Tuesday, April 8, 2008

FT Summit focuses on importance of technology in banking sector MENAFN

FT Summit focuses on importance of technology in banking sector Emirates News Agency WAM Text MENAFN Emirates News Agency WAM Dubai will host the th Financial Technology FT Summit organised by the World Development Forum from the th to the th April. The exclusive event of the Top Arab Banks will shed light on the role of technology to enhance competitiveness of the Arab Financial and Banking sector in light of the new customers expectation new regulations and increased competition. Organizers said that the finance technology market has witnessed a remarkable growth in last years due to increased demand from the regional banking and financial institutions to meet international standards. MENA and South Asia regions financial technology market was estimated at bn last year according to researches of which . bn are invested by the Arab banking sector with growth of per annum due to increased expenditure by leading regional banks on upgrading core banking systems and IT infrastr! ucture. Delegations from Arab countries representing largest banks and financial institutions in Saudi Arabia Kuwait Bahrain Qatar Oman Jordan Libya Yemen and the UAE the hosting country have confirmed their participation. Related News For Arab banking April Individual investors play dominant role in Saudi Stock Market Arab News April KSA Cash waqf for welfare projects mooted Arab News April Kinscherff to lead Boeing ME Khaleej Times April Etisalat expands services Bahrain Tribune April KAU conference to focus on Islamic economic solutions Arab News more. Most popular stories India to spend b on oil exploration Volkswagen recollects vehicles Comex set to attract thousands of tech savvy visitors Saudi Arabia biggest donor to b ISFD Emaar EC DP World to develop Saudi seaport Foreign investors buy Dh . b worth of shares on DFM nbsp MENA News Headlines Apr Palestinians promote investment opportunities Jordan Times MENAFN Jordan Times Palestinian National Economy Minister Mohamm! ad Kamal Hassouneh encouraged Jordanian and Arab businessmen on Saturday to undertake projects in the West Bank. . Apr Jordan Press Foundation makes further leaps in profit in Jordan Times MENAFN Jordan Times The general assembly of the Jordan Press Foundation JPF Al Rai on Thursday approved the distribution of JD . million in cash dividends at a rate of per cent of the. Apr Investate BFH in m deal MENAFN MENAFN An agreement was recently signed between the Bahrain Financial Harbor signed an agreement to build a million residential and retail project Gulf Daily News reported. . Apr Saudis to get most tourism Jobs Arab News MENAFN Arab News The Kingdom s tourism sector will soon become the largest employer of Saudis said Prince Sultan ibn Salman secretary general of the Supreme Commission for Tourism. Apr Sabic plans to raise capital to b MENAFN MENAFN The Chairman of Riyadh based Sabic said that the company is planning to raise its capital to more than billion Gulf Daily News reported. . more. Terms of Service Privacy Policy Contact Us Advertis! e nbsp About MENAFN Career Opportunities Feedback Copyright All Rights Reserved

Source: http://www.menafn.com/qn_news_story_s.asp?StoryId=1093191798


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