All Articles

Retail Banking

Masraf Al Rayan unveils "AlRayan Bank": A new identity embodying the future of modern Islamic banking

November 28, 2024

In the esteemed presence of H.E. Sheikh Bandar bin Mohammed bin Saoud Al Thani, Governor of Qatar Central Bank, along…

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Regulation, Risk & Compliance

New regulations reinforce Dubai’s progressive virtual assets landscape

November 28, 2024

The United Arab Emirates , particularly Dubai, has positioned itself as a global hub for virtual assets, having established a…

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Financial Results

UAE’s net wealth reached $2.9trln in 2023, reveals BCG Global Wealth Report

November 28, 2024

The UAE continues to experience impressive growth and is on track to become the sixth-largest booking center in the world…

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FinTech

UAE's Emirates NBD, Mashreq invest in LoanBook owner NewBridge Fintech Solutions

November 27, 2024

UAE banks Emirates NBD and Mashreq have taken stakes in NewBridge Fintech Solutions, which owns LoanBook specializing in syndicated loans…

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Uncategorized

NBK Wealth hosts exclusive forum featuring global investment leaders

November 27, 2024

Al-Hamad:   Hosting this key event is a testament to NBK Wealth’s reliability as a trusted partner in navigating market…

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Comment & Analysis

Bahrain leads global innovation in open banking with the Benefit company, Tarabut and Flooss

November 27, 2024

 In a groundbreaking partnership, BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, and Tarabut…

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Regulation, Risk & Compliance

Saudi Arabia approves FY2025 budget, forecasts $27bn deficit amid expansionary spending

November 27, 2024

Saudi Arabia on Tuesday approved the state budget for fiscal year 2025 with revenues projected at SR1.18 trillion ($315.73 billion)…

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Financial Results

Qatar banks record quarterly rise of 6.2% in net interest income

November 27, 2024

The aggregate net interest income reported by banks listed in the Gulf Cooperation Council (GCC) reached a new record high…

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FinTech

Qatar Development Bank invests in Islamic FinTech Wahed

November 27, 2024

QDB, Qatar Development Bank, has announced a strategic investment in Wahed, a worldwide financial company that complies with Shariah.  …

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FinTech

Geidea to launch its SoftPos service in Egypt

November 27, 2024

Geidea, a provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service in…

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Uncategorized

HSBC GPB opens new office in Kuwait

November 27, 2024

HSBC Global Private Banking opened its office doors in Kuwait this month, marking its latest expansion into the Middle East…

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Executive Moves

OCO Global appoints Mohammad Raza as Managing Director for Middle East

November 26, 2024

International economic development consultancy OCO Global has brought Mohammad Raza on board from EY as its new Managing Director for…

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