12/06/2023
Saxo Bank's 2024 outrageous predictions: The end of the road
The eight predictions focus on a series of unlikely but underappreciated events which, if they were to occur, would send shockwaves across the financial markets
Retail Banking
12/01/2023
Egypt: African Development Bank supports Commercial International Bank with $148 million to prop up SMEs and trade
This will increase economic output
11/29/2023
Checkout.com appoints Standard Chartered as banking partner in MENA
A dynamic collaboration pioneering the future of digital commerce
11/29/2023
Ahlibank achieves remarkable growth in the third quarter of 2023
Thanks to its broad portfolio of digital products and services, ahlibank has succeeded in being one of the fastest-growing banks in the country, actively contributing to the achievement of the goals set for Oman Vision 2040
11/28/2023
Saudi: Al Rajhi Bank appoints Abdullah Al Rajhi as chairman
The ordinary general meeting also named a new vice-chairman
11/27/2023
Islamic Development Bank institute delivers high-level Islamic finance executive program sessions
The sessions were part of the 6th edition of the Saudi-Spanish Center for Islamic Economics and Finance (SCIEF) Islamic Finance Executive Program
11/24/2023
Arab International Bank hikes stake in SAIB to over 51%
AIB purchased 92,053 shares in SAIB at an average price of $4 per share
11/24/2023
Top 10 UAE banks record 5.6% rise in quarterly profit on lower impairment charges
The cumulative net income for the three months to the end of September climbed to Dh20.2 billion
11/21/2023
SAB partners with Mastercard to offer greater access to secure digital transactions
Driven by cutting-edge data science, Mastercard Gateway AI-powered technology helps to reduce financial risk by proactively assessing transactions for vulnerabilities.
11/21/2023
Gulf Bank Officially Introduces Gulf Capital Investment Company
The validity of this license is for a specified duration from the date of issuance by the Capital Markets Authority.
11/21/2023
Al Maryah Community Bank wins the MEA Finance Best Neo Bank Award for 2023
The MEA Finance Awards 2023 recognizes financial institutions, technology solutions providers, and individuals for their exceptional achievement
11/20/2023
Emirates NBD awarded ‘Best Bank for ESG in the UAE’ at Euromoney Awards for Excellence 2023 reflecting its dedication to sustainability
Strong growth in ESG metrics, launch of green products, internal ESG restructuring and landmark sustainable deals affirmed bank’s status as ESG leader
11/20/2023
Gulf Bank unveils exclusive welcome gifts for new Red account customers
As part of its commitment to rewarding its young clients, in collaboration with Flare Fitness
11/17/2023
Kuwaiti bank settlements hit 182.7bln dinars in 2023
Local bank transactions surge 7.5% in Q3
11/17/2023
Bank Hapoalim cuts Q3 dividend to 20% of profit
The bank reported third quarter net profit of NIS 1.67 billion, 6.5% down from NIS 1.79 billion in the corresponding quarter of 2022.
11/16/2023
Al Salam Bank launches 'Al Salam Takaful' for individuals, SMEs
Al Salam Takaful product falls under the umbrella of Al Salam Bank's partnership with Solidarity Bahrain
11/13/2023
Bank ABC Islamic 9M net profit rises 18.6% to $35.1mln
Net operating income before credit losses stood at $44.1mln
11/09/2023
ALEXBANK signs with Network International to accelerate digital transformation
To provide a fully-fledged payment processing solution to support the bank’s digital transition
11/09/2023
UAE lender ADCB to sell majority stake in Abu Dhabi Commercial Properties
Bank expects to gain over $108 million from the transaction
11/07/2023
Agthia Group reports $890mln net revenue during first nine months of 2023
Agthia’s strong performance in the first half continued into the third quarter