Wednesday 26, January 2011 by

ITS signs deal with Libya’s Gumhouria Bank

The bank said that ‘to support its rapid growth and expansion’, it required a stable and scalable solution to provide long term operational support to become a fully Islamic bank. After conducting a rigorous selection process in which a number of leading suppliers were considered. Gumhouria bank selected ETHIX core banking, ETHIX financial solution and ETHIX branch automation to support and automate its Islamic business transformation.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more