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Bank Audi ends acquisition talks with FAB

News | Payments General | 19 May 2020

Egypt-based Bank Audi has ended the discussions with First Abu Dhabi Bank (FAB) on acquiring the Egyptian assets of Lebanon's Bank Audi.

FAB, Bank Audi Egypt, Egypt, First Abu Dhabi Bank, coronavirus, COVID-19, UAE, Central Bank of the United Arab Emirates, CBUAE, loans

UAE and Saudi Arabia trial cross-border payments on blockchain

News | Payments General | 14 Dec 2018

The UAE and Saudi Arabia have launched a proof of concept (PoC) for experimenting with blockchain to help cross-border payments between the two countries.

banking, blockchain, digital, innovation, partnerships, payments , cross-border, regulation, CBUAE, Central Bank of the UAE, SAMA, Saudi Arabian Monetary Authority, fintech, Middle East