Snowflake Appoints Michel Nader to Lead Middle East, Turkey and Africa Operations
Snowflake appoints Michel Nader to lead Middle East, Turkey and Africa operations Snowflake has named Michel Nader as General Manager for the Middle East, Turkey and Africa (META), in a move that underscores the company’s focus on regional expansion as demand for data and AI capabilities continues to grow. In his new role, Nader will […]
Read MoreFAB and Presight Host Virtual AI Agentathon to Drive Enterprise AI Solutions
FAB and Presight Host Virtual AI Agentathon to Advance Enterprise AI Solutions First Abu Dhabi Bank (FAB) has hosted a virtual AI Agentathon in collaboration with Presight, with support from Microsoft, as part of its broader digital transformation strategy. The one-day initiative brought together cross-functional teams to develop artificial intelligence solutions for defined business challenges […]
Read MoreQatar Central Bank Moves to Ensure Market Stability Amid Geopolitical Risks
Qatar Central Bank Introduces Liquidity Measures to Support Market Stability The Qatar Central Bank (QCB) has taken precautionary steps to support financial stability after reviewing recent geopolitical developments and their potential impact on the domestic financial system. According to a report cited by QNA, the central bank concluded that Qatar’s banking sector remains resilient, with […]
Read MoreDubai Approves AED 1 Billion Economic Package to Support Businesses
Dubai Approves AED 1 Billion Economic Package to Support Businesses Dubai has approved AED 1 billion in economic facilitation measures designed to support businesses, strengthen market resilience, and improve the emirate’s economic flexibility. The package was approved by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister […]
Read MoreMuzinich Opens Abu Dhabi Office to Expand Middle East Presence
Muzinich Opens Abu Dhabi Office to Expand Middle East Presence Muzinich & Co., a privately owned global corporate credit specialist headquartered in New York, has opened an office in Abu Dhabi Global Market (ADGM) as it looks to deepen its presence in the Middle East. The new office will be led by Filomena Cocco, Managing […]
Read MoreSaudi Central Bank Begins Licensing Open Banking Fintechs
Saudi Central Bank Begins Licensing Open Banking Fintechs The Saudi Central Bank (SAMA) has launched licensing for fintech companies to provide open banking services, marking a new phase in the Kingdom’s financial sector development following the completion of its regulatory sandbox programme. The move is designed to support financial-sector growth by improving the efficiency and […]
Read MoreRAKBANK and Network International Complete Deal to Expand UAE Digital Payment Services
RAKBANK and Network International Finalise Partnership to Expand UAE Digital Payment Services RAKBANK and Network International have completed their strategic partnership, marking a new step in the expansion of digital payment services in the UAE. The transaction, first announced on 28 November 2025, was finalised after receiving all required approvals from the Central Bank of […]
Read MoreAlvin Feng Discusses Huawei’s Strategy for AI Banking at MWC 2026
Huawei Outlines AI Banking Strategy at MWC 2026 Huawei used Mobile World Congress (MWC) 2026 in Barcelona to spotlight the next stage of digital transformation in financial services, arguing that artificial intelligence is moving beyond support functions and becoming a core driver of value for banks. During the company’s Digital Finance session, themed “Powering Resilient […]
Read MoreFintech in Zambia: 2026 Market Overview
Fintech in Zambia Sees Rapid Expansion as Mobile Money Drives Financial Inclusion Zambia’s fintech sector has grown sharply over the past decade, supported by rising adoption of digital financial services and a more enabling regulatory environment. According to a 2023 United Nations Capital Development Fund (UNCDF) study, the country had 57 fintech companies operating locally, […]
Read MoreFinpace Launches Halcyon AI Layer for Core Banking Across Africa
Finpace Launches Halcyon AI Layer for Core Banking Across Africa Finpace has introduced Halcyon, an artificial intelligence layer delivered alongside its core banking platform to help financial institutions across Africa modernise more quickly and manage change as a controlled, repeatable process rather than a lengthy engineering backlog. The solution is aimed at banks, microfinance institutions […]
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