Top 25 global banks see market cap surge to $3.6trln in Q4 2023: GlobalData
The aggregate market capitalisation of the top 25 global banks grew by 11% to $3.61 trillion quarter-on-quarter (QoQ) during the…
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Emirates Islamic to launch a digital wealth offering and equity trading on its mobile banking app
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of a Shariah-compliant digital…
Kuwait International Bank unveils KYC updates on mobile app
As part of the services offered through its mobile application, Kuwait International Bank has launched its “Update your KYC” service…
Banking sector advances towards data-driven, cloud-enabled future
Qatar’s banking sector is undergoing a significant transformation with the adoption of data analytics and cloud computing which aligns with…
UAE fintech funding surges 92% in 2023 defying global slowdown
The UAE’s financial technology sector has defied a global slowdown in investment, with funding raised nearly doubling in a year,…
Meta appoints Dentons to new EMEA Panel
Dentons has been appointed by Meta Platforms, Inc. to provide multidisciplinary legal services under a new EMEA Panel arrangement. …
QIB launches digitisation of Debit Cards service
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, announced the launch of an enhancement to its award-winning Mobile App, revolutionising…
Mashreq hires global trade sales head
Dubai-headquartered Mashreq Bank has named Yusuf Ali Khan as global trade sales head, effective immediately. In the newly created…
ADIB launches B2B marketplace to empower small and medium enterprises
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced the introduction of ADIB Business Souq, an innovative digital…
Bahrain’s Al Salam Bank terminates discussions on acquiring KFH Bahrain
Bahrain’s Al Salam Bank has terminated discussions on the acquisition of Kuwait Finance House’s (KFH) Bahrain arm in collaboration with…
Fintech Holding 180 Capital appoints Samer Abuzahra to lead its next growth phase
180 Capital, at the forefront of UAE's fintech industry, has today announced the appointment of Samer Abuzahra as its Chief…
NBK awarded “Best Foreign Exchange Provider in Kuwait” for 2024
National Bank of Kuwait was awarded “Best Foreign Exchange Provider in Kuwait” for 2024, for the 12th consecutive time in…