Bahrain to set up committee to counter money laundering and terrorism
Bahrain will form a committee to counter extremism, money laundering and terrorism, under a royal decree announced on Sunday. …
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Qatar- QNB earns two prestigious GBO awards
QNB Group, the largest financial institution in the Middle East and Africa, recently received two prestigious awards from Global Business…
QIB continues to introduce new features on its award-winning mobile application
Qatar Islamic Bank (QIB) has introduced new features to its award-winning Mobile App, in line with the bank’s ongoing efforts…
Bahrain Seen Needing More Gulf Aid as It’s Downgraded by Fitch
Bahrain received its first downgrade in over two years from Fitch Ratings, which said it will likely “require further Gulf…
DIB Egypt's profit down 19% in H1-20
Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) reported a 19.4% year-on-year (YoY) drop in its net profits, logging EGP…
Before the ink dries: Everything you need to know about the UAE’s economy
The United Arab Emirates is an impressive economic success story. The sovereign state at the northeast end of the Arabian…
Burgan Bank Announces First Quarter and Half Year Results of 2020
Burgan Bank Group (“Burgan”) announced today its Q1’20 and H1’20 earnings for the financial year 2020. For the period Q1’20…
Bank Nizwa records 37% growth in net profits
Bank Nizwa, the leading and the most trusted Islamic bank in Oman continued its successful journey in the first half…
The Fintech Ecosystem of Dubai in 2020
Dubai, the largest city in the United Arab Emirates, is not only the country’s financial and commercial hub but has…
New appointments at OAB group
Oman Arab Bank’s Board of Directors has announced the appointment of Salaam Said Al Shaksy, former CEO of Alizz Islamic…
Algeria turns to Islamic finance to prop up economy
Algeria has launched Islamic finance products in a bid to attract money from the informal market, but bankers warn it…
How the world reacted to UAE, Israel normalising diplomatic ties
The United Arab Emirates has become the first Gulf Arab country to reach a deal on normalising relations with Israel,…