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Banking news in the Middle East | Page 2
An overview of news, trends and research in the Banking industry in the Middle East:
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MENA Fintech Association launches with KPMG among founders
A number of organisations have come to together to launch the MENA Fintech Association – with KPMG among the corporate founding members.
27 June 2019
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
Kuwait and Morocco complete first cross-border blockchain securities settlement
23 April 2019
UAE banking and finance educators sign MoU with PwC's Academy ME
12 March 2019
Synechron unveils new set of AI data science accelerators at FinLab in Dubai
Global consulting and technology services firm Synechron has unveiled a suite of artificial intelligence data science accelerators at its Financial Innovation Lab in Dubai.
01 November 2018
Fidor and ADIB win Efma-Accenture award for innovative banking platform
The German online bank Fidor has been awarded gold at the Efma Accenture Awards for its work with the Abu Dhabi Islamic Bank to establish a Shariah compliant community banking platform for the region
01 November 2018
PwC and Commercial Bank of Dubai sign digital innovation deal
The Middle East branch of PwC has signed an agreement with the Commercial Bank of Dubai to foster greater digital innovation at the financial services and banking provider.
27 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
Deloitte study finds Turkey leads MENA laggards in digital banking maturity
A comprehensive market study conducted by Big Four firm Deloitte has found that Turkey leads the Middle East when it comes to digital banking maturity, while most other states in the region are consi
31 May 2018
Shareholders of collapsed Lebanese bank take Deloitte to court in Dubai
A coalition of minority shareholders from collapsed Lebanese Canadian Bank (LCB), will have their case against Deloitte heard in Dubai, in a landmark court ruling in the UAE.
06 March 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
Oliver Wyman and FIS support Boursa Kuwait with market making
Boursa Kuwait has in recent weeks collaborated with two consulting firms as part of its plans to encourage investors to ramp up their investments in Kuwait.
18 December 2017
Middle East and Africa private wealth to reach $12 trillion, says BCG
Private Wealth in the Middle East and Africa (MEA) region is set to expand rapidly over the next five years to reach a staggering figure of $12 trillion, according to a report from the Boston Consulting Group.
14 June 2017
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