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Tag: #MEA Finance Magazine

ADIB launches Amwali, the world’s first Islamic Digital Bank targeting GenZ

Abu Dhabi Islamic Bank (ADIB) officially unveiled “Amwali” digital bank, the world’s first Islamic digital bank targeting youth between the age of 8 to...

Emirates NBD collaborates with DMCC to boost Dubai diamond industry finance

Emirates NBD has announced plans to increase financing available to the Dubai diamond industry and double its diamond financing book in the UAE by...

Bank ABC Egypt appoints new MD and CEO

Arab Banking Corporation (“Bank ABC”) announced today the appointment of Amr Tharwat as new MD and CEO of its Bank ABC Egypt franchise. The...

IMA report on State of Technology in Finance & Accounting in Middle East and...

A new report by IMA® (Institute of Management Accountants) on the State of Technology on Finance and Accounting in the Middle East and India...

ING appoints new head of Wholesale Banking Middle East

Sebastian Frederiks has been appointed head of Wholesale Banking for ING in the Middle East, effective from 15 July 2021. He will report to...

Fintechs begin to raise the bar

What do the region’s banks think of fintechs? Are they a threat to their long-term viability, or do they represent an efficient way for...

Digital Banking Challenge launched to upskill Bahraini youth digital capabilities

The National Bank of Bahrain launches the Digital Banking Challenge in strategic partnership with Bahrain FinTech Bay; one of MENA’s largest FinTech Hubs open...

Building the future of financial transactions together

Digitisation has radically reshaped the payments space, with the pandemic a catalyst accelerating the trend. In a recent report, the Boston Consulting Group (BCG)...

Bank ABC expands presence in Egyptian market by closing the acquisition of BLOM Bank...

Arab Banking Corporation (Bank ABC) today announced the completion of its acquisition of a 99.5% stake in BLOM Bank Egypt S.A.E. (BLOM Bank Egypt),...

SmartStream’s AI Solution supports continuous streaming of reconciliations

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of SmartStream Air Version 4, which provides the continuous streaming...