National Bank of Kuwait Q1 2023 net profit up 15%
National Bank of Kuwait (NBK), the Gulf country's largest lender, posted a net profit of 134 million dinars ($437 million)…
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ADCB, Al Hilal Bank brings UK digital banking to UAE nationals
ADCB and its Shari’ah compliant digital banking subsidiary Al Hilal Bank have announced a new partnership with Bank of London…
Oman: CBO issues treasury bills worth $109.1mln
The Central Bank of Oman raised OMR42 million by way of allotting treasury bills on Tuesday. The value of…
Dubai may exceed pre-pandemic international tourist numbers in 2023
Dubai could exceed the pre-pandemic annual number of international visitors this year following a growing influx of tourists, according to…
Citi appoints Shamsa Al-Falasi as CEO of Citibank, N.A. UAE Onshore branch
Citi announced the appointment of Shamsa Al-Falasi as Chief Executive Officer of Citibank, N.A. UAE Onshore Branch, in the United…
Capital Bank of Jordan : Group Amongst Middle East's 50 Largest Banks in 2023 in Terms of Market Value
This ranking reflects the success of the group's strategy and ambitious plans for horizontal and regional expansion. According to…
Jordan Ahli Bank becomes first in the Middle East to integrate AI to customer service with "ahliGPT"
Jordan Ahli Bank launched its new artificial intelligence (AI) system "ahliGPT", becoming the first bank in the Middle East to…
Mbank partners with Dgpays to offer a digital wallet integrated with next-level financial solutions
Al Maryah Community Bank (“Mbank”), a leading digital bank in the United Arab Emirates, has partnered with Dgpays Group ("Dgpays”),…
RAK Properties appoints James Marsh as Chief Development Officer
RAK Properties PJSC, Ras Al Khaimah’s leading private property developer announces the appointment of James Marsh as their Chief Development…
Inside Dubai's real estate boom: Why Indian investors are dominating property purchases and set to continue in 2023
In 2022, Indians emerged as top home buyers in Dubai, with purchases worth Rs 35K crore, the recent report showed.…
Gulf Bank raises awareness on the importance of avoiding anonymous messages and contacts from unknown origins
AbdulMohsen AlNassar: “I advise customers not to share their banking details with others.” As part of its keenness to promote…
Qatar's QIIB first quarter net profit jumps 7.1% to $95mln
QIIB has posted a first quarter (Q1) net profit of QR316mn, up 7.1% on the same period last year. …