Fintech, Gitex 2024, Industry, News, Startups, Technology
GITEX GLOBAL, the world’s largest tech and startup event, takes center stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem. Held at Dubai World Trade Centre (DWTC) from 14-18 October, the...
