IsDB to finance $3bn in 20 socio-economic projects across 17 countries
The Islamic Development Bank is set to finance over $3 billion for 20 socio-economic development projects across 17 member nations,…
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Saudi Arabia’s global pension index score rises amid ongoing reforms: Mercer
Saudi Arabia’s Global Pension Index score improved to 60.5 in 2024, up from 59.5 last year, driven by ongoing reforms,…
Saudi Arabia’s global pension index score rises amid ongoing reforms: Mercer
Saudi Arabia’s Global Pension Index score improved to 60.5 in 2024, up from 59.5 last year, driven by ongoing reforms,…
Ithmaar Bank enables digital onboarding in Bahrain
Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched a new digital onboarding service, allowing new corporate clients to open…
Qatari lenders return to global debt markets to refinance and diversify funding
Despite being well capitalised on the back of high profitability, Qatari banks have been extraordinarily active in the international debt…
AmCham Kuwait hosts "The Future of AI: Revolutionizing the energy and banking & finance sectors" forum
The American Chamber of Commerce Kuwait (AmCham Kuwait) successfully hosted the second installment of its “The Future of AI” forum,…
DIFC Courts launches new suite of digital services at GITEX Global 2024, including Digital Assets Will
Digital Notary Service with primary source verification (PSV) and powered by blockchain Mediation Service Centre to offer online meetings via…
Dukhan Bank reports a net profit of QAR 1.14bln for the nine-month period ended 30 September 2024
Group’s total assets reached QAR 116.7 billion, a highest level achieved in the Bank’s history Robust CAR of 17.4%, well…
NBB Receives 2023 US-Dollar Clearing Recognition Award from J.P. Morgan
The National Bank of Bahrain has received the 2023 J.P. Morgan US-Dollar Clearing Recognition Award for achieving an exceptional Straight-Through…
IMF warns Turkiye of risks to gradual approach to inflation fight
The International Monetary Fund urged Turkiye to accelerate its fight against inflation, highlighting an upcoming wage hike as a potential…
Alijarah Holding Company nine month net profit rises by 15.59% to QR13.69m
Alijarah Holding Company disclosed its financial results for the period ending September 30, 2024, reporting a 15.59% increase in net…
Gulf Bank honored with Best Next-Generation Offering award at the 2024 Private Banker International Global Wealth Awards in Singapore
Gulf Bank has received international recognition for its outstanding banking services by winning the Best Next-Generation Offering Award at the…