Saudi bank loans increase by 11% to hit $734bn
Saudi Arabia’s banking sector loans increased to SR2.75 trillion ($733.82 billion) in June, marking an annual 11.35 percent rise, official…
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Knight Frank adds veteran Ian Sinclair to Saudi partner team
Knight Frank has expanded its partner team in Saudi Arabia with industry veteran Ian Sinclair. Appointed as Head of…
The road ahead for banks in the GCC region: 7 priorities
GCC banks are currently in strong shape, and have over outperformed their global counterparts over the past several years. Yet…
Kuwait’s Boubyan Bank selects Temenos to modernize retail, corporate and private banking platform
Temenos has announced that Boubyan Bank, the second largest Islamic bank in Kuwait, has selected Temenos to modernize its core…
Ultra-net-worth, high-net-worth individuals fuel UAE’s strong investment activity
The UAE’s position as the world’s top wealth magnet is being reinforced by increased investments on the Dubai Financial Market…
Egyptian lending marketplace Qardy secures pre-Seed investment
Qardy offers a wide range of tailored financial programs from a network of commercial banks, leasing, factoring, and micro-finance companies,…
PwC Middle East survey highlights gap between companies’ ESG initiatives and employee priorities
92% of employees in the Middle East are more likely to stay with their employers if total rewards were enhanced,…
Fortinet appoints Joe Sarno as Executive Vice-President of International Sales
Fortinet has announced the appointment of Joe Sarno as Executive Vice-President (EVP) of International Sales. In this role, Joe will…
Ezdan Holding Group achieves major milestone in comprehensive digital transformation
Ezdan Holding Group announced the implementation of a qualitative leap in digital transformations aimed at enhancing operational and administrative efficiency…
Orient Insurance KSA appoints Turki Bin Mamdouh Alshahrani as new CEO
Orient Insurance, the largest listed insurer in the United Arab Emirates (UAE) and a part of Al-Futtaim Group, has appointed…
Ministry of Finance achieves advanced ranking in institutional resilience
This achievement aligns with government plans to enhance the UAE's flexibility in adapting to global developments. MoF ranks among the…
NBK provides a detailed presentation of the ‘Let’s Be Aware’ campaign to the interns of ‘NBK Aspire’ 2024
Al-Amad: Enable Two-Factor Authentication (2FA) to add an extra layer of security to your bank accounts Monitor your account activity…