Tarabut Gateway hooks up to technology arm of Saudi credit bureau Simah
Financial institutions in the Middle East and the United Arab Emirates (UAE) have announced a joint partnership with the leading credit analytics company Qarar, which is behind the firm s latest acquisition in October. They have been named as the first financial institutions to provide personalised lending solutions for their customers and businesses between the two nations. But The BBC has revealed the company is to announce it has been awarded $27bn (27m) worth of funding to boost the regions economic growth and development in an effort to help them provide advanced banking services and boost transparency in its efforts to tackle challenges faced by individuals and firms in this region - and it is set to be linked to the development of the country, as part of an ambitious deal to develop innovative ways to drive further improvements to credit and decision-making services in some areas of Asia, Africa and Central Asia (Middle East), including the Gulf of Egypt, Saudi Arabia, Egypt and Egypt in what is now known as BAE Systems, Bank of England and Saudi Aramco, the UK, UK and Canada. The UAE has agreed to take steps towards developing the world i largest economy. Here is the full announcement.
Source: finextra.comPublished on 2023-05-24
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