Mideast online retailer Souq.com raises $275 million from investors: Reuters
Middle Eastern online retailer Souq.com has raised $275 million from a funding round with investors to support its future growth,…
FinTech
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Gartner Says Middle East IT Spending to Reach $212.9 Billion in 2016
Middle East (ME) IT spending is projected to reach $212.9 billion in 2016 a 3.7 percent increase from 2015,according to…
How technology is impacting financial advice
Increased mobile usage in the Middle East, coupled with the rise of the millennial generation, has paved the way for…
Dubai FDI supports regional expansion strategy
Through its representative office in Dubai, Praemium aims to expand its client base in the region and promote its product…
Israeli investment firm turns unwanted start-up options into gold
In the start-up world, companies attempt to recruit top talent by offering a plethora of benefits in lieu of the…
Standard Chartered Private Equity announces a US$ 50 million equity investment in Souq.com
Standard Chartered Private Equity has made a $50 million equity investment, as part of a $275 million consortium, for a…
MidEast banks face profits crunch amid lag on digital services
The Middle East's banking sector risks seeing profits slump over the next five years if it continues to lag behind…
Emirates NBD launches global challenge for fintech startups
Middle East banking powerhouse Emirates NBD is inviting fintech startups from around the world to take part in a competition…
Charles River Wins 2nd Consecutive "Best Portfolio Management Software Provider" at MENA FM Fund Services Awards 2016
Charles River announced that for the second consecutive year it was named "Best Portfolio Management Software Provider" at the MENA…
Ithmaar Bank becomes the first bank in Bahrain to get Twitter verification
Ithmaar Bank , a Bahrain-based Islamic retail bank, announced today ed note 20/02/16 that it is the first bank in…
Bank Sohar Receives STP Recognition from J.P. Morgan Chase Bank, National Association
Marking its third award of the year, Bank Sohar was recently recognised as one of the best 'Straight Through Processing'…
Banks must wake up to smart phone revolution or risk being left behind – digital fintech expert
Banks must wake up to the way technology affects the daily lives of their customers or risk being left behind…