Saudi banks’ money supply increases 9% in June to reach $773bn
Saudi banks’ money supply rose 9 percent in June compared to the same month of 2023 to reach SR2.9 trillion…
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Kuwaiti lenders Boubyan Bank and Gulf Bank weigh merger
Kuwaiti lenders Boubyan Bank and Gulf Bank are weighing a merger to create a single Islamic bank with $53 billion…
BankDhofar gets closer to its customers at Sohar with two new branches
Bank Dhofar has opened two branches in Sohar aimed at meeting the needs of both individuals and large corporations. The…
AlShamlan: KFH Achieves Best ESG Risk Rating among Kuwaiti Banks
Kuwait Finance House (KFH) Kuwait’s Chief Executive Officer, Khaled Yousef AlShamlan, emphasized that the bank’s inclusion in the FTSE4Good Index…
The state of Saudi Arabia's economy mid-way 2024
The growth of Saudi Arabia’s economy is expected to accelerate this year, according to a new report from Strategic Gears.…
RAKBANK Income, Profit & Balance sheet growth continues into 2024
The National Bank of Ras Al Khaimah has reported its financial results for the first Half of 2024.– The National…
SAB becomes first bank in KSA to receive local content certificate
Saudi Awwal Bank, one of the leading banks in the Kingdom of Saudi Arabia, has become the first bank in…
HDI Global strengthens business in the Middle East with local presence in Dubai International Financial Centre
HDI Global SE continues its international expansion receiving a regulatory license from Dubai Financial Services Authority (DFSA) to open an…
Dmitry Naberezhnev joins Kearney as partner in Doha office
Kearney has strengthened its senior team in the Middle East with Dmitry Naberezhnev, who brings over 15 years of strategic…
Franklin Templeton Launches Seven Feeder Funds for UAE Retail Investors
Franklin Templeton is introducing seven new feeder funds for retail investors in the UAE, according to a statement released on…
Saudi Investment Ministry to assist Hail region achieve full economic potential
Saudi Arabia’s northern province of Hail is set to attract increased investments due to its strategic and logistical importance, as…
Commercial Bank of Dubai introduces core banking services for virtual asset service providers
Commercial Bank of Dubai , one of the leading banks in the United Arab Emirates, announced the launch of dedicated…