Dubai’s Mashreq to launch new digital bank, CEO says more UAE bank mergers likely
Dubai bank Mashreq will be launching a new digital bank this year, its CEO Abdul Aziz Al Ghurair confirmed on…
FinTech
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Bahrain to launch national e-wallet by June
The Central Bank of Bahrain (CBB) has announced that it is working closely with BENEFIT to launch the first phase…
UAE SCF platform gets investment from ex-Citi CEO
Invoice Bazaar, a Dubai-based fintech start-up, has received an investment of an undisclosed amount from Shirish Apte, former CEO and…
Talks between Nigerian Bank and etisalat ends in deadlock
According to Reuters, two sources with knowledge of the matter between the Nigerian arm of Abu Dhabi’s Etisalat and its…
Dubai Commodities Clearing Corporation Launches ‘ActiveRisk’ Risk Management System
The Dubai Commodities Clearing Corporation has announced the launch of a state-of-the-art Risk Management System (RMS) called ActiveRisk. ActiveRisk,…
BankDhofar launches corporate and SME credit cards
BankDhofar launched its corporate credit card and the exclusive credit cards that are customised for small and medium-sized enterprises at…
CRMNEXT wins Prestigious Award
CRMNEXT, the largest provider of CRM in financial services globally, along with National Bank of Oman has won the 2017…
Dubai’s Largest Bank Will See Customer Cheques on a Blockchain This Year
UAE retail banking giant Emirates NBD will introduce blockchain technology into cheques to minimize fraud and strengthen their authenticity. …
RAKBANK Partners with C3 to launch a Prepaid Payroll Card
The partnership allows UAE-based companies to provide immediate salary transfers to their blue-collared workers on the C3 prepaid payroll card. …
Bank Nizwa boosts business planning and budgeting efficiency with SAP EPM solution
Nizwa Bank, based in Muscat, Oman, specialises in Islamic banking and uses SAP BPC to deliver fast, accurate planning, budgeting…
Egypt- 10 million customers in the region to use One Global's services by 2020
Mohamed Al-Rashidi, executive chairperson of One Global, said that 'the company currently has 70,000 customers in the local market. …
GCC desire for innovation together with robust financial regulation on the agenda for Jersey Finance event
GCC investors are increasingly looking at more sophisticated and diversified investments, leaving Jersey ideally placed as a jurisdiction of choice…