Banking - Middle East News 247
January 12, 2025
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Banking

Banking Saudi Arabia

Banking sector set to meet in Riyadh

For 5th Annual Future Bank Summit & Awards KSA 2024 The 5th Annual Future Bank Summit & Awards KSA 2024 is poised to unite industry leaders, innovators, and visionaries to delve into the latest banking and financial technology advancements. The summit, scheduled for September 24th and 25th at the InterContinental Hotel in Riyadh, aims to […]
Banking Finance GCC UAE

How To Choose The Best Business Bank In UAE

Getting It Right Is A Game-Changer Choosing the right banking partner in the United Arab Emirates (UAE) is a fundamental decision that can significantly impact financial management and a business’s overall performance. Considered the commercial hub of the Middle East, where entrepreneurship thrives amid innovation and economic growth, the UAE has arguably one of the
Banking

Mano Bank’s Cybersecurity Strategy Pays Off

Bank Migrated To .Bank Domain In 2019 As the spectre of cyber threats looms, financial institutions globally are doubling on efforts to fortify their defences and safeguard sensitive financial data. Statistics paint a grim picture, with over 254 million records compromised in 2022 and a staggering 64% surge in ransomware attacks witnessed in 2023 compared […]
Banking Finance

Saxo Bank announces $111 million net profit in 2023

Bank registers $136 billion in client assets Saxo Bank Group, a leading financial institution, has revealed its 2023 financial performance, reporting an adjusted net profit of $111 million, down from $121 million in 2022. Despite challenges like a $53 million software write-down and a $16 million impact from the Saxo Geely Tech Holding divestment, the […]
Banking GCC UAE

UAE banking sector steps up sustainable financing to meet global emission goals and support UAE growth

The vibrant UAE banking and financial sector is prioritising sustainable banking and financing solutions to buttress green ambitions while also supporting economic and social development in the Gulf state. This initiative is also in line with the UAE’s key strategy to reduce emissions and achieve climate neutrality by 2050, in adherence with the United
Business

Tribal Credit Launches Private Beta of Cash Copilot: A GPT-Powered Open Banking Solution for Emerging Market SMEs

SAN FRANCISCO —Tribal Credit, a leading fintech company that provides financing, payment, and expense management solutions to small and medium-sized enterprises (SMEs) in emerging markets, today announced the launch of the private beta of Cash Copilot, a new service that utilizes GPT technology and open banking data to help business owners, CFOs, and decision-makers in