Saudi banks’ June profits hit record $2.63bn amid loan growth, digital boom
Saudi Arabia’s banking sector maintained its momentum in June, as aggregate profits before zakat and taxes climbed to SR 9.9 billion ($2.63…
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Al Baraka Bank Egypt reports outstanding H1 2025 results
The standalone financial results of Al Baraka Bank Egypt have revealed an exceptional performance during the first half of 2025,…
Bank Nizwa reinforces human capital development with second NANMU program for employees
Reaffirming its resolute dedication to nurturing high-caliber talent and cultivating deep-rooted capabilities within the Islamic banking sector, Bank Nizwa, the…
UAE closes in on launch of Digital Dirham
The United Arab Emirates is closing in on the phased launch of its Digital Dirham central bank digital currency. …
Banque Misr Supports Kasr Al-Ainy Hospital with EGP 124M for Critical Care Upgrade
To ensure Banque Misr's commitment to enhancing the quality of medical and therapeutic services offered at Kasr Al-Ainy University Hospital,…
EFG Hermes advises MDP on a new investment led by Lorax Capital Partners
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced…
NBF appoints Mohamed Al Ameeri as Chief Human Resources Officer
The National Bank of Fujairah (NBF) is pleased to announce the appointment of Mr. Mohamed Al Ameeri as its new…
CINET showcases its credit analytics experience at the 19th meeting of the Arab Committee on Credit Information
Kuwait Credit Information Network Company (CINET) participated in the 19th meeting of the Arab Committee on Credit Information, organized by…
Arab Bank named "Middle East Winner" at The Banker’s Technology Awards 2025
The Banker magazine, owned by the Financial Times and based in London, named Arab Bank the “Middle East winner” at…
QNB expects deflation to dominate future macro trends
Qatar National Bank group said that secular deflationary forces, particularly from technological progress, automation, and the digitization of services, are…
Marex appoints Emea global capital introduction team
Trading firm Marex has appointed Chris Lloyd to its growing global capital introduction team. Based in London, with a focus…
Dubai joins the world’s top 10 cities where the ultra-wealthy buy second homes
If you had $30 million or more, where would you buy your next home? For a growing number of…