Oman’s Sohar International seeks potential merger with Ahlibank
Sohar International Bank, headquartered in Muscat, Oman, has announced its interest in pursuing a possible merger with Ahlibank. The…
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Central Bank of Bahrain grants license to BPay Global
The Central Bank of Bahrain has granted BPay Global B.S.C.(c) (BPay Global) a Payment Service Provider (PSP) license to operate…
Dubai's Al Ansari Financial Services completes $200m BFC deal in Bahrain
The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company. The DFM-listed Al Ansari…
RISE division rebrands as APEX Advisory for next phase of growth
The public private initiatives division of RISE has rebranded as APEX Advisory, with the transition marking the kick off the…
UAE banks investments reach $202bln by end of January
The total investments of banks operating in the UAE rose by 1 percent month-on-month, increasing by AED7.3 billion in January…
QNB group profits rise 3% in 2025 Q1
The Qatar National Bank Group announced a 3 percent increase in net profits during the first quarter of 2025, reaching…
AIQ and Gulf Energy Information collaborate to further enrich ENERGYai With industry intelligence
ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access…
Taurus Unveils First Interbank Digital Asset Network
Taurus has unveiled the first interbank digital asset network. Takeaway Points Taurus has unveiled the first interbank digital asset…
Finstreet Limited and Ninety One sign MoU to expand opportunities in financial markets innovation
Finstreet Limited has signed a Memorandum of Understanding (MoU) with Ninety One, a global active investment manager with USD 163billion…
Qatar commercial banks’ assets total QR2.06 trillion in February
The total assets of commercial banks operating in Qatar saw an increase in February 2025 reaching over QR2 trillion according…
Estithmar Holding Q.P.S.C. appoints new group CEO
Estithmar Holding has announced the resignation of Mr. Mohammed bin Bader Al-Sada as the Group Chief Executive Officer. The Board…
CBI launches major private banking reforms
On Monday, the Central Bank of Iraq has announced a comprehensive set of reforms to overhaul the country’s private banking…