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FinTech

CBUAE and CBK sign strategic MOU to strengthen supervisory, financial and fintech cooperation

June 17, 2026

His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and His Excellency Dr. Ahmet Ismaili,…

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FinTech

BankDhofar unveils advanced IPO financing solution as collection agent for OMIFCO IPO

June 17, 2026

BankDhofar has announced its appointment as Collection Agent for the Initial Public Offering (IPO) of Oman India Fertiliser Company SAOC…

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Hedge Funds & Alternative Investments

BinDawood lines up $58.1mln Murabaha facility to back Vaza Food acquisition

June 17, 2026

Saudi Arabia’s BinDawood Holding Company has secured a Sharia-compliant Murabaha financing facility worth SAR 217.8 million ($58.1 million) from Arab…

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FinTech

Informatica brings trusted agentic data management across AWS, Microsoft, Google Cloud, Databricks, and Snowflake

June 16, 2026

Informatica from Salesforce has announced a comprehensive series of strategic partnership expansions designed to empower enterprises to build, deploy, and…

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Islamic Finance

Dubai Islamic Bank raises $1bn from oversubscribed AT1 sukuk

June 16, 2026

Dubai Islamic Bank (DIB) has successfully raised $1 billion through the issuance of a perpetual additional Tier 1 (AT1) sukuk…

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Retail Banking

Oman’s digital payment transactions surge 150%

June 16, 2026

Oman is witnessing a rapid shift towards a digital economy, driven by the growing adoption of electronic payment methods that…

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Regulation, Risk & Compliance

Oman’s central bank raises OMR4.4mn through treasury bills

June 16, 2026

The average accepted price reached OMR99.054 for every OMR100, and the minimum accepted price arrived at OMR99.035 per OMR100. The…

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Executive Moves

Maples Group Strengthens Dubai Office with Strategic Hires and Promotions

June 16, 2026

The Maples Group’s Dubai office is pleased to announce a series of strategic hires and senior promotions in the first…

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Regulation, Risk & Compliance

Four New Banks Prepare to Enter the Saudi Banking Sector

June 16, 2026

Data from the Saudi Central Bank (SAMA) reveals that several banks are preparing to commence operations in the Kingdom, reflecting…

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Hedge Funds & Alternative Investments

WTW Receives DFSA Licence Approval to Operate Investment Business in Dubai International Financial Centre

June 16, 2026

WTW a global advisory, broking and solutions company, announced that it has received approval from the Dubai Financial Services Authority…

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Islamic Finance

Saudi PIF unit KAFD DMC closes $3.2bln Islamic financing deal

June 16, 2026

King ​Abdullah Financial District ⁠Development and Management Company ‌has closed a 12 billion riyal ($3.2 ​billion) Murabaha Islamic financing facility,…

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Retail Banking

Ithmaar Bank organises loyalty and allegiance signing ceremony for His Majesty the King

June 15, 2026

Ithmaar Bank B.S.C. (Closed), a Bahrain-based Islamic retail bank, organised a signing ceremony for the loyalty and allegiance document to…

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