Gulf's biggest bank by assets Qatar National Bank H1 net profit up 8%
Qatar National Bank (QNB), the Gulf's biggest bank by assets, on Monday reported an 8% year-on-year (YoY) increase in net…
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ADCB rebrands Wholesale Banking to Corporate & Investment Banking
Abu Dhabi Commercial Bank has announced the rebranding of its Wholesale Banking as “Corporate & Investment Banking”, reflecting the expanded…
KIB offers exclusive services to Visa Infinite credit cardholders
As part of its special travel season campaign entitled “Peace of Mind with Black Concierge,” Kuwait International Bank (KIB) recently…
Lebanon's deputy central bank chiefs urge government to appoint new governor
Lebanon's central bank deputy governors called on authorities to urgently appoint a new chief to take over the reins from…
Top Egypt bank gets $250 million in loans with eye on green work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International Finance Corporation…
Nomo Bank signs strategic partnership with Blueprint
Nomo Bank, the digital sharia-compliant bank in the United Kingdom that is part of the Bank of London and the…
Emirates NBD and Microsoft team to transform banking with Generative AI
Emirates NBD, a banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced to transform business…
Saudi business sector boom spurs growth in bank credit
Saudi Arabia’s business sector saw a boom across most segments in May, with banks extending loans, overdrafts and lines of…
OBG report to spotlight Kuwait’s investment landscape
Kuwait’s successful efforts to enhance its investment environment and boost inflows for sectors with high growth potential will be explored…
Saudi National Bank was denied taking 40 per cent Credit Suisse stake: report
Saudi National Bank wanted to increase its stake in Credit Suisse to around 40 per cent from 9.88 per cent,…
Deadline for companies to meet Emiratisation targets ends today
The deadline for meeting semi-annual Emiratisation targets for private sector companies with 50 employees or more ends on July 7.…
Turkish neobank Papara becomes latest unicorn following acquisition of Spain’s Rebellion
Turkish neobank Papara has snapped up Spanish challenger bank Rebellion, in a move which propels Papara to unicorn status. …