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Qatar Economic Forum to gather more than 1,000 global leaders

The fourth annual Qatar Economic Forum powered by Bloomberg (QEF) held in collaboration with Media City Qatar will take place from May 14 to 16 2024. This year s forum under the theme A World Remade: Navigating...

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Tonomus, Monstarlab to transform professional services in KSA

Tonomus NEOM s cognitive technology and digital infrastructure subsidiary is collaborating with Monstarlab a global digital consulting firm to explore the delivery of world-class professional services...

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Mobile Financial Services should 'focus on advanced services'

Mobile Financial Services (MFS) providers must increasingly focus on advanced services like sophisticated micro-finance services loans overdrafts BNPL investments merchant payments and bulk payments. By...

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OBA elects new Board of Directors at AGM

Oman Banks Association s (OBA) Board elections took place at the recent Annual General Meeting (AGM) of the bank. The newly elected Board of Directors held its meeting following the AGM appointing Abdul...

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Yahsat appoints Somani as Chief Growth and Strategy Officer

Al Yah Satellite Communications Company the UAE s flagship satellite solutions provider has announced the appointment of Amit Somani as Chief Growth and Strategy Officer. Somani a veteran of the satellite...

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ACI Worldwide and AFS to drive payments modernisation

ACI Worldwide has announced a 10-year partnership with Arab Financial Services (AFS) to drive digital payments modernisation for banks fintechs and merchants across the region. Regulated by the Central...

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AD Ports Group exhibits ‘resilience and core strength’ in 2023

AD Ports Group has seen a stellar year of intelligent internationalisation entering new markets and completing major acquisitions even as it made a net profit of AED1.4 billion ( 380 million) in 2023....

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Saudi Exchange marks milestone with 400th listed security

The Saudi Exchange has marked a major milestone welcoming its 400th listing across all securities. This achievement highlights the exchange s pivotal role in the kingdom s economy underpinned by robust...

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Informatica launches KSA’s first AI-powered IDMC

Informatica has launched its AI-powered Intelligent Data Management Cloud (IDMC) in Saudi Arabia a first for the kingdom. The investment includes establishing a new Point of Delivery (PoD) in Riyadh and...

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ProjectX allies with mFilterIt to enhance customer experience

ProjectX a brand-tech firm that is part of Abdul Latif Jameel has announced a strategic tie-up with mFilterIt to bring advanced ad fraud prevention and brand safety to businesses in the Middle East and...

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Mobile Financial Services should 'focus on advanced services'

Mobile Financial Services (MFS) providers must increasingly focus on advanced services like sophisticated micro-finance services loans overdrafts BNPL investments merchant payments and bulk payments. By...

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ZainTECH acquires Citrus Consulting in deal with Redington

ZainTECH the integrated digital solution provider of Zain Group has entered into a Share Purchase Agreement (SPA) with Redington an international technology solutions provider to acquire its Consulting...

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SICO named Best Investment Bank in Bahrain

SICO a leading regional asset manager broker and investment bank was named the Best Investment Bank in Bahrain at the 2024 Global Finance World s Best Investment Banks Awards for the fifth consecutive...

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ADIB appoints Talha Karim as Group Chief Risk Officer

Abu Dhabi Islamic Bank (ADIB) a leading financial institution has announced the appointment of Talha Karim as its new Group Chief Risk Officer. In his role Karim will play a pivotal part in further strengthening...

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Salama net loss at $38m in 2023; but revenue up 20pc to $300m

Islamic Arab Insurance Company (Salama) reported takaful revenue of AED1.111 billion ( 300 million in 2023 an increase of 20% from 2022 but posted a net loss of AED139.327 million ( 38 million). The loss...

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Tamkeen offers IBAN verification in tie-up with Tarabut

Bahrain s Labour Fund Tamkeen has launched an International Bank Account Number (IBAN) verification service in collaboration with Tarabut Gateway a leading open banking solutions platform to facilitate...

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