Al Salam Bank Net Profit Grows by 40% to Record Levels
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) achieved record profitability with net profit…
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Bank Nizwa launches tailored priority banking services, enriching banking experiences for high-net-worth clientele
Reaffirming its dedication to delivering unparalleled Sharia-compliant financial solutions to high-net-worth individuals, Bank Nizwa, the leading and most trusted Islamic…
Banque du Caire leads $75mln consortium to finance Cheiron Egypt Delta’s gas field development
A banking consortium led by Banque du Caire, alongside Arab International Bank, Al Baraka Bank Egypt, and saib Bank, has…
Foreign asset surplus in Egypt’s banking sector reaches $5.2bln in 2024
The Central Bank of Egypt reported that the net foreign assets of the Egyptian banking sector recorded a surplus of…
Capital Haus acquires ‘Grow Your Wealth’ in major expansion move
Capital Haus has announced its strategic acquisition of Grow Your Wealth, a specialist in investment advisory, retirement savings, and taxation…
EFG Hermes appoints Dr. Khalid AlSweilem as Chairman of EFG Hermes KSA
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region,…
Ocorian appoints new head of Dubai regulatory compliance provider
Ocorian has appointed Veena Karuthasen as head of Bovill Newgate in Dubai, as it launches Bovill Newgate in the Middle…
Bank of Sharjah acts as joint lead manager & bookrunner in a € 500 mln Bond Issuance for the Government of Sharjah
one of the leading commercial banks in the UAE, has acted as a Joint Lead Manager and Bookrunner in the…
STC Bank: Success in the making for the Saudi telecoms incumbent?
As the first Saudi telco to be licensed as a digital bank, STC Bank has the manoeuvrability to tap into…
Mashreq enters Oman with ‘humility of an old friend, ambition of a partner’
The omnichannel Mashreq Oman Launch campaign was rolled out digitally, across social media channels, well-established newspapers in the region, online…
LuLu Exchange taps Fintech Galaxy for open banking payments in Bahrain
LuLu Exchange, the cross-border payments provider in GCC, has announced a partnership with Fintech Galaxy in Bahrain. The partnership will…
FDI in Oman’s manufacturing sector topsOMR2bn
The contribution of industrial activities to the gross domestic product (GDP) at current prices achieved a remarkable growth, reaching OMR6.09…