Grant Thornton partners with Australian IT company Oreta in UAE market
Grant Thornton’s UAE business has inked a partnership with Oreta, an Australian IT company that specializes in cloud, cybersecurity and…
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Bahrain’s NBB begins proceedings in potential merger with Bank of Bahrain and Kuwait
National Bank of Bahrain, which began to explore a potential merger with the Bank of Bahrain and Kuwait earlier this…
Gulf Bank holds its third quarter 2024 Earnings Webcast
Waleed Khaled Mandani: Kuwait's financial system remains resilient, bolstered by stable oil prices and the government’s renewed commitment to economic…
Salt Edge Partners With Spire to Help Bahraini Banks Extend Open Banking to Corporate Accounts
Spire, a fintech leveraging open banking to make financial services accessible, is joining forces with Salt Edge, the financial API…
Bahrain's Arcapita and Khaleeji Bank sign $50mln financing facility deal
Arcapita Group Holdings (Arcapita), a global alternative investment firm, has signed a $50 million asset-backed financing facility agreement with Khaleeji…
QCB grants sandbox entry approval to Ajyal FinTech Solutions
Qatar Central Bank has recently granted sandbox entry approval for Ajyal FinTech Solutions LLC (Wafir) in line with the third…
Amlak Q3 net profit plummets over five-fold to $14.4mln
Amlak Finance’s third-quarter (Q3) net profit plummeted over five-fold to AED53 million ($14.4 million) as compared to a Q3 2023…
Dubai Islamic Bank nine month 2024 group financial results
Strong growth in Total Income by 17% YoY to AED 17 billion. Pre-Tax Profit of AED 6 billion, a robust…
Jeel and audax partner to launch BaaS, Open Banking solutions in Saudi Arabia
Jeel, Riyad Bank’s digital innovation arm, and audax, a digital banking technology solutions provider backed by Standard Chartered, have entered…
Al Faisal Al Baladi Holding launched
Senyar Trading & Distribution Company and Al Baladi Holding announced the launch of their strategic partnership under the name of…
Capital Gate Advisors strengthens public policy offering with Tim Fox
Capital Gate Advisors, a strategic and financial communications from the Middle East, has strengthened its partner team with Tim Fox.…
Al Salam Bank Launches ASB Capital: A New Asset Management Firm in the DIFC with AUMs of USD 4.5 Billion
Al Salam Bank, Bahrain's largest Islamic bank, announces the launch of ASB Capital, a newly established Category 3A asset management…