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FinTech

Vision Bank becomes operational with Finastra's cloud-native, Islamic banking treasury solution

March 20, 2025

Vision Bank, a Sharia-compliant digital bank in Saudi Arabia, has successfully launched its pilot phase operations using Finastra Kondor and…

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Retail Banking

Al Ahli Bank of Kuwait-Egypt signs a long-term partnership with Visa to expand digital payment solutions

March 20, 2025

ABK-Egypt announced the signing of a long-term strategic partnership agreement with Visa, a global leader in payment technology and digital…

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Executive Moves

David Kneeshaw to retire as IFGL CEO

March 20, 2025

David Kneeshaw is to step down as IFGL’s CEO at the end of April 2025, after 21 years in the…

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Executive Moves

Gulf Bank appoints Bader Al-Ali as General Manager of Consumer Banking and Faisal Al-Gharabally as General Manager of International Banking

March 20, 2025

Following the approval of the Central Bank of Kuwait, Gulf Bank has announced the appointment of Mr. Bader Al-Ali as…

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Regulation, Risk & Compliance

FRA approves fintech integration for 8 non-banking financial, brokerage firms

March 19, 2025

The Financial Regulatory Authority’s  fintech committee has approved the integration of financial technology into the operations of three brokerage firms,…

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Retail Banking

Loans extended by Bahrain banks increase 4.6% in 2024

March 19, 2025

The outstanding balance of total loans and credit facilities extended to resident economic sectors by banks in Bahrain increased to…

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Hedge Funds & Alternative Investments

The Financial Academy Of KSA receives accreditation by Chartered Insurance Institute

March 19, 2025

This official recognition endorses the FA’s adherence to CII best practice and principles in professional training and development, positioning it…

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Islamic Finance

Gulf Islamic Investments to double investment in the US

March 19, 2025

Gulf Islamic Investments group aims to double its existing portfolio of $750 million in the US through new investments in…

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Islamic Finance

Gulf banks seal refinancing trades

March 19, 2025

Two Gulf banks breezed through the US dollar primary market on Tuesday, one issuing sukuk, the other in conventional format…

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Executive Moves

Qatar Stock Exchange appoints new CEO

March 19, 2025

The Board of Directors of Qatar Stock Exchange (QSE) has announced the appointment of Abdullah Muhammad Al Ansari (pictured) as…

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Hedge Funds & Alternative Investments

OECD predicts 3.8% economic growth for Saudi Arabia in 2025

March 19, 2025

Saudi Arabia’s economy is poised for substantial growth, with its gross domestic product projected to increase from 1.2 percent in…

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Retail Banking

First Abu Dhabi Bank: Comprehensive company overview

March 19, 2025

First Abu Dhabi Bank  operates as the largest financial institution within the United Arab Emirates  by providing complete financial services…

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