Countries in the region, which have an abundance of oil reserves, have long relied on oil revenues for economic growth.
Gulf International Bank (GIB) has launched the digital retail banking services of meem, the region’s first Sharia-compliant digital bank, in Bahrain.
Fintech has become main engine of growth for national economy, dissemination of financial inclusion culture, says El Kady The United Bank of Egypt (UB) launched the UB Digital Wallet, which is its latest technological solution for the Egyptian financial m
The NBE’s joining of the blockchain comes in line with Egypt’s national digital transformation strategy, and in support of the Central Bank of Egypt’s plan to encourage the financial services industry to adopt innovative financ
“Pervasive connectivity, cheaper and more powerful computing power, and variations in the behaviour of digitally connected customers are shaping a new digital era,” said AIG chairman Mohammed Almoayyed.