Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Qatar National Bank has received Saudi approval to launch Ezbank, a fully digital lender with SAR2.5 billion in capital, in partnership with Ajlan & Bros Holding. The move expands QNB’s regional footprint while supporting Saudi Arabia’s fintech growth, bringing the number of licensed banks in the Kingdom to 39.
Qatar National Bank has adopted JPMorgan’s Kinexys blockchain platform for U.S. dollar corporate payments, enabling 24/7 settlement and cutting transfer times from days to minutes. The move strengthens regional adoption of on-chain banking infrastructure and supports programmable, transparent treasury operations.
Qatar’s Supreme Judiciary Council and QNB have launched a digital payment system for court fees, enabling diverse payment methods and supporting swift, accessible judicial processes aligned with Qatar’s 2030 vision.