Including the United Arab Emirates. “CoorB” for financial technology starts its work in three Arab markets

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Abu Dhabi – Mubasher: CoorB, the information technology and digital financial services company, announced the launch of its work in three major markets in the Middle East and the African continent.

CoorB said in a statement that these countries are the Kingdom of Saudi Arabia, the United Arab Emirates and the Arab Republic of Egypt. With the aim of supporting the transformation of markets into digital economies faster and at lower costs and improving the digital presence of banks and financial institutions.

By collaborating with government agencies, banks, non-bank financial institutions and mobile network operators, CoorB aims to accelerate digital transformation, drive business growth and efficient operations, and provide end-to-end digital platforms, process automation and data analytics.

Carol Al Sharabati, Chief Executive Officer of CoorB, said: “We want to develop sustainable and advanced technologies here in the Middle East that will help support economic growth and comprehensive development across the region by combining the best technologies with a new generation vision for financial services.”

For his part, Ahmed Jaber, CEO of the company, said: “We want to overcome the limitations of traditional systems and use modern technologies such as artificial intelligence and machine learning to offer customers solutions and services that compete with the largest technology providers in the world.”

CoorB has an expansion strategy in the Middle East and Africa region and in more than 10 countries worldwide. CoorB’s ownership structure is divided between three main shareholders; CME is a technology solutions company that works with more than 100 organizations, including Fortune 500 companies.

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