Tag: #MEA Finance Magazine
MARKET FOCUS: Building a sustainable future
Saudi Arabia is restructuring and opening its economic activities, rethinking the role of foreign investors as the kingdom looks to ease fiscal burdens and...
Making New Payments
How are you adapting or competing in the payments arena to ensure these services remain profitable?
Citi continues to make significant investment in its regional...
ADIB partners with FIS to provide instant payments experience
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has partnered with FIS, a leading global provider of technology solutions, to modernize its digital...
Payments Modernisation in Middle East & North Africa: Trends and Opportunity
Over the past few years, the banking sector has gone through a massive transformation, with the modernisation of payments at the epicentre of this...
How to effectively deliver AI-powered analytics in the age of digital banking
First, the bad news: COVID-19 hit the region's banks hard. According to KPMG, H1 2020 net profits for the GCC banking sector were down...
HSBC launches Green Deposits for corporate and institutional clients in the UAE
HSBC today launched Green Deposits in the UAE, which will give corporate and institutional clients a mechanism to make USD and AED deposits in...
Open Banking without Strong Customer Authentication creates bad customer experience and leaves banks vulnerable....
Regulators around the world are implementing various incarnations of Open Banking with the goal of changing how payments are made in their regions. They...
Emirates NBD’s Supply Chain Financing platform to digitise Choithrams payable process
Emirates NBD has onboarded Middle East grocery retailer and food distributor T. Choithram & Sons to pilot the bank's smartSCF digital Supply Chain Financing...
Resilience of corporate debt in emerging markets expected to continue with Middle East recording...
The percentage of Emerging Market firms defaulting on debts due to the impact of the pandemic is expected to be lower than in many...
Investment firm New World Group eyes expansion into the GCC
New World Group (NWG), with assets of over USD 2.5 Billion is mapping out its expansion into the GCC and wider region by establishing...