Tag: Banking
NEC XON and Avaloq advance wealth management technology in Africa
NEC XON and Avaloq (both part of NEC Corporation) have combined Avaloq’s globally proven banking and wealth management platform with NEC XON’s strong regional...
Singapore Gulf Bank and Standard Chartered partner to enhance cross-border clearing and settlement flows
Singapore Gulf Bank (SGB), a fully licensed bank backed by Whampoa Group and Mumtalakat, announced a strategic banking relationship with Standard Chartered. The collaboration...
Network International and Emirates NBD extend long-standing processing partnership
Network International, a FinTech company across the Middle East and Africa, announced the renewal of its processing and back-office management agreement with Emirates NBD...
SIB rights issue attracts over AED 8.3 billion, oversubscribed by 3.2 times
Sharjah Islamic Bank PJSC announced the successful completion of its AED2.59 billion rights issue, following the close of the subscription period on 8 May...
Citi Investor Day underscores global network strength
Citi outlined a clear pathway to stronger and more durable returns at its 2026 Investor Day, highlighting the increasing strategic importance of its global network...
Standard Chartered appoints Michelle Swanepoel as Head of Financing and Securities Services Middle East...
Standard Chartered announced the appointment of Michelle Swanepoel as Head of Financing and Securities Services (FSS), Middle East and Africa. Based in Dubai, she...
The Illusion of efficiency: Why automation hasn’t fixed the friction in UAE Banking
Over the past decade, banks across the GCC have moved faster than many of their global counterparts in embracing digital transformation. From mobile-first platforms...
The Illusion of efficiency: Why automation hasn’t fixed the friction in UAE Banking
One of the first things I ask when I sit down with a UAE banking leadership team is: Walk me through what happens between...
ADIB delivers strong Q1 2026 performance as profit and balance sheet growth gain momentum
Abu Dhabi Islamic Bank (ADIB) posted a strong set of first‑quarter results for 2026, supported by balance sheet expansion, resilient income growth and disciplined...
Citi announces senior leadership appointments to strengthen international franchise
Citi announced senior leadership appointments across its Banking & International franchise, effective August, with roles based between London and Dubai. The appointments reinforce Citi’s...