ISTANBUL – Talal Abu-Ghazaleh Global
(TAG.Global) won the ‘Excellence in Supporting Digital Transformation in the
Arab Region’ award presented by the World Union of Arab Bankers (WUAB) in
Lebanon.

The award was announced during a ceremony
organized by the Union in Istanbul in the presence of a host of Arab Banks’
representatives.

On this occasion, WUAB Secretary General,
Dr. Wissam Fattouh, stated that the selection of TAG.Global for this year’s
award is attributed to the role it plays in supporting and embracing digital
transformation. That is in addition to its relentless efforts in launching
several initiatives in this field under the patronage of HE Dr. Talal
Abu-Ghazaleh, founder and chairman of TAG.Global.

For his part, Dr. Abu-Ghazaleh praised the
role WUAB plays in supporting and advancing the Arab banking sector, noting
that cooperation and joint activities between TAG.Global and the Union will
carry on to serve Arab banks at all levels. He also referred to the
newly-developed  unified Arab manual; the
first-of-its-kind anti-money laundering scheme 
saying that this instrument would be soon released and available in
partnership with the Union.

It should be noted that Mr. Salem
Al-Ouri,  Executive Director of
Qualification and Education Programs at TAG.Global, has received the award on
behalf of Dr. Abu-Ghazaleh.

The World Union of Arab Bankers (WUAB) is the
largest financial and banking union in the Arab region, founded in Lebanon as
an umbrella for Arab banks. It aims at strengthening interbank collaboration to
drive the banking growth process and to support economic development. It
includes more than 320 Arab banking and financial institutions.