The DFSA records third consecutive year of double-digit registration growth
DFSA Annual Report 2025 182 new firms licenced and registered in DIFC in 2025, a 16% increase on 2024 –…
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QNB Oman and AmwalPay Sign Strategic Agreement to Strengthen Digital Acquiring Services
QNB Oman and AmwalPay have announced the signing of a strategic partnership agreement aimed at enhancing digital payment acceptance services…
Gulf banks want AI, but can they keep control of customer data?
As banks in the Gulf explore new AI tools, the focus is increasingly shifting from what the technology can do…
Egypt’s parliament approves VAT law amendments, cuts medical device tax to 5%
Egypt’s House of Representatives granted final approval on Tuesday to a draft law amending the Value Added Tax (VAT) law,…
Lighthouse Canton Hires J.P. Morgan’s Michael Darriba as Managing Director in Dubai
Lighthouse Canton has appointed Michael Darriba as managing director for key clients and institutions, based in Dubai, the firm said.…
Egypt House extends tax dispute framework, mandates profit transfers from state companies
Egypt's House of Representatives on Tuesday gave final approval to two government-backed bills extending the tax dispute settlement framework until…
FRA approves 13 companies to undertake non-bank financial activities
The Financial Regulatory Authority (FRA) has approved 13 companies to undertake a range of non-bank financial activities, as part of…
Qatar Development Bank Participates in VivaTech 2026
Qatar Development Bank (QDB) participated in VivaTech 2026, Europe's largest startup and technology event, which recently concluded in Paris, France.…
Banque Misr raises return on 3-year Al Qema savings certificate
Banque Misr has increased the annual return on its three-year fixed-rate Al Qema savings certificate to 17.75% for customers receiving…
Egypt: FRA grants new approvals to 13 companies in non-banking financial activities
The Financial Regulatory Authority (FRA) has approved 13 companies to undertake a range of non-banking financial activities as part of…
Ministry of Finance announces opening of subscription and pricing for UAE’s inaugural Sovereign Retail T-Sukuk programme
Approved channels include Dubai Financial Market’s Subscription platform, DFM app, iVestor app, and the digital channels of the receiving banks…
Standard Chartered to sell Bahrain retail operations to focus on larger markets
Standard Chartered is exploring options to sell its retail and wealth franchise in Bahrain as the UK-headquartered lender focuses on…