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FinTech Boom Needs Strong Guidance to Navigate Regulatory Hurdles, Finds ACCA
September 29, 2016

Despite the fact that FinTech has been causing significant digital disruption to global finance for almost a decade, the sector is still in need of strong guidance against regulatory hurdles, says a new report from ACCA (the Association of Chartered Certified Accountants).

The report, FinTech – transforming finance, finds that while FinTech’s impact on finance and banking is proving to be as revolutionary to the sector as the internet has been for other areas of the economy, the rapid growth of such firms in the face of traditional regulatory models could increasingly become a barrier to success.

Lindsay Degouve de Nuncques, head of Middle East at ACCA, thinks that the rise of FinTech is good news for industry innovation and consumer choice;

‘While the scale of transformation is hard to predict, there is no doubt that the impact of FinTech across the traditional functions of finance has been significant. Major banking institutions are already responding through large-scale research and investment in the face of competition from start-up challengers."...

September 27, 2016

The International Energy Forum (15th IEF), scheduled on Tuesday and Wednesday, will put to the test the effectiveness of a producer-consumer dialogue in an oil market marked by upheavals since the last IEF held in 2014 in Moscow.


September 29, 2016

Shipments of smartphones in Africa fell 5.2% to 23.1 million units in the second quarter of 2016, according to the latest figures from International Data Corporation (IDC).

These figures, presented in IDC’s recently published ‘Worldwide Mobile Phone Tracker’, indicate that the boom in smartphone sales in Africa is slowing, despite the fact that overall mobile handset shipments were"...

September 29, 2016

BenQ, the global No.1 DLP projector brand, proudly announced today that its W8000 home theatre projector achieves prestigious THX® HD Display™ Certification, a professional guarantee of outstanding cinematic performance to rival the finest movie theatres. W8000 delivers precise Rec. 709 colour fidelity and stunning high contrast to accurately reproduce every detail of the original content filmmakers intended for audiences.


September 29, 2016

BERTIN, entity of CNIM Group, is launching InCellis, a new cell imager developed to provide high quality images and facilitate the scientists’"......

September 29, 2016

Nearly 100 national and foreign companies will participate in the 10th international professional industry fair "Algiers Industries 2016," which will take place at the Exhibition Centre in Algiers from 3 to 6 October, said Wednesday the organizers.

"Alger Industries 2016" will bring together exhibitors from many countries, including France, China, Turkey and Tunisia, said Batimatec Expo, the event's"...

September 29, 2016

The satellite Alcomsat1, devoted to telecommunications, will be launched before the end of June 2017, announced Wednesday, in Algiers, Director General of the Algerian Space Agency (ASAL) Azzedine Oussedik, underlining that it will allow strengthening the national sovereignty in the fields of telecommunications and broadcasting.

“The satellite Alcomsat1 will be launched before the end of June"...

September 29, 2016
A highly informal economy has inspired tech innovators to find tailored solutions, and investors are responding.

There is new hope for Egypt’s large unbanked population thanks to recently formed financial technology (fintech) accelerators and the launch of services to bring people into the banking sector. Among recent developments, savings app Feloosy is matching savers with banking partners (see"...