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Fintech and AI dominate MENA startup funding - Arab News

Arab News ·

The content for this article was not provided, therefore a factual summary describing specific events, numbers, or entities related to fintech and AI dominating MENA startup funding cannot be generated. Without the article's body, it is impossible to extract the specific details regarding investment figures, key players, or emerging trends. Why it matters: The absence of content prevents an analysis of the significance of funding trends in these critical sectors for the regional economy and technological development.

The role of applied mathematics in finance

KAUST ·

KAUST's Stochastic Numerics Research Group is developing methods for pricing European options. Their approach, detailed in an upcoming Journal of Computational Finance article, focuses on systematically tuning parameters to achieve accuracy while minimizing computational effort. The goal is to enable automated computation of fair prices for options contracts, similar to how insurance companies determine premiums. Why it matters: This research advances computational finance in the region, potentially improving risk management and investment strategies.