National Bank of Fujairah posts 113% in net profits at Dh725.1 million
National Bank of Fujairah PJSC has posted record profits in 2023 - at an increase of more than double year…
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Emirates Islamic profit rises 71% in 2023 to a record AED 2.12bln
Emirates Islamic achieved a significant milestone in 2023, with an impressive 71% increase in net profit, reaching an unprecedented high…
Bahrain energy company to form captive insurer
A Bahrain energy company plans to establish and manage a captive insurer following a strategic agreement with an affiliate of…
Bank ABC hires European head of treasury and financial markets
Bahrain-headquartered Bank ABC has appointed Simon Atkins as European head of treasury and financial markets for ABC International Bank (IB),…
Kuwait’s Black Market Sees Explosive Growth in Illicit Money Transfers
The illicit money transfers within Kuwait’s black market have recently experienced a notable surge, impacting approximately 11 countries due to…
IBF DigiLabs announces Benevolence – A blockchain based Islamic charity app
IBF DigiLabs has announced a major upgrade to the Benevolence app. This enhanced version is not just a step forward…
Al Tamimi & Company appoints new corporate commercial partner in Egypt
Al Tamimi & Company has appointed Amr Namek as its new Corporate Commercial Partner in Egypt. Amr is a…
Barwa Real Estate launches ‘Barwa’ application for smart devices on iOS and Android systems
Barwa Real Estate Group has unveiled the “Barwa” application designed for smart devices operating on both “iOS” and “Android” systems. …
Optimistic on growth and the impact of AI
Optimism: Nearly three-quarters (73%) of CEOs in the Middle East, and 81% of GCC CEOs, expect regional economic growth to…
IBM inaugurates regional Saudi headquarters in Riyadh
Global technology and cloud giant IBM has inaugurated its regional headquarters in Riyadh, as part of its mission to accelerate…
Bank Nizwa’s senior executives excel in prestigious Wharton University program
As the leading Islamic bank in the Sultanate of Oman, Bank Nizwa remains resolute in its commitment to the cultivation…
Gulf Bank first Kuwaiti bank to partner with Coach Hub
Salma Al-Hajjaj: This partnership highlights the significance of investing in Gulf Bank's leaders to enhance their leadership capabilities Gulf…