Kuwait Zain's Q2 net profit rises 22% to $165mln; beats estimate
Kuwait-headquartered telecom group Zain has repoted a net profit of 50 million Kuwaiti dinars ($165 million), up 22% for the…
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Kuwait Finance House Bahrain Provides Special Financing to People of Determination in Cooperation with Steps Rehabilitation Center
Kuwait Finance House has announced its latest promotional finance campaign specially designed for People of Determination, adults or children suffering…
Egyptian real estate group MNHD urges SODIC to revise takeover offer
Egyptian property company Madinet Nasr for Housing and Development has rebuffed a takeover bid by rival SODIC, saying on Sunday…
BisB Achieves Second Place for the Kingdom’s Banking Sector
Bahrain Islamic has recently been ranked second in the Kingdom’s banking sector in the Environmental, Social and Corporate Governance (ESG)…
Saudi Arabia is among the highest performing venture capital markets in the region in 2022
Saudi Arabia has been one of the top-performing markets in the venture capital space in the Middle East and North…
Dukhan Bank records 27% increase in net profit
Dukhan Bank has announced its financial results for the first half of 2022 recording a net profit of QR745m, representing…
DFSA moves to open window format for ITL applications
The Dubai Financial Services Authority (DFSA) has started accepting applications from local and international firms interested in joining its Innovation…
Bank Muscat posts net profit of over $257mln
Bank Muscat, the flagship financial institution in the Sultanate, has announced its preliminary unaudited results for the six months ended…
KFH wins Best Bank in Kuwait & Best Islamic Finance Bank awards
Kuwait Finance House “KFH” won two awards for Best Bank in Kuwait and Best Islamic Finance Bank in Kuwait for…
Norton Rose Fulbright advises OKX on market entry into Dubai
Norton Rose Fulbright's Dubai office has advised cryptocurrency exchange OKX on its entry into the UAE market. OKX is…
VFS Global appoints Sukanya Chakraborty as Chief Communication Officer
VFS Global, the world's largest outsourcing and technology services specialist for governments and diplomatic missions, appointed Sukanya Chakraborty as the…
UAE Banks Federation CEOs Advisory Council holds its second meeting of 2022
During its second meeting for the year 2022, held on June 21st, UAE Banks Federation (UBF)’s CEOs Advisory Council discussed…