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:…
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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…
Tenable names Matthew Brown as Chief Financial Officer
Tenable has announced the appointment of Matthew Brown as Chief Financial Officer, effective immediately. Brown succeeds Steve Vintz, who recently…
ADGM launches ‘Real Estate Advertising Permit’ service in collaboration with Madhmoun
ADGM, the international financial centre of Abu Dhabi, has announced the launch of the ‘Advertising Permit’ service on ADGM’s AccessRP…
Standard Chartered eyes affluent growth via digital wealth-lending and global network
Standard Chartered is sharpening its affluent and wealth management strategy by combining its global network, digital platforms and bespoke wealth…
NBK was honored with three new global finance magazine awards
The Bank was recognized as: Best Online Payments Solution in Kuwait Best Online Product Offerings in Kuwait …
Oman Arab Bank unveils exclusive offers to mark the reopening of Al Buraimi branch
Oman Arab Bank is pleased to announce the launch of a limited-time promotional campaign at one of its strategically important…