ADIB inks key Abu Dhabi housing finance agreement
Abu Dhabi Islamic Bank has signed an agreement with the Abu Dhabi Housing Authority to provide top-up home financing solutions…
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Core banking tech vendor Tuum to power Uptex Bank debut in Oman
Oliver Business Development Holding in Oman has enlisted Estonian core banking software vendor Tuum to power its new e-banking venture…
Kuwait Renews $2 Billion Deposit with Egypt’s Central Bank
The Central Bank of Egypt announced that Kuwait has renewed a $2 billion deposit for an additional year, extending its…
Federal Tax Authority organises “Innovation Retreat” on Taxes’ 'Zero Digital Bureaucracy'
The Federal Tax Authority's “FTA's Innovation Team”, in collaboration with the '01Gov' platform, recently organised an employee retreat as part…
NBB appoints new head of Prestige Banking
National Bank of Bahrain has appointed Yusuf Ahmed Abdulla as Head of Prestige Banking within its Retail Banking Division. …
Absa Business Banking Selects Network International to Drive Digital Payments Innovation Across Africa
Network will provide Absa Business Banking with end-to-end payment processing capabilities through a single payments platform and fully outsourced managed…
Al Salam Bank announces record profits for H1 2025
Al Salam Bank has announced net profits attributable to shareholders of USD 98.2 million for the six-month period ended 30…
Bank ABC net profit reaches $152mln; assets hit historic $48bln
Bank ABC (Arab Banking Corporation) continued its resilient performance, against a backdrop of continuing global economic uncertainty, with an H1…
Standard Chartered expands MENA custody network with Egypt launch
Standard Chartered has announced the launch of its direct custody services in Egypt, further expanding its global post-trade offering across…
Gulf Region Keeps Art Investments Alive
While alternative investments like paintings or diamond jewelry struggle elsewhere, the market for the creme on the cake in an…
PIF continued to drive the economic transformation of Saudi Arabia while shaping global economies in 2024, growing AuM by 19%
Cumulative investments in priority sectors have exceeded $171 billion since 2021 PIF has published its 2024 Annual Report showing strong…
QIC Group reports 6 percent rise in net profit for first half of 2025
Qatar Insurance Group, the leading insurer in Qatar and the Middle East and North Africa (MENA) region, yesterday reported a…