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Tag Archives: Financial

Saudi Tadawul hires Nasdaq for tech ‘transformation’

Tadawul to upgrade its post-trade technology, including registry, depository and risk-management systems, to be completed by the second half of 2020. DUBAI – The Saudi Stock Exchange has taken a major step toward transforming its financial infrastructure after signing a deal with Nasdaq, the US market based in New York. Tadawul, the Riyadh-based market, on Monday announced an agreement with …

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UAE central bank to set up cybersecurity department for financial institutions – governor

By Nada Al Rifai UAE central bank governor said a minimum set of standards for cybersecurity controls will be established in coordination with the National Electronic Security Authority The central bank of the United Arab Emirates has taken a set of decisions to mitigate cyber-risks that are likely to increase with the digitalisation of financial services, its governor said today. …

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Trump presidency could have far-reaching effects on Gulf finance

compareit4me.com experts warn of effects of Donald Trump’s election as President of the United States. Shock result could affect Gulf residents’ ability to secure credit as financial markets tumble. A Donald Trump presidency in the United States could have far-reaching ramifications for personal finance in the Gulf, according to the financial experts at compareit4me.com, the Middle East’s leading financial comparison …

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Leading Arab banks to participate in SWIFT’s annual global financial services event

More than 200 delegates and exhibitors will represent the Arab community at Sibos 2016 to discuss the future of the financial services with industry peers from around the world. SWIFT, a member-owned cooperative and global provider of secure financial messaging services, announces today that more than 200 delegates and exhibitors from the Arab region will take part in Sibos 2016, …

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Synechron Addresses the Future of Mobile Technology at the 11th Financial Technology Summit – Middle East

The leading technology consulting firm demonstrates why financial institutions need to embark on a new era in information technology. Dubai – Synechron, the largest independent pure-play technology consulting and outsourcing provider for the financial services industry, participated in the 11th Financial Technology Summit which kicked off on April 29 at Conrad Hotel. Highlighting Synechron’s contribution and innovation in this sector, …

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Egyptian Government and MasterCard collaborate to extend financial inclusion to 54 million citizens through digital National ID program

The cooperation agreement between Ministry of Communications and Information Technology, Ministry of Finance, Egyptian Banking Corporation, and MasterCard is a landmark public/private partnership model Partnership will enable 54 million Egyptians to contribute to the formal economy by linking their national ID to the national mobile ecosystem The Government of Egypt, represented by the Ministry of Communications and Information Technology, and …

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Financial Services Sector

The financial services industry has grown increasingly reliant on advances in technology to remain competitive. Banks, insurance companies, credit card companies, investment funds, stock brokerages and government treasuries are all in need of new innovations to remain competitive. If you have ideas to contribute in any of the above areas – the world is waiting for you Visit Financial Services …

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