Kuwaiti Islamic banks expect profit growth despite challenges: Fitch
Kuwaiti Islamic banks are forecast to see profit improvement in 2023 and 2024 despite mounting regulatory provisioning requirements, pressure on…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47823 articles available
Oman's Bank Muscat H1 net profit up 7% on higher interest income
Bank Muscat, Oman's largest lender by assets, reported net profit for a nine-month 2023 of 158.88 million rials ($412.6 million),…
Dubai: Economy grows 3.2% in H1 2023
Dubai’s economy witnessed a growth of 3.2 per cent in H1 2023, compared to the same period last year. …
Oman In-Focus — Credit balance sees a 6.8% uptick in August
Oman’s banking sector saw a 6.8 percent year-on-year increase in outstanding credit balances, reaching 30.4 billion Omani rials ($79 billion)…
AI dominates at GITEX, as tech show opens in Dubai with future focused innovations
As the UAE’s annual tech show opens its doors in Dubai on Monday, it comes as no surprise that amidst…
Qatar Central Bank Issues Loan-Based Crowdfunding Regulation
Qatar Central Bank has issued the Loan-Based Crowdfunding Regulation for the purpose of licensing and regulating loan-based crowdfunding activities and…
AI dominates at GITEX, as tech show opens in Dubai with future focused innovations
As the UAE’s annual tech show opens its doors in Dubai on Monday, it comes as no surprise that amidst…
Saudi Fund signs $100mln development loan agreement for climate-smart infrastructure project in Grenada
CEO of the Saudi Fund for Development (SFD) Sultan Al-Marshad signed today SFD's first development loan agreement with Minister of…
How Wealth Managers Should Weigh Up the Value Proposition of the Investment Platform and Wealth Service Providers
Nicholas Wright, Regional Head of Institutional Business for Saxo Bank, has some clear insights when it comes to the value…
Julius Baer appoints Rahul Malhotra to newly restructured Executive Board
Julius Baer Group has announced the promotion of Rahul Malhotra from Global India Head to Lead Emerging Markets and to…
DFSA fines former CFO of listed REIT for being knowingly concerned in misleading statements and accounting breaches
The Dubai Financial Services Authority has published a Decision Notice imposing a penalty of USD 33,220 (AED 122,000) on Mr…
NBK Garlanded with Four Prestigious Awards at Qorus Banking Innovation Awards 2023
National Bank of Kuwait has received four prestigious awards at Qorus Banking Innovation Awards 2023 held in Dubai to spotlight…