Egypt’s Midbank completes core banking migration with Temenos
Temenos has announced that MIDBANK has successfully gone live with Temenos, completing a full replacement of its legacy systems with…
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Kuwait's KFH reports net profit of $1.11bln for H1 2025
Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq announced that KFH achieved a net profit of KD 342.1 million for…
EazyPay, Mastercard boost B2B payments in Bahrain
Eazy Financial Services (EazyPay) has partnered with Mastercard and launched Mastercard Receivables Manager to accelerate digital transformation in Bahrain’s financial…
Egypt’s CIB Eyes Another 50 Years of Leadership
Commercial International Bank has built a legacy of shaping Egypt’s banking industry. Hisham Ezz Al-Arab, chief executive officer, reflects on…
QIIB wins 2025 ‘Leadership Award for Sustainable Islamic Finance’
QIIB has been awarded the 2025 “Leadership Award for Sustainable Islamic Finance” in Qatar by the Union of Arab Banks,…
AI in Finance Awards 2025 | Consumer Banking
From rule-based to responsive. AI is transforming consumer lending. But to succeed, human capital must be as big a priority…
Barwa Real Estate posts net profit of QR560m in H1
Barwa Real Estate disclosed its financial statements for the six month period (H1) ended June 30, 2025. The results showed…
IBM report: Data breach costs drop 18% in the Middle East, reaching SAR 27mln in 2025
IBM (NYSE:IBM) released its 2025 Cost of a Data Breach Report, revealing that the average cost of a data breach…
PwC Middle East announces Riyadh Al Najjar’s appointment to the PwC Global Board
PwC Middle East announces that Riyadh Al Najjar, Chairman of the Board and Saudi Arabia Country Senior Partner, has been…
Global growth forecast rises slightly, inflation set to ease by 2026
Global economic growth is expected to pick up slightly in the coming years, according to the International Monetary Fund’s (IMF)…
New Bain & Company analysis details how buyers can unlock full value from carved-out businesses
Bain & Company’s latest insights, You’ve Decided to Buy a Carved-Out Business. Now What?, examine how acquirers can harness the…
Rakbank becomes the first UAE bank to offer crypto trading for retail
The National Bank of Ras Al Khaimah (Rakbank), a government-owned bank in the United Arab Emirates (UAE), is the first…