Proven APIs Hold the Key to Open Banking Success in Bahrain
Bahrain’s Open Banking compliance deadline of 30th June is rolling round quickly and its regulator, the Central Bank of Bahrain…
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QIB honoured as 'Best Islamic Financial Institution' in Qatar and Sudan
Qatar Islamic Bank (QIB) has been recognised as the 'Best Islamic Financial Institution in Qatar and the 'Best Islamic Financial…
Doha Bank focused on redefining asset allocation model: Seetharaman
Doha Bank selectively focusing on lending across various sectors to build quality loan book, says CEO Doha Bank is now…
Dubai plans single licence to operate in all free zones
Members of the Dubai Free Zones Council have reached a preliminary agreement on a new initiative to make it easier…
Saudi Arabia's STCPay reveals new board of directors
The new board of directors will be headed by Khalid Bin Sulaiman Al Jasser, supported by six experts in banking…
Turkey presses banks to agree high-stakes bailout of bad energy loans
Turkey's plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year's…
Bahrain's Al Baraka Group Q1 profit falls as income from units drop
Al Baraka Banking Group has reported a 28 per cent fall in the first-quarter net profit as income from some…
UAE's Amanat says Q1 net profit rises by 43%
Amanat Holdings, the GCC’s largest healthcare and education investment company, has announced a first quarter net profit of AED20.7 million,…
Oman establishes credit rating agency
A new Royal Decree will see Oman establish an independent authority, Oman Credit bureau, which will be responsible for rating…
Bank Nizwa appoints new Chief Financial Officer and Head of Compliance
As part of Bank Nizwa’s strategy to nurture and promote Omani talent, the Board of Directors of Oman’s first Islamic…
Bank ABC Islamic announces 16.8% increase in first quarter net profit
Bank ABC Islamic has announced its results for the first quarter of 2019: Business Performance Net profit for…
Dubai Banks Are Said to Hire HSBC and Barclays for Merger Talks
Dubai Islamic Bank PJSC hired HSBC Holdings Plc to advise on its possible acquisition of smaller rival Noor Bank PJSC,…