UAE Central Bank penalizes finance firm Dh600,000 for regulatory violations
The Central Bank of the UAE has imposed a penalty of Dh600,000 on a finance company for violating regulatory standards,…
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Khaleeji Bank reports net profit attributable to shareholders of BD5.614mln for H1 2025
Khaleeji Bank (Trading Code: KHALEEJI) has announced its financial results for the second quarter of 2025, reporting net profit attributable…
Tarabut Secures In-Principle Approval from the Central Bank of the UAE, Marking a Milestone for Embedded Finance and Financial Inclusion
Tarabut, MENA’s leading open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United…
Saudi central bank submits new banking draft law to legislative authorities
Saudi Arabia’s central bank has submitted a new banking draft law to legislative authorities, marking a significant step in strengthening…
B2B opens a new window into Egypt’s real estate market through the gateway of Oman
Mr. Nehad Adel, Chairman of B2B for Real Estate Consultancy and Investment Advisory, stated that among the growing momentum in…
This marks the highest level of foreign currency reserves ever recorded in Egypt
Aldar Properties, the leading real estate developer in Abu Dhabi, posted strong gains in the first half of the year.…
Bank of Sharjah appoints Paul Cox as Chief Retail Banking Officer
Bank of Sharjah has announced the appointment of Mr. Paul Cox as its new Chief Retail Banking Officer, marking a…
DIB Reports robust H1’25 financial results, with operating revenue of AED6.4bln driving a 16% increase in pre-tax profit to AED4.3bln
Significantly improved asset quality Balance sheet expands beyond the USD 100 Billion mark Key H1’25 Performance Metrics *YoY refers…
Egypt’s net international reserves hit record $49.04bn in July: CBE
The Central Bank of Egypt announced on Tuesday that the country’s net international reserves climbed to $49.036bn in July 2025,…
Bahrain Development Bank bags two wins at Asian Banking & Finance Retail Banking Awards 2025
The financial institution emerged as the recipient of the SME Bank of the Year - Bahrain and SME Digital Innovation…
AES appoints Andrew Bates as CEO of AES Private Wealth and Family Office
AES has delighted to announced the appointment of Andrew Bates as CEO of AES Private Wealth and Family Office, effective…
DIB partners with Visa
Abu Dhabi Islamic Bank with Visa, a global leader in digital payments, to launch Remit!, a new real-time cross-border money…