FinTech

CoorB announces the launch of its technology services in 3 Arab countries

CoorB, a leading player in the digital financial services and information technology sector, has recently announced the expansion of its operations into three key markets in the Middle East and Africa region: the Kingdom of Saudi Arabia, the United Arab Emirates, and the Arab Republic of Egypt.

The company aims to facilitate these markets’ rapid transition to digital economies, fostering cost-effective solutions, and enhancing the digital presence of banks and financial institutions.

CoorB is strategically expanding its presence in the Middle East and Africa, drawing on the extensive expertise of its founding partners with over 40 years of experience in technology and electronic financial services across more than 10 countries globally.

This includes the American market and various European countries, as well as the Middle East region, boasting an infrastructure supported by over 500 specialized experts.

The ownership structure of CoorB is divided among three key stakeholders: CME, specializing in providing technological solutions with 40 years of experience; Yasser Zidan, with three decades of entrepreneurial experience; and Ahmed Jaber, bringing over two decades of expertise in financial technology, particularly in the Gulf Cooperation Council countries and the Middle East and North Africa region.

Collaborating with governmental entities, banks, non-banking financial institutions, and mobile network operators, CoorB aims to accelerate the digital transformation process.

The company focuses on efficiently boosting business growth and operations, offering comprehensive digital platforms, process automation, data analysis, and providing insights for informed decision-making. Additionally, CoorB offers solutions for financial mobile operators, security, and compliance.

Carol Al-Sharbati, Chairperson of the Board at CoorB, emphasized the company’s commitment to developing advanced and sustainable technology in the Middle East to support economic growth and comprehensive development.

Ahmed Jaber, CEO of CoorB, highlighted the company’s dedication to providing effective digital solutions and upgrading the technological infrastructure of financial institutions without the need for a complete overhaul of existing assets.

He emphasized CoorB’s goal to overcome the limitations of traditional systems and leverage modern technologies, such as artificial intelligence and machine learning, to offer competitive global technology solutions.

In summary, CoorB, with its rich history of achievements and a global network of relationships, aims to bridge the gap between technological advancements and successful implementation.

The company focuses on simplifying operations, overcoming efficiency barriers, and significantly increasing the success rate of technology adoption within a few weeks.

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