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Newgen unveils Gen AI LumYn platform for banksNewgen Software, a leading global provider of low-code digital transformation platforms, has announced the launch of LumYn in the Middle East. This groundbreaking Gen AI-powered hyper-personalisation plat More… |
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Newgen unveils Gen AI LumYn platform for banksNewgen Software, a leading global provider of low-code digital transformation platforms, has announced the launch of LumYn in the Middle East. This groundbreaking Gen AI-powered hyper-personalisation plat More… |
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Aggregate capital, reserves of UAE banks hit $129.8bnThe aggregate capital and reserves of banks operating in the UAE reached AED476.6 billion ($129.8 billion) at the end of March 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE). More… |
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Network roadshow in Bahrain highlights fraud preventionNetwork International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has commenced a roadshow in Bahrain, as part of a series of roadshows across the GCC and Africa that aim at generating aware More… |
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Network roadshow in Bahrain highlights fraud preventionNetwork International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has commenced a roadshow in Bahrain, as part of a series of roadshows across the GCC and Africa that aim at generating aware More… |
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UBF AGM approves plans to further develop banking sectorUAE Banks Federation’s (UBF) Annual General Meeting has approved plans to develop the UAE banking sector and strengthen the UAE's position as one of the global financial, economic and commercial centres. More… |
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'Private sector, banks to find funds' to make Saudi Vision workSaudi Vision 2030, which will require around $1 trillion in investments over several years, will inevitably increase leverage in the Saudi private sector and the broader economy, albeit from low levels, according to S&P Global Ratings. More… |
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'Private sector, banks to find funds' to make Saudi Vision workSaudi Vision 2030, which will require around $1 trillion in investments over several years, will inevitably increase leverage in the Saudi private sector and the broader economy, albeit from low levels, according to S&P Global Ratings. More… |
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Top 10 Saudi banks’ performance stays robust: reportThe performance of the top 10 banks in Saudi Arabia is largely robust and positive and operating income grew by 9.5 percent reflecting the effect of higher Non-Interest Income (NII), said a new study. The More… |
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Investcorp Capital successfully raises $800m in financingInvestcorp Capital, an investor in private markets and provider of alternative capital financing services, has raised $800 million in refinancing through a revolving credit facility (RCF) with an international consortium of banks. More… |
