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Bank ABC and AFS (Arab Financial Services) announced that the third Middle East & Africa FinTech Forum, the region’s premier fintech conference, will be held at the Ritz Carlton Hotel in Bahrain on February 20-21, 2019, under the patronage of the Central Bank of Bahrain.
The forum brings together internationally renowned thought leaders, practitioners and innovators from the FinTech and artificial intelligence (AI) arenas to discuss a wide range of issues including the future of banking, AI’s potential impact and how it will transform the future, open banking, crowdsourcing and financial inclusion.
More than 450 delegates attended the forum last year, including representatives from the central banks of Jordan, Egypt and Bahrain and 40 banks and financial institutions from the MENA region.
The 2019 Forum is expected to be an even bigger event with wide representation from all industries across the region.
Bank ABC (Arab Banking Corporation) today announced a consolidated net profit for the first half of 2018, 11 per cent higher compared to $102 million for the same period the previous year.
Bank ABC Islamic announced that its net profit for the first half of 2018 was US$15.6 million, 3% higher than the net profit of US$15.1 million reported in the first half of 2017. Second quarter 2018
Arab Bank Group has reported net income after tax for the six months period ended 30 June 2018 of $436 million compared to $415 million in prior period, recording a growth of 5 per cent.
QNB has revised up its forecasts for average annual oil prices to $72/b for 2018 from $69/b and to $69/b in 2019 from $66/b. Both demand and supply factors, however, suggest a tilt towards lower pric
Qatar Islamic Bank (QIB), country’s leading Islamic bank, received two awards from New Age Banking & Finance Awards 2018, as part of the seventh edition of New Age Banking Summit Qatar which was supp
Nakilat is participating in the Gastech 2018 Exhibition and Conference currently taking place in Barcelona, Spain from 17 to 20 September 2018. One of the largest LNG-centric events globally, Gastech
Al Hilal Bank, rated A2 by Moody’s and A+ by Fitch has successfully closed a $500 million 5-year Senior Sukuk. The transaction, under Al Hilal Bank’s new management team, marks the first Senior Publ
The Gulf Today
Sabic, the world’s third largest diversified petrochemicals company, has signed an agreement with Clariant towards taking steps to establish certain elements of its Specialties business as a stand-al