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AI tipping point reached in the UAE as banks move from experimentation to execution, finds Finastra research

Arabiya Capital -
Financial institutions across the UAE have reached a decisive AI tipping point, according to new research from Finastra, a financial services software. Just 2%...
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Bank ABC’s ila Bank goes live with Temenos Core on AWS, implemented by Systems Limited

Arabiya Capital -
Temenos (SIX: TEMN), announced that Bank ABC, one of MENA’s international banks, has successfully migrated its digital mobile-only ila Bank onto Temenos’ Core Banking platform hosted on...
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Egyptian Paymob, Tamara partner to advance GCC SMEs growth

Arabiya Capital Staff -
The deal between two of the MENA region’s fastest-growing fintech companies creates a payments ecosystem that enables merchants to offer seamless customer experiences
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Bango, TPAY and Etisalat partner to launch direct carrier billing

Arabiya Capital Staff -
The partnership gives Etisalat Egypt customers the ability to pay for in-app purchases and services subscriptions through their mobile number
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Jordan Ahli Bank integrates AI to customer service with ‘ahliGPT’

Arabiya Capital Staff -
Jordan Ahli Bank has paved the way for a new era of customer service in the Middle East banking industry with the adoption of ahliGPT
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Egyptian mass e-commerce platform Kenzz raises $3.5 million seed funding

Arabiya Capital Staff -
Egyptian mass e-commerce platform Kenzz said Tuesday that it raised $3.5 million in a seed funding round led by Outliers Venture Capital as the...
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Healthtech startup Vezeeta secures funds to fuel growth, bringing total funding close to $90 million

Arabiya Capital Staff -
Egyptian health-tech startup Vezeeta said Wednesday that it has raised new funding to fuel its growth plans and fund imminent merger and acquisition deals...
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Egypt’s Convertedin raises $3 million in seed round, plans expansion

Arabiya Capital Staff -
Convertedin, an Egyptian startup that operates a marketing system for e-commerce brands, raised $3 million in a seed round led by Saudi-based Merak Capital...
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Banque Misr joins forces with SAP to enhance business continuity

Arabiya Capital Staff -
Egypt’s second-largest state lender Bank Misr has joined forces with SAP to ensure banking business continuity and digital employee engagement as part of the...
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Egyptian fintech startup valU raises $12.4M, valuation touches $247.4M

Arabiya Capital Staff -
Egyptian buy now pay later (BNPL) firm valU said Monday that it has secured a $12.4 million capital injection from the Alhokair Family, valuing...
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