Global banking sector suffers under inflation pressure, say experts
The global banking sector is experiencing a critical juncture amid rapidly evolving geopolitical developments in the Middle East, which are…
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Middle Eastern banks tap China growth by beefing up presence in Hong Kong
The UAE’s top lender and two other Middle Eastern banks are launching or expanding operations in Hong Kong, as they…
Reem Finance transitions to Reem Bank after UAE licence approval
Reem Finance has transitioned into a bank after receiving regulatory approval, rebranding as Reem Bank following the grant of a…
Erdogan’s Proposal Risks Deepening Turkey’s Role in Illicit Finance Networks
A sweeping tax proposal unveiled by Turkish President Recep Tayyip Erdogan last week — promising a 20-year exemption on foreign-sourced…
Saudi insurers show mixed performance in Q1 earnings
Insurance companies operating in Saudi Arabia reported mixed earnings in the first quarter, with Gulf Insurance Group and The Co.…
Al Sayegh wins Cadillac EV in NBB credit card campaign
Abdullah Al Sayegh won a Cadillac OPTIQ EV as the grand prize in the National Bank of Bahrain (NBB) credit…
KFH – Bahrain wins “Best Islamic Financial Institution” and “Best Bank in Bahrain” for 2026 from Global Finance
Kuwait Finance House – Bahrain (KFH–Bahrain) has recently won two prestigious awards from Global Finance magazine, having been named “Best…
Bank of Sharjah delivers record performance with net profit of Dh151 million
Bank of Sharjah today announced its financial results for the three-month period ended 31st March 2026, reporting exceptional performance and…
Rothschild & Co continues to grow its Wealth Management business in Israel with appointment of Senior Client Adviser
Rothschild & Co's Wealth Management business has appointed Oren Buchman as Senior Client Adviser in its Tel Aviv office, as…
Muzinich & Co. appoints Shailaja Krishnamurthy to strengthen Middle East presence
Muzinich & Co., has announced the appointment of Shailaja Krishnamurthy as Director, Business Development, as it continues to expand its…
London-listed Man Group joins wave of global asset managers to set up office in Abu Dhabi
Man Group, the London-listed hedge fund manager, is the latest to join a wave of investment firms setting up offices…
Jordan Kuwait Bank announces strong 2025 results and signals new growth phase to strengthen role as gateway for investment in the Levant
Jordan Kuwait Bank has announced strong financial results for 2025, underscoring the Group’s solid fundamentals and positioning it for a…