Top 20 Middle East and Africa banks by market cap, Q2 2025
Banks in the United Arab Emirates and Israel recorded the highest quarter-over-quarter increase in market capitalization among peers in the…
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Saudi Arabia issues over 80k new commercial licenses in Q2 as business activity accelerates
Saudi Arabia issued more than 80,000 new commercial registrations in the second quarter of 2025, pushing the total number of…
Barclays names Co-CEOs of the Middle East
Barclays today announces that Khaled El Dabag and Walid Mezher have been named as Co-CEOs of the Middle East region.…
World Bank Group Opens its First Office in Oman
The World Bank Group has opened a permanent office in Muscat to provide advisory services and monitor projects financed by…
UAE participates in BRICS Finance Ministers and Central Bank Governors Meeting under Brazil’s presidency
“We are committed to strengthening dialogue on the future of the global financial system and developing multilateral cooperation frameworks to…
EFG Hermes advises on the signing of landmark $190mln investment in Alameda Healthcare by DPI
EFG Hermes has announced that its investment banking division acted as the Sole M&A Financial Advisor on the signing of…
Oman’s banking sector strengthens with 8% credit growth
Oman’s banking sector showed robust growth by May, with total credit rising 8 percent to 33.6 billion Omani rials ($87.36…
Dubai Investments announces key leadership appointments
Dubai Investments PJSC has announced the appointment of Mushtaq Masood as Chief Operating Officer (COO), succeeding his previous position as…
World Bank Group appoints new Country Manager for Qatar
The World Bank Group announced the appointment of Holly Welborn Benner as the World Bank Group Country Manager for the…
Khaleeji Bank signs MoU with Euro University Bahrain to provide innovative education financing solutions
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced the signing of a…
World Bank Group appoints new Country Manager for Lebanon
The World Bank Group announced today the appointment of Enrique Blanco Armas as World Bank Group Country Manager for Lebanon.…
Commercial Bank awarded ‘Most Innovative Use of AI Technology’
Commercial Bank, a leader in innovative digital financial solutions, has been recognised as the “Most Innovative Use of AI Technology…