QNB recognised as Qatar’s leading Trade Finance Provider by GTR magazine
QNB Group, The largest financial institution in the Middle East and Africa, has been named “Best Trade Finance Bank” in…
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Capital Union Bank launches in Abu Dhabi
Capital Union Bank, a Bahamas-incorporated wealth management bank, opened its first international branch in the Middle East, headed by new…
How digital banking is driving the UAE's sustainability agenda
As the UAE aims to mobilize over AED 1 trillion in sustainable financing by 2030, Abbas Basrai – partner and…
UAE Central Bank revokes licence of Muthoot Exchange for violating standards
The Central Bank of the UAE revoked the licence of Muthoot Exchange, an exchange house operating in the UAE and…
First Abu Dhabi Bank sets final terms on $20mln 10-year notes
First Abu Dhabi Bank has set the final terms for its senior unsecured $20 million fixed-rate notes due 22 August…
Ajman Bank appoints Hend Al Ali as its new EVP – CHRO to strengthen its Human Capital
Ajman Bank has announced the appointment of Hend Al Ali as its new Executive Vice-President - CHRO. A seasoned Emirati…
AXA insurance firm completes divestment from Israel banks, arms manufacturers
Multinational insurance firm, AXA, has reportedly sold off all its investments in Israeli banks and arms manufacturers, following a persistent…
Kuwaiti banks’ M&A activities to unlock growth opportunities: Fitch
The surge in mergers and acquisitions among Kuwaiti banks is reshaping the nation’s crowded financial sector, according to Fitch Ratings.…
Key retail outlets see stronger-than-expected demand
Qatar’s retail industry witnessed a robust demand in prime areas, while the market experienced an oversupply from April to June. …
International Islamic Banking Forum successfully concluded in Ethiopia
The 5th International Interest-Free Banking & Takaful Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE), successfully took…
Kuwait Finance House to sell its stake in Sharjah Islamic Bank for $351m
Kuwait Finance House has agreed to sell its 18.18 percent stake in the UAE’s Sharjah Islamic Bank for 1.29 billion…
Emirates NBD bolsters Singapore wealth team
Dubai-based state-owned bank Emirates NBD has appointed a head of wealth management for Singapore. Sameer Deshpande will be responsible…