Qatar credit growth tops $274.6bn in 2020 says CB chief
The Qatari central bank governor said domestic credit growth exceeded QR1 trillion ($274.57 billion) last year, shrugging off the impact…
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First Digital goes live as Israel's first new bank since 1978
First Digital Bank, the first new bank in Israel since 1978, started operations on Sunday on a trial basis, and…
KIB nabs 'Kuwait Deal of the Year 2020' award from IFN
Kuwait International Bank (KIB) recently added another milestone to its already impressive track record of prestigious awards and honors, by…
GCC banks brace for new wave of mergers after ‘triple shock’ to profitability
The GCC banking sector is bracing for a second wave of mergers and acquisitions (M&A) after suffering a triple shock…
Eid & Al Saidi join NBK Board of Directors
New board members have extensive experience in economics, banking, and investments NBK is always committed to upholding the best…
Egypt launches 1st regional centre for sustainable finance to complete Knowledge Hub
Mohamed Omran, Chairperson of Egypt’s Financial Regulatory Authority (FRA), has issued a decision to establish the Regional Centre for Sustainable…
Alawwal & SABB fully integrate in historic bank merger
SABB and Alawwal bank completed their historic merger on March 14, with all products and services now combined for all…
Saudi's Alandalus Property appoints chairman and vice chairman
Saudi Arabia’s Alandalus Property has announced the appointment of its chairman and vice chairman for a new three-year term. …
Middle East's regulated Crypto-Asset Trading Platform, CoinMENA has officially launched
Only a few weeks after securing the “Crypto-Asset Services Company License – Category 2” from the Central Bank of Bahrain,…
Top regional debt management firm makes its debut in America
Launched in 2010, First Solution celebrated its 10 -year anniversary with a momentous milestone, launching itself in the United States,…
SHUAA Capital leads USD 50 million Sukuk funding round for Pure Harvest Smart Farms
SHUAA Capital has led a USD 50 million structured Sukuk for Pure Harvest Smart Farms, the world-leading, sustainable technology-enabled agribusiness…
Oman to levy 5% VAT from next month
Oman will start implementing five per cent value-added tax (VAT) from April 16, Oman News Agency reported on Sunday …