Fintech

Elon Musk sells $5billion of Tesla shares after Twitter poll

Tesla chief executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings, just…

Abu Dhabi school receives Dh1 million donation to promote students’ tech and critical thinking skills

The American Community School of Abu Dhabi (ACS) has received a generous private-sector donation of…

Ex-Google exec said to raise at least $1bn for Middle East tech fund

STV, a venture capital firm started by ex-Google executive Abdulrahman Tarabzouni, is looking to raise at…

Bahrain’s Investcorp sees India’s digital economy unlocking $1trn valuation by 2025

Investcorp, the Bahrain-based global alternative investment major, has predicted India to be the world’s fastest-growing…

The Middle East, Africa edtech market to reach $7bln by 2027

The Middle East and Africa’s education technology (edtech) market is expected to reach 26 billion…

More than 96% of UAE corporate clients use digital payments

The Corporate and Institutional Banking division of Emirates NBD has reported an increased preference for…

STV eyes $1 billion for second Middle East tech fund

STV, the venture capital arm of Saudi Telecom founded by ex-Google executive Abdulrahman Tarabzouni, is looking…

UAE banks need to focus on ‘smart transformation’

Financial Institutions that are setting a course of recovery from the Covid-19 pandemic will need…

Forget credit and debit cards – you can now make payments with your face

VisionLabs, a Netherlands-based biometrics technology company, unveiled a payment device that allows consumers to pay…

Governments and central banks have a crucial role to play in digital finance innovations

Digital finance innovations, such as cryptocurrencies and central bank-backed digital currencies, can boost financial inclusion…