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Banking and Finance

Banking and Finance latest

AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud
October 20th, 2025 - 10:29 GMT

AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud

Mozn, a regional leader in enterprise AI technologies, has entered into a strategic agreement with AlRajhi Bank, aimed at supporting the bank’s efforts in combating financial fraud through Mozn’s AI-driven financial crime prevention platform, FOCAL. Saudi Arabia’s economic transformation is accelerating, and digital finance now stands as a key driver of the Kingdom’s pursuit of economic excellence. In 2024, electronic payments made up 79% of all retail transactions, up from 70% in 2023, with 12.6 billion non-cash payments processed across Saudi Arabia. This strategic pivot, underpinned by advanced digital infrastructure ...
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Al Bawaba
June 23rd, 2010 - 07:02 GMT

NBAD Launches 500 Million Malaysian Ringgit Sukuk

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June 21st, 2010 - 08:32 GMT

Gulf Investment Corporation (GIC) repays US$ 500 million maturing EMTNs

Al Bawaba
June 15th, 2010 - 09:13 GMT

Regional M&A deal values drop by 59% in Q1 2010 over Q1 2009

Al Bawaba
June 14th, 2010 - 10:27 GMT

SHUAA Capital GCC Investor Confidence Index dips slightly but still positive at 107.4

Al Bawaba
June 7th, 2010 - 08:40 GMT

Al Bashayer Investment Company, a UAE-based Wealth Management Company

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