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Islamic Finance

KFH – Bahrain’s MyHassad wins Most Innovative Islamic Savings Product from The Banker Magazine

May 15, 2026

Kuwait Finance House – Bahrain  has won Most Innovative Islamic Savings Product of 2026 for its “MyHassad” savings account. The…

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Retail Banking

Weyay Bank becomes exclusive sponsor of Derasti Exhibition

May 15, 2026

Weyay Bank announces its participation as the exclusive banking sponsor of Derasti Exhibition, the first this year dedicated to supporting…

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Retail Banking

National Bank of Bahrain posts $54.6mln Q1 net profit

May 15, 2026

National Bank of Bahrain (NBB) has reported a net profit attributable to shareholders of BHD20.6 million ($54.6 million) for the…

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Executive Moves

Oman: Bank Nizwa appoints new CEO to drive next phase of sustainable growth

May 15, 2026

The Board of Directors of Bank Nizwa has recently announced the appointment of Tariq Atiq as Chief Executive Officer of…

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Retail Banking

BankDhofar leads the shift from transactions to relationships in Omani banking

May 15, 2026

BankDhofar’s strategic trajectory offers a clear signal of how banking in Oman is evolving — from a focus on transactions…

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FinTech

Mashreq Unveils Money Insights to Transform Digital Banking Experience in the UAE

May 15, 2026

Mashreq, a leading financial institution in the Middle East, has officially launched Money Insights, a fully integrated personal financial management…

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FinTech

QFC-backed platform lets Islamic banks use AI without exposing data

May 14, 2026

RegTech firm has launched a platform that applies an institution’s data disclosure policy before information reaches any external AI or…

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Environment and Sustainable Investments

Ministry of Environment and Climate Change launches digital service for safe disposal of electronic waste

May 14, 2026

The Ministry of Environment and Climate Change announced the launch of a new digital service for the safe disposal of…

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Financial Results

Al Baraka Islamic Bank achieves positive turnaround with net income of BD12thousand in Q1 2026

May 14, 2026

Al Baraka Islamic Bank has announced its financial results for the three-month period ended 31 March 2026, recording an improvement…

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Financial Results

Sharjah Islamic Bank rights issue draws Dh8.3 billion in demand

May 14, 2026

Sharjah Islamic Bank said its Dh2.59 billion rights issue attracted more than Dh8.3 billion in subscriptions, making the offering oversubscribed…

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Hedge Funds & Alternative Investments

ADGM publishes 2026 update to Legal Persons and Arrangements risk assessment

May 14, 2026

Aligned with the UAE National Risk Assessment, the LPA risk assessment provides an ADGM-Specific view of ML/TF risks across various…

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Awards and Recognition

NBK Named Best Bank in Kuwait – 2026 by Global Finance

May 14, 2026

The award reflects NBK’s outstanding performance and distinction among its peers across the banking sector Global Finance: NBK expanded the…

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