Mashreq achieves historical financial milestone in 2023
Net Interest Income Skyrockets: Witnessed an impressive 69% surge, fuelled by extraordinary growth in the balance sheet and solid client…
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QFC signs MoU with MEEZA to boost digital services sector
Qatar Financial Centre Authority, the legal and tax arm of the Qatar Financial Centre, a leading onshore financial and business…
QIB announces launch of innovative e-commerce platform on mobile app
Qatar Islamic Bank, Qatar’s leading digital bank, announced the launch of its innovative e-commerce platform, “QIB Marketplace”, available exclusively on…
RAKBank is latest UAE bank to cross 2023 with record profits – and with a strong loan book
A 10 per cent increases in overall loans and advances to Dh42 billion played its part in RAKBank becoming the…
Five banks finance over 210,000 projects with $898.8mln under ‘Mashrou’ak’ initiative
Five banks have provided EGP 27.8bn in financing to over 210,000 micro, small, and medium enterprises (MSMEs) under the National…
Gulf Bank launches 'A Step towards change' environmental sustainability initiative
Ahmad Al-Amir: We aim to change societal behaviors by promoting the use of reusable bags. We have successfully achieved the…
Arab Bank Group, Jordan reported net profits of $829.6mln for 2023
Arab Bank Group achieved solid results for the year ending December 31, 2023, reporting a growth of 52 per cent…
Swiss Banks Entranced by Dubai's Allure
For years, domestic wealth managers could stand by and watch as overseas clients turned up at their doorsteps bearing assets. …
Neuberger Berman Appoints Matt Malloy as Head of Emea; Dik Van Lomwel Assumes Role of Vice Chairman EMEA
Neuberger Berman has announced that Matt Malloy has been appointed Head of EMEA following Dik van Lomwel’s decision to transition…
Saudi PIF completes pricing of $5bn international bond
Saudi sovereign wealth fund PIF (Public Investment Fund) said it has successfully completed the pricing of a $5 billion Reg…
What the UAE and KSA joining the BRICS bloc means for your business
The BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, stands as a testament to the growing economic prowess…
NBE, Banque Misr new CDs attract EGP 471 bln in three weeks
The National Bank of Egypt and Banque Misr collected EGP 471 billion in proceeds through their high-yield certificates of deposit…