02/20/2024
The overarching goal of this initiative is to stimulate market growth and foster economic diversification, supporting Oman's long-term vision for sustainable development and economic prosperity.
02/20/2024
Eight local banks experience significant profit growth
02/15/2024
The discussion was moderated by Dalal Al-Dousari, Deputy General Manager of Investor Relations at Gulf Bank
02/15/2024
Ithmaar Bank reported a net profit attributable to equity holders for the year ended with a 27.74% increase
02/13/2024
Higher earnings due to rising interest income, lower provisions and impairments
02/12/2024
The total distribution will be $536mln
02/12/2024
This strategic move is set to effectively cater to the needs of individuals in the realm of digital payments
02/12/2024
Financing Facility aims to enable BGN to procure energy commodities from the UAE
02/12/2024
The deal aims to refinance the existing facilities of the two companies on better terms and lower costs, as well as to support their growth
02/09/2024
UAB deliver 65% growth in FY 2023 net profits
02/09/2024
Collaboration will support the development of products to address the burgeoning demand for cryptocurrency services in the UAE
02/09/2024
With this innovative solution in the payment market, IST and anb reaffirm their dedication to improving accessibility for partially sighted and blind cardholders
02/07/2024
The award underscores NBK’s leadership and dominance in the trade finance market
02/06/2024
Loans and advances were up 13% while customer deposits rose 9%
02/06/2024
The partnership marks a significant milestone in the Digital Transformation journey of Al-Tijari, the second oldest and one of the leading financial institutions in Kuwait.
02/05/2024
The deal aims to refinance existing facilities with better terms and lower financing costs, to support the growth, expansion, and development of the business of Solutions’ subsidiaries in the region
02/05/2024
The bilateral transaction was settled on mBridge, a joint wholesale central bank digital currency (CBDC) project by the Bank for International Settlements (BIS).
02/05/2024
The lender made a net profit of $5.34bln in 2023
02/02/2024
Award recognizes the bank’s long tenor patient debt approach and innovative financing solutions to empower businesses and drive economic impact
02/01/2024
He added that customer deposits increased by nine percent reaching KD 6.5 billion