The Banking Executive Magazine - July 2023 Issue

World Databases UNION OF ARAB BANKS FINANCIAL PORTAL The Union of Arab Banks (UAB) is pan organization that represents and promotes the interests of Arab banks and financial institutions. UAB offers various E-services to its member banks, these include: • Union of Arab Banks Financial Platform accessible at https://uabehub.org/home • Union of Arab Banks E-Services. These include: - Islamic Banking Glossary - Banking Glossary - FACTA (The Foreign Account Tax Compliance Act) Database and Glossary of terms - BASEL Database and Glossary of terms • Union of Arab Banks E-library. - Books - Research - Surveys - Guidelines • Arab Banking Legislation Database CONCLUSION This article overviewed major global databases and highlights a gap in the availability of data from the Arab world and to the Arab world. Hence, government authorities and agencies in the Arab world should invest in es- tablishing data centres and develop quantitative and qualitative data- bases to support investment, help small and medium size enterprises in access to project finance, mobilise inter-Arab trade, enhance education and lead to greater integration and cooperation between Arab countries. the BANKING EXECUTIVE 36 ISSUE 175 JULY 2023

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