UAE Central Bank hits banking entity with 'financial sanction'
A UAE bank has been hit with financial sanctions by the UAE Central Bank for gaps in its internal anti-money…
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NBK reports net profit of KD 134.1mln for 1Q2025
Al-Bahar: Once again, NBK reaffirms its agility in navigating economic shifts The Bank’s strong financial performance reflects the success of…
Bank Nizwa signs MoU with Knowledge Oman
Reaffirming its dedication to raising awareness of Islamic finance and engaging meaningfully with the community, Bank Nizwa, the leading and…
Boubyan Bank records KD 26.5mln in net profits for Q1 2025
Profit Before Tax Grew by 22% to KD 31.4 Million Adel Al-Majed: Boubyan Maintains Its Solid Financial Position & Profit…
GCC Islamic banks to witness more M&A activity in 2025
Islamic bank mergers and acquisitions are expected to rise in the GCC in the short to medium term, driven by…
Invest Qatar and QNB partner to offer tailored services to foreign investors
Invest Qatar, the Investment Promotion Agency of Qatar, and QNB have announced a strategic partnership aimed at enhancing the ease…
QIIB net profit surges 6.3% to QR356.4m in Q1 2025
Chairman of the Board of Directors at QIIB, Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani, announced the bank’s financial…
Oman credit outlook strengthens as OIA reforms drive financial resilience
The Sultanate of Oman's recent credit rating affirmation at BBB- with a positive outlook by Standard & Poor's (March 2025)…
Visa supports cross-border transfers in Bahrain
Visa has launched its Visa+ service in Bahrain, enabling customers to conduct cross-border transfers within the Gulf Cooperation Council (GCC)…
Stc Group to spearhead multicloud tech innovation in MENA with Kyndryl
infrastructure capabilities for customers and partners across the region stc Group will leverage Kyndryl’s expertise to empower organizations with advanced…
QSE index soars to 10,213 level, market capitalisation reaches QR600.59bn
The Qatar Stock Exchange market capitalisation witnessed an uptick yesterday, rising by 0.63 percent to reach QR600.593bn compared to QR596.854bn…
Specialty MGA Africa & Middle East appoints two senior underwriters
Specialty MGA Africa & Middle East, a provider of tailored insurance and reinsurance solutions and part of MNK Group, has…