The banking sector in the Middle East is trailing behind global counterparts in expanding digital services. That’s according to a survey of corporate-banking customers by the Boston Consulting Group (BCG), which shows that many banks in the region have a limited online presence. The study also found that these slow-moving players’ profits could take a significant hit if they fail to catch up with competitors. More than 80% of respondents were ready to pay for additional online services, while over half of them were open to switching to banks with better digital capabilities.
Parkin and Bahrain's Amakin team up on smarter parking solutions
Trump threatens 50% tariffs on all cars and trucks from Canada
Over 7,000 new Indian companies join Dubai Chamber of Commerce
Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO
