eProseed migrates Al Rajhi Bank's DB systems to Oracle Exadata
In January 2016, Al Rajhi Bank, one of the largest financial institutions in Saudi Arabia and the Middle East, made…
FinTech
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Dubai leads Arab start-ups
Two recent successes dominate the Middle East’s start-up landscape and are instructive about important trends in the sector. In February…
RAKBANK launches enhanced digital banking platform called RAKBANK beyond
The Bank’s digital transformation, RAKBANK Beyond, is designed to provide end users with features such as heightened security, maximum convenience,…
Dubai leads Middle East in start-ups, local rivals rush to follow
Two recent successes dominate the Middle East’s start-up landscape and are instructive about important trends in the sector. In…
ADNIC live with Profile Software’s IMSplus for investment ops
Abu Dhabi National Insurance Company has implemented Profile Software’s IMSplus Insurance Investment Management solution. ADNIC uses IMSplus to monitor…
Amazon set to fully acquire UAE's Souq.com at $1 bn valuation
Online shopping giant Amazon, after initial hesitation, has finally agreed to carry out a complete acquisition of UAE-based ecommerce site…
Egyptian Banks Company extends ACI Worldwide partnership
The Egyptian Banks Company has extended its relationship with payments vendor ACI Worldwide, adopting its retail payments offering, UP BASE24-eps.…
First Robot Cop to join Dubai Police Force in May
The first robot cop is expected to join Dubai’s police force in May. Officials in Dubai unveiled plans to…
Mashraq uses beacon technology to make financial life easier
In its latest fintech launch, the UAE’s Mashraq bank is deploying beacon technology to ensure its customers get the loyalty…
ADIB launches new class of branch, combining best of digital banking with personalised service
The first branch, located in Dubai’s The Ranches Souk – Arabian Ranches II, was officially opened by Khamis Buharoon, Vice…
Qatar banks ‘need to embrace digital transformation to drive cost-savings, efficiency’
Banks in Qatar need to consider digital transformation to ensure future growth, as the industry continues to feel the impact…
Digital commerce makes up less than 1% of GDP in Middle East
Digital channels are increasingly being used by consumers in the Middle East, but because of business reluctance, digital commerce accounts…