Gulf Bank reopens Al-Sabahiya branch following comprehensive renovation
Basel Al-Assad: Renovated Branches Feature Modern Design and Advanced, Fast Banking Services As part of its ongoing efforts to promote…
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Islamic bank Mal raises $230M in Gulf’s largest seed round
Mal, an Abu Dhabi-based Islamic digital bank, raised $230 million in the biggest ever seed round in the Gulf. …
CBK mandates auditor rotation for exchange companies every three years
In a move to strengthen governance and safeguard the integrity of financial transactions, the Central Bank of Kuwait (CBK) has…
WRISE Group Establishes Strategic Alliance with The Continental Group to Democratise Access to Private Banking in the UAE
WRISE Group has announced a strategic alliance with The Continental Group, one of the Middle East's largest and most established…
Former partners lead takeover of wealth manager Octogone
Wealth manager Octogone Gestion has undergone a takeover, Citywire can reveal. It is a management buyout led by the…
Sharjah’s property sector breaks records with Dh65.6 billion in deals
Sharjah’s real estate market reached a new peak in 2025, recording the highest trading value in its history at Dh65.6…
Commercial Bank reports net profit before Pillar Two Tax of QR2,384.4m
The Commercial Bank and its subsidiaries (the “Group”) announced yesterday its financial results for the year ended 31 December 2025.…
Emirates NBD issues Dh1 billion first-ever digital bond in MENA
Emirates NBD has issued Dh1 billion in 3-year fixed-rate Digitally Native Notes (DNNs). This marks the first AED-denominated digital bond…
Jordan Ahli Bank joins Credit Plus to enhance supply chain finance and Aavance digital banking solutions
Jordan Ahli Bank Jordan Ahli Bank has officially joined the Credit Plus supply chain finance platform, in a strategic step…
AfDB to provide Egypt with $170M for private sector, budget support
Egypt and the African Development Bank (AfDB) signed a $170 million agreement for the second phase of the Private Sector…
FABMISR rolls out POS payment service to promote Egypt’s financial inclusion
The First Abu Dhabi Bank Misr has launched its new electronic point-of-sale (POS) payment service to reinforce Egypt’s digital payment…
Aafaq rolls out World Elite Mastercard credit card
Mastercard has joined Aafaq Islamic Finance (Aafaq) in a strategic collaboration aimed at supporting the launch of a new variant…