Roland Berger: Gulf banks reduce bad loans, but underlying credit risks remain
Banks across the GCC have significantly reduced their non-performing loan ratios over the past five years. However, a new…
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Vision Bank launches SME financing to support cross-border trade
Vision Bank, the Abu Dhabi Global Markets (ADGM)-headquartered Islamic bank founded and wholly owned by GII Group, has announced the…
Bahrain Bourse concludes the first edition of its graduate training program "Emerging Talents"
Bahrain Bourse (BHB), a licensed exchange regulated by the Central Bank of Bahrain, hosted an awards ceremony to conclude the…
Saudi banking assets climb to $1.5tn as lending expands
Saudi Arabia’s banking sector continued to grow in July, with total assets reaching SR5.75 trillion ($1.5 trillion), according to the…
Middle East tensions and rate uncertainty keep lid on housing market
“According to Nationwide, UK house prices rose marginally by 0.2% in August, while annual growth increased to 1.6%, taking the…
Sohar International and National Bank of Oman jointly leads $720mln refinancing facility for Phoenix Power
Reinforcing its commitment to supporting Oman’s strategic infrastructure and economic development priorities, Sohar International and National Bank of Oman (NBO),…
Citi’s Services Business Pioneers Live Transactions on Swift’s Ledger, Collaborating with FAB and OCBC to Redefine Always-On Global Payments
Citi, First Abu Dhabi Bank (FAB) and Oversea-Chinese Banking Corporation (OCBC) are the first to conduct live transactions in USD…
Lesha Bank completes acquisition of equity interests in diversified aviation portfolio
Lesha Bank LLC (Public) ("Lesha Bank" or the "Bank"), through its Lesha Aviation Fund, has successfully completed the acquisition of…
ANB plans USD-denominated AT1 Sukuk
Arab National Bank (ANB) plans to issue US dollar-denominated Additional Tier 1 (AT1) capital sukuk under its international AT1 capital…
Jordan Ahli Bank appoints Ahmad Jaradat as head of Personal Banking
Jordan Ahli Bank has announced the appointment of Mr. Ahmad Jaradat as Head of Personal Banking, joining the management team…
Middle East Energy 2026 opens in Dubai, bringing global energy leaders together to power the region’s future
Middle East Energy 2026 officially opened today at Dubai World Trade Centre, celebrating the landmark 50th edition of the region’s…
CBUAE strengthens UAE’s role in G20 financial stability efforts
The Central Bank of the UAE (CBUAE) concluded its participation in the Fourth G20 Finance and Central Bank Deputies Meeting…