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A strong CIO and CFO tandem can drive digital transformation in banking
Digital transformation is undoubtedly one of the top strategic topics for banks in the Middle East.
30 January 2025
ESG propelled to the top priority for CFOs in 2024
Finance leaders at companies around the world rank ESG as their top priority in 2024, up from ‘only’ 14th position at the same time last year.
11 March 2024
Internal audit leaders in Saudi ramping up digital transformation
Investing in digital transformation is high on the agenda of internal audit leaders in Saudi Arabia, with most efforts going to projects adopting advanced analytics and robotic process automation.
27 September 2023
Middle East fintech industry could triple in next two years
The fintech industry in the Middle East is growing rapidly and could triple by 2025 – if the sector continues to see appropriate levels of investments and innovation.
07 August 2023
Determining the real market capitalization of crypto assets
From its early beginnings less than a decade ago, the cryptocurrency market has evolved into one of the world’s biggest financial innovations and is now a $2 trillion market.
08 February 2022
The global Islamic fintech banking market: trends and outlook
The global Islamic FinTech market is projected to grow strongly in the coming years, as a growing number of Muslims seek to tap into digital finance and banking services that follows Sharia principle
17 January 2022
Investments in Bahraini, Saudi and UAE fintech scene picking up
Global professional services firm KPMG has released its mid-year analysis of the deals landscape in the fintech scene. A round-up of the report’s findings for three key Middle East markets.
06 September 2021
KPMG financial services experts on the Middle East's fintech scene
Despite the Covid-19 pandemic, funds pumped into FinTech companies globally topped $100 billion for only the third time in history, demonstrating the sector’s growing importance within the wider fina
14 April 2021
Post-Covid-19 world brings new risks for FinTechs in UAE
FinTech’s in the UAE are still grappling with pandemic-related risks, and are adapting their business models accordingly.
29 March 2021
Working capital deteriorates as corporates tighten their belts
Against a backdrop of uncertainty and economic hardship, the working capital performance of businesses in the Middle East has waned strongly over the past six months.
16 November 2020
Most Middle East CFOs still in cost cutting and mitigation mode
CFOs across the Middle East don’t expect things to normalise any time before the latter half of next year, according to a new Deloitte survey.
04 November 2020
Middle East CFO sentiment continues its slide as Covid-19 bites
The sentiment of Chief Financial Officers (CFOs) in the Middle East continue to slide, according to PwC’s latest CFO Pulse Survey, which sheds light on how financial leaders in the region are absorbi
17 June 2020
Middle East CFOs remain positive for a quick recovery following COVID-19
Finance leaders in the Middle East are expecting a sizeable impact from the global coronavirus pandemic according to a new survey by PwC, but the longer-term outlook remains buoyant.
16 April 2020
Saudi banks should embrace fintech strategies and collaborate
The number of fintechs emerging in Saudi Arabia’s financial services landscape is changing the face of the banking industry.
23 March 2020
Financial crime on the up in the Middle East, shows PwC survey
Fraud and financial crime is on the rise in the Middle East, according to the latest survey from professional services firm PwC, but there may be some broader local issues hidden in the data.
06 March 2020
Emerging market banks need to act now to attract less loyal millennials
With young consumers increasingly favouring online banking, banks can gain considerable advantage from digital tools says a new Oliver Wyman report, but challenges remain.
12 June 2019
Middle East financial centres move up the rankings in latest global index
Abu Dubai, Dubai and Abu Dhabi have all bounced back in the 24th Global Financial Centres Index, a financial markets competitiveness report released by British research consultancy Z/Yen Partners.
17 September 2018
Oliver Wyman proposes Dubai innovation hub to aid regional financial inclusion
The global management consulting firm Oliver Wyamn has forwarded the UAE as the ideal centre for an innovation hub focused on enhancing regional financial inclusion.
31 July 2018
Financial crime measures dip in MENA due to regulatory overload
The focus on financial compliance and security measures has diminished in the MENA region according to a financial crime report from Deloitte, for the first time across the life of its local surveys
27 February 2018
Digital wealth managers and robo-advice to command Middle East market
Digital wealth managers will control up to a third of the global wealth market by 2025 according to assurance and advisory firm EY, and the Middle East is no exception, with local firms looking to ca
20 February 2018
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