Oman Housing Bank launches campaign to enhance financing services across Oman
The Iskan platform offers a suite of services to streamline the financing process for citizens. Users can check the status…
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SAMA regulations enhancing Saudi Islamic banks’ transparency: Fitch Ratings
Regulations implemented by the Saudi Central Bank from 2020 until the end of the first half of this year have…
Saudi Banks Hit Record-Breaking Profits of USD 1.96 Billion
The Saudi National Bank has reported a 14-month high in profits. The Central Bank of Saudi also reported that the…
Afreximbank plans $3.2bln boost for Egyptian banks, companies
African Export-Import Bank (Afreximbank) is set to allocate an additional $3.2 billion in financing to Egyptian banks and businesses, aiming…
Dubai Chambers and VFS Global Sign MoU to Accelerate Trade and Investment Opportunities
Looking to reduce friction for Dubai-based firms looking to globally expand into different markets, Dubai Chambers, the non-profit public entity…
Global Wealth Report 2024
People around the world are getting progressively wealthier – and that doesn’t just apply to those who already own great…
Pact signed to promote Islamic finance in Oman
In a strategic move to bolster Islamic financial investments and foster stronger ties between the financial and advisory sectors, the…
Qatar Central Bank's foreign reserves surge to $68 billion
Qatar Central Bank saw a 3.88 per cent year-on-year increase in its foreign currency reserves and liquidity in June 2024…
Emirates Islamic recognised as the ‘Most Innovative Islamic Bank in the UAE’ at Euromoney Islamic Finance Awards 2024
Emirates Islamic has been recognised by the prestigious Euromoney Islamic Finance Awards 2024, and was awarded ‘Most Innovative Islamic Bank…
Saudi Arabia’s big three banks continue their rankings ascent
Saudi Arabia’s oil sector may have contracted in 2023 due to weaker prices and Opec+ production cuts, but activity in…
Nomura nabs senior BNP banker in Dubai
A former Dubai-based senior private banker at BNP Paribas Wealth Management has moved to Nomura, Citywire Middle East has learnt.…
UAE Virtual Asset Ecosystem
Virtual Assets in the U.A.E. have been classified as fully regulated, by the U.A.E. Ministry of Economy – Anti-Money Laundering…