Banks need to dedicate 10% of revenue to innovation, says fund manager
More bank mergers in the Gulf are likely as lenders realise that they have to dedicate increasing amounts of resources…
FinTech
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BBK enters new phase of innovation with Tailored service to preserve and sustain Wealth
BBK is writing the next chapter in its history of constant innovation with the launched of BBK Privé, a tailored…
DIFC FinTech Hive launches career mentorship programme, AccelerateHer
Participation from partner network 12 leading financial and insurance institutions DIFC FinTech Hive has announced the launched of AccelerateHer, a…
BankDhofar First in Oman to Introduce NCR’s Financial Kiosk
NCR Corporation has announced that BankDhofar, one of the fastest growing banks in the Sultanate, is the first financial institution…
99% of UAE execs say the speed of innovation has accelerated
Ninety-nine per cent of UAE executives believe that the pace of innovation in their organisations has accelerated over the past…
Banks use fintech to make up for lost time on financial inclusion
It fell to a mobile phone company more than a decade ago to financially empower tens of millions of Africans…
UAE’s Mubadala Creates Abu Dhabi Hub71 With Softbank And Microsoft For New Space, Other Tech Start-Ups
Abu Dhabi’s sovereign wealth fund Mubadala is set to create a start-up ecosystem in Abu Dhabi that will attract New…
British University in Dubai, Dubai Blockchain Center, University of Nicosia supporting knowledge transfer in blockchain technology
The British University in Dubai (BUiD) signed a Memorandum of Understanding (MoU) with the Dubai Blockchain Center and the University…
Temenos named one of the best workplaces in the UAE
Temenos has been recognized as one of the best places to work in the United Arab Emirates (UAE). Temenos has…
Gulf banking consolidation 'long overdue' – Investcorp's co-CEO
The wave of mergers and acquisitions in the financial services industry in the Gulf Cooperation Council has long been needed…
UAE's Al Hilal Bank plans digital transformation under new CEO
UAE-based Al Hilal Bank has set out a new road map to transform into a digital-focused retail bank, investing significantly…
Banking sector embraces digitalization towards financial inclusion and SME financing
Banque du Caire has embarked on a five-year transformation strategy that includes regional expansion, strengthening its digital platform and boosting…