ME banks focus on tech investing for next decade

May 29th, 2008 Posted in Islamic Finance

Gulfnews reports (5/27) that ME banks anticipate spending $1T on tech and services over the next decade. Additionally, numerous ME banks intend to commit upwards of $3.5B in banking upgrades in half that time. Dubai plans to host the first Middle East International Banking, Finance Technology and Services Exhibition and Conference to bring together companies and leaders to discuss.

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