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Executive Moves

EBRD appoints Hashem Abdel Hakim Director for the eastern Mediterranean region

July 24, 2026

The European Bank for Reconstruction and Development has appointed Hashem Abdel Hakim as the Regional Director for its eastern Mediterranean…

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Executive Moves

Nahda Capital Partners appoints Anders Moberg and Ahmed Al Naqbi to its investment committee as the firm advances its proprietary GCC pipeline

July 24, 2026

Nahda Capital Partners has announced the appointment of two senior independent Investment Committee members, Anders Moberg and Ahmed Al Naqbi,…

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Investment Banking

Saudi banks' profits rise 8.2% in Q2 2026 to SAR 24.9 billion

July 24, 2026

A survey conducted by Maaal of the results of the ten Saudi banks listed on the Saudi Stock Exchange (Tadawul)…

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Executive Moves

AIG appoints Karim Abdin to Head the Commercial Sector and unveils its expansion plans

July 24, 2026

Aliaa Investments Global has announced the appointment of Karim Abdin as Head of the Commercial Sector, a move reflecting the…

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Executive Moves

MUFG EMEA appoints Rishi Nihalani as Head of Infrastructure, Structured Finance

July 24, 2026

MUFG EMEA has announced the appointment of Rishi Nihalani as Managing Director, Head of Infrastructure, Structured Finance, for EMEA. Rishi's…

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Retail Banking

Dhofar Islamic crowned Oman's best Islamic Retail Bank for 2026

July 23, 2026

Dhofar Islamic has been named Oman's Best Islamic Retail Bank at the MENA Banking Excellence Awards 2026 – Retail, Digital…

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Financial Results

FAB delivers 7% growth in H1’26 operating income to AED 19.50bln and a profit before tax of AED 13.20bln

July 23, 2026

RoTE remained firmly above the Group's medium-term guidance at 18.5% First Abu Dhabi Bank (FAB) the UAE’s global bank and…

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Retail Banking

United Arab Bank Achieves Dh201 Million Profit in H1 2026

July 23, 2026

United Arab Bank has reported a robust profit of Dh201 million for the first half of 2026, underscoring the institution’s…

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Awards and Recognition

QNB Egypt wins 12 prestigious international awards in 2026, reinforcing Its excellence and leadership across banking sectors

July 23, 2026

QNB Egypt has won 12 prestigious international awards during 2026 from leading global financial institutions.    The awards reaffirm the…

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Investment Banking

Lesha Bank records net profit of QAR 123.7mln for H1 2026, reflecting 50.1% year-on-year growth

July 23, 2026

Lesha Bank Group has announced its financial results for the six-month period ended 30 June 2026, reporting a net profit…

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Awards and Recognition

International Finance recognises Commercial Bank for digital leadership

July 23, 2026

Commercial Bank has been recognised with two awards by International Finance for ‘Best Mobile Banking App’ and ‘Most Innovative Use…

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Financial Results

Al Rayan Bank reports QR687mn net profit for H1

July 23, 2026

Al Rayan Bank posted a QR687mn net profit for H1 2026. Earnings per share stood at QR0.074 in H1 2026,…

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