Newgen Software Technologies Wins USD 2.22 Million Contract from Kuwait Bank
Published on: March 15, 2026, 10:55 p.m. | Source: scanx.trade
Newgen Software Technologies Limited secured a USD 2.22 million contract through its Dubai subsidiary from a leading Kuwait bank. The 2-year agreement covers software license, implementation and support for Islamic banking solutions including Corporate Finance Origination, Retail Finance Origination, and Customer Communication Management systems. The deal, worth Rs. 20.54 crore, strengthens Newgen's Middle Eastern presence and demonstrates its specialized Islamic banking technology capabilities.
