BankDhofar named ‘Best Customer-Centric Banking Brand – Oman 2025’
Adding to its growing list of accolades for customer service excellence, BankDhofar has been named the “Best Customer-Centric Banking Brand…
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Oman embraces cashless future as mobile payments surge
Oman is witnessing a shift in how its citizens transact, with mobile wallets rapidly replacing cash across markets, remittances, and…
Al Baraka Islamic Bank returns to Q2 profitability
Al Baraka Islamic Bank has announced its financial results for the second quarter of 2025, recording a notable turnaround from…
Private equity, venture capital investments in Israel on the rise
Global private equity and venture capital investments in Israel are on the rise, totaling $5.07 billion across 129 deals between…
Cognite expands global footprint with new Abu Dhabi entity to accelerate industrial AI adoption in the region
Cognite has announced it will incorporate a new entity in Abu Dhabi. This strategic expansion is designed to meet the…
Why banks hold the key to the energy transition amid oil glut
As we go deeper into the second half of 2025, global energy markets continue to contend with a fundamental mismatch:…
HSBC unit to halt services to ‘high risk’ Middle East wealthy clients
HSBC Holdings’ Swiss private bank reportedly plans to stop offering services to some wealthy Middle Eastern clients, citing “high risk”.…
Saudi Arabian bank, SAB launches first Islamic Repo on blockchain
Saudi Arabian bank, Saudi Awwal Bank, a Riyadh-based Saudi joint stock company in which global banking group HSBC owns a…
Turkish central bank’s reserves grow to record $176B as foreign equity inflows continue
The Central Bank of the Republic of Türkiye increased its total reserves to an all-time high of $176.51 billion in…
Jordan Kuwait Bank Named Best Customer-Centric Bank Jordan 2025 by International Business Magazine
International Business Magazine announces Jordan Kuwait Bank as the winner of the award title- Best Customer-centric Bank Jordan 2025. …
CBE reports uptick in foreign assets and reserves in mid-2025, NFAs hit $10.49B in July
Egypt’s external financial indicators continued to show positive momentum in mid-2025, with official data pointing to further gains in foreign…
Bank NXT launches private segment for high-net-worth clients in Egypt
Bank NXT, a provider of retail and corporate banking solutions in Egypt, has introduced its new private segment, aimed at…