Sukoon Takaful, Ajman Bank sign Sharia-compliant deal
Sukoon Takaful and Ajman Bank have signed a memorandum of understanding to expand access to Sharia-compliant Takaful solutions for the…
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Bank ABC Named ‘Best Bank for Cash Management in the Middle East in 2026’ Among Four Prestigious Global Finance Awards
Bank ABC, one of MENA’s leading international banks, has been recognised with four prestigious accolades by Global Finance World's Best…
PwC Middle East concludes LEAP 2026 with new AI insights and strategic collaborations supporting Saudi Arabia's digital transformation
As artificial intelligence becomes increasingly embedded across organisations in Saudi Arabia, the conversation is evolving from adoption to impact. At…
Carmignac moves into Middle East with new Dubai office
Christophe Younes has been appointed senior executive officer of Carmignac Middle East and head of Middle East having rejoined Carmignac…
QFC, AlRayan Bank join forces to boost banking access, Islamic finance
Qatar Financial Centre, a leading onshore financial and business center, signed a Memorandum of Understanding (MoU) with AlRayan Bank, one…
First Abu Dhabi Bank tests 24/7 cross-border payments with Citi
First Abu Dhabi Bank has completed live US dollar transactions with Citi using tokenised bank deposits, as banks test technology…
Standard Chartered becomes first Global Systemically Important Bank (G-SIB) to launch Institutional Bitcoin and Ether spot trading in the UAE
Standard Chartered has announced the expansion of its institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the UAE through…
Kuwait tightens anti-money laundering rules for gold, real estate sectors
Kuwait has introduced stricter anti-money laundering and counter-terrorism financing rules for gold and precious metals traders and the real estate…
Roland Berger: Gulf banks reduce bad loans, but underlying credit risks remain
Banks across the GCC have significantly reduced their non-performing loan ratios over the past five years. However, a new…
Vision Bank launches SME financing to support cross-border trade
Vision Bank, the Abu Dhabi Global Markets (ADGM)-headquartered Islamic bank founded and wholly owned by GII Group, has announced the…
Bahrain Bourse concludes the first edition of its graduate training program "Emerging Talents"
Bahrain Bourse (BHB), a licensed exchange regulated by the Central Bank of Bahrain, hosted an awards ceremony to conclude the…
Saudi banking assets climb to $1.5tn as lending expands
Saudi Arabia’s banking sector continued to grow in July, with total assets reaching SR5.75 trillion ($1.5 trillion), according to the…