Monday 25 July 2016
 
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Financial Services

FinTech transformation seen in Middle East

Trends driving the growth of financial services technology (FinTech) in the Middle East were discussed at a forum hosted in Dubai, UAE, today (May 11). FinTech 2020, hosted by FIS, a global leader in financial services technology,

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Non-bank drives jobs growth in Bahrain financial sector

Employment in Bahrain’s financial services industry grew by 2.8 per cent during 2015, with a total of 13,877 people employed at end-2015 compared with 13,496 at end-2014, according to new data released by the Central Bank of Bahrain.

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Abu Dhabi Global Market opens for business

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, will commence operations with the acceptance and approval of financial services licence applications with effect from today (October 21). This follow

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Shuaa revenues up 46pc in H1, top $31m

Shuaa Capital, a Dubai-based integrated financial services, has reported a 46.1 per cent increase in revenues to Dh116.2 million ($31.6 million) in the first half of 2014, compared to Dh79.5 million during the same period in 2013.

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Standard Life appoints key Mideast head

Standard Life, a leading provider of long term savings and investments, has strengthened its regional senior team by appointing Sean McGuire as head of Bank Distribution in the Middle East. With over 25 years’ experience in

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Atlas Group launches new financial unit

Atlas Group, a leading global provider of fund administration services, has launched a financial group, offering a selection of offshore financial products and advisory services tailored towards professional intermediaries. Atlas Financ

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Bahrain finance sector 'safe from cyber attacks'

Bahrain's matured financial services sector remains better guarded against cyber threats than its neighbours, who have come under attack, according to an expert. Information technology practices followed by the banking sector

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Bahrain financial sector 'shows improvement'

Bahrain's financial sector has already shown an improvement over the first quarter of the year, according to a senior Central Bank of Bahrain (CBB) official. 'Our financial sector is 40 years old and I am lucky to have experience o

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DIFC inks co-op deal with Chinese exchange

The Dubai International Financial Centre (DIFC) said it has signed a MoU with the Chinese Pudong Financial Services Bureau (PFSB) to boost exchange of financial services and development. The MoU sets out the frameworks agreed between the t

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InfoFort offers solutions for finance sector

InfoFort, an Aramex company, offers a suite of solutions dedicated to the financial services industry in the Middle East and Africa. The company recently showcased its market-leading portfolio of solutions at Meftec 2011, Abu Dhabi, the pr

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