FAB’s interim joint credit chief steps down + Shuaa taps new head of digital assets
First Abu Dhabi Bank’s (FAB) interim joint chief credit officer Antoine Sokhn (LinkedIn) has stepped down after 15 months in…
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AI drives expansion of Saudi Central Bank’s US equity portfolio
The Saudi Central Bank increased the market value of its disclosed portfolio of stocks and exchange-traded funds, or ETFs, in…
FRA approves Al Baraka Bank Egypt’s MTO for A.T. Lease
The FRA called on A.T. Lease’s board to outline its opinion on the offer within 15 days of the authority’s…
International Banker 2026 Middle East, Asia & Australasia Awards Winners
Saudi Arabia’s largest banks, including Saudi National Bank (SNB), Alrajhi Bank and Riyad Bank, recorded stronger earnings in the first…
Central Bank Targets 65% Financial Account Ownership by 2028
The Central Bank of Jordan (CBJ) launched a workshop dedicated to the midterm review of the National Financial Inclusion Strategy…
Saudi Arabia’s buffers offer protection against regional shocks
The outbreak of conflict in the Middle East in 2026 posed one of the most significant external challenges to the…
UAE bank deposits rise as credit grows Dh24.7 billion in June
Bank deposits increased 0.3% to Dh3.47 trillion, while gross credit rose 0.9% to Dh2.76 trillion, according to the Central Bank…
Gulf Insurance Group first-half profit jumps 89% to $76.7mln
Gulf Insurance Group (GIG) today announced a net profit of KD23.8 million ($76.7 million), or 78.06 fils per share ($0.252)…
Saudi Arabia’s AI push comes with a $42 billion price tag
Saudi Arabia’s planned AI and cloud infrastructure expansion requires up to $42bn (AED154.2bn) in project capital by 2030. Alvarez and…
Egypt, Arab Bank for Economic Development in Africa partner to boost African development
Minister of Foreign Affairs Badr Abdelatty met Sunday with Fahad Al-Dossari, Chairman of the Board of Directors of the Arab…
ADGM's FSRA signs MoU with GCGRA to strengthen regulatory cooperation
The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi has signed a Memorandum of…
FAB strengthens UAE AI ecosystem through second SpeakEasy enterprise AI forum
First Abu Dhabi Bank (FAB), the UAE's global bank and one of the world's largest and safest financial institution, hosted…