Predicted trends for the Middle East financial services sector in 2022
The trends expected this year, according to Oliver Wyman, include: Digital Payments, Cryptos and CBDCs We see massive…
FinTech
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Saxo Bank launches new Money Matters campaign across the GCC
Saxo Bank has launched Money Matters, a new online campaign in the GCC market that will showcase the potential of…
Accenture to develop UAE National Instant Payment Platform
Accenture has been selected by the Central Bank of the UAE (CBUAE) to lead a consortium of companies to help…
Kuwait Credit Bank weighs issue of $3.30bln of bonds amid liquidity crunch
Kuwait Credit Bank, a state-owned lender that provides interest-free home loans, is in talks with banks and Oliver Wyman about…
National Bank of Fujairah launches new account for SMEs, startups
National Bank of Fujairah (NBF) has announced the launch of the NBF Lite Bank Account for startups and small-and-medium-enterprises (SMEs)…
Doha Bank signs MoU with Karty to empower financial entrepreneurship, innovation in Qatar
Doha Bank has signed a memorandum of understanding (MoU) with Doha-based fintech startup Karty, in a strategic partnership aimed at…
Blockchain and Cryptocurrency Is 'Here to Stay and Impossible to Regulate at Large' — CEO of a United Arab Emirates Based Bank
According to the chief executive officer (CEO) of the United Arab Emirates-based financial institution, Bank of Sharjah, blockchain and cryptocurrencies…
KSA speeding up digital transformation says survey
Nearly all (92%) of Saudi Arabia’s government IT decision-makers agree that the Covid-19 pandemic has accelerated their digital transformation over…
IFID 2022 focusing on "How fintech innovation is transforming the investment industry"
The Annual Islamic Finance Innovation Day (IFID) Forum has announced that its third edition is set to take place in…
Dubai's ICICB Group preps Brazilian digital bank
The Group has a long track record of generating revolutionary new businesses and propositions with rigorous discipline and pace, spanning…
Fawry tops the acceptance segment through its comprehensive "Fawry Accept" solutions bundle
Fawry for Banking and Electronic Payment Technology led the digital payments scene in Egypt through a series of substantial successes…
Al-Rushood: digital transformation is at the heart of the Kuwaiti banking sector
"Despite adverse consequences of the Covid-19 pandemic, we learned many lessons about the importance of adapting to change, coping with…