Abu DhabiRSS

Abu Dhabi Global Market and UAE Exchange partner for “vibrant fintech ecosystem”

ADGM and UAE Exchange team for fintech ecosystem

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi and UAE Exchange have teamed up “to support, develop and promote the fintech” ecosystem in the country.

BML Istisharat gains two new takers of ICBS core banking system

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BML Istisharat, a Lebanon-based banking software provider, has gained two new takers of its ICBS core banking system. These are Peterhouse Securities, a financial services firm in London, and Liberty International Bank in Abu Dhabi.

Abu Dhabi’s first fintech innovation challenge for start-ups launched

FINTECH ABU DHABI INNOVATION CHALLENGE

Abu Dhabi Global Market (ADGM) and KPMG are launching the first Fintech Abu Dhabi Innovation Challenge – a five-week programme for “innovative and mature start-ups across the globe”.

Abu Dhabi and Australia ally for fintech innovation

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The Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) and the Australian Securities and Investments Commission (ASIC) have signed a co-operation agreement for financial innovation. This agreement, which follows on from recent deals with Hong Kong and Japan, expands ASIC’s network to the Middle East and North Africa (MENA) – which are “currently […]

Abu Dhabi plans fintech regulation lab

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The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) is looking for public feedback and comments for its proposed FRSA Regulatory Laboratory (RegLab). The RegLab will provide a “controlled environment to allow the development and testing of innovative fintech solutions”. It will be the “first of its kind” in the Middle East […]

Siraj Finance to oust ITS’s Ethix core banking system in favour of Path Solutions’ iMAL

Abu Dhabi, home of Siraj Finance

UAE-based Islamic financial institution, Siraj Finance, is replacing ITS’s Ethix core banking system with iMAL from Path Solutions. The new platform will cover all main operations of Siraj Finance, including transaction processing, treasury, trade finance, investment management, profit calculation, credit bureau interface, Swift, electronic cheque clearing, provisioning and reporting. Abu Dhabi-based Siraj offers consumer and […]

Saxo Bank opens in Abu Dhabi to target UAE investors

Abu Dhabi

Online investment bank Saxo Bank has opened an office in Abu Dhabi to target demand for sophisticated financial services from the increasingly wealthy population of the United Arab Emirates.

Abu Dhabi Securites Exchange gets X-stream trading engine

Abu Dhabi's ADX says it will use the technology to expand into new asset classes

Abu Dhabi Securities Exchange has gone live on a new trading engine provided by US exchange group Nasdaq OMX. The upgrade project provides the Middle Eastern exchange a trading platform that will allow it to trade new asset classes and further its rivalry against Dubai and other regional exchanges.

National Bank of Abu Dhabi keeps watch over ATMs

NBAD will monitor its ATMs using technology from Inetco

The National Bank of Abu Dhabi has adopted a monitoring service from Canadian technology company Inetco Systems, which it says will enable it to better keep track of its ATMs and ensure they are working properly.

National Bank of Abu Dhabi rewires banking system

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The National Bank of Abu Dhabi is strengthening the resilience of its internal technology as it seeks to embrace mobile and expand its coverage beyond the United Arab Emirates.

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