All Articles

Financial Results

National Bank of Kuwait reports net profit of KD 116.6mln for the first quarter of 2022

April 19, 2022

Al-Sager: Our strong performance is supported by prudent risk management and excellent credit quality We continued delivering strong performance across…

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Executive Moves

Mubadala names new CEO for Abu Dhabi Investment Council

April 19, 2022

Mubadala Investment Company has appointed Mohamed Ali Al Dhaheri as the next CEO of its portfolio company, Abu Dhabi Investment…

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Hedge Funds & Alternative Investments

Abu Dhabi added 80 economic activities in 2021

April 19, 2022

Abu Dhabi added 80 economic activities in 2021 spanning key sectors as the emirate seeks to attract more businesses as…

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FinTech

FAB teams up with IBM to hasten digital transformation

April 19, 2022

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has…

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Comment & Analysis

GCC banks require monitoring once pandemic measures lifted: IMF

April 19, 2022

The Gulf Co-operation Council (GCC) banking sector requires close monitoring to contain financial vulnerabilities once the Covid-19 policy support measures…

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Comment & Analysis

Kuwaiti banks’ performance likely to improve in 2022 helped by higher oil price: S&P

April 19, 2022

The operating environment for banks in Kuwait will improve in 2022 thanks to higher oil prices and continued recovery from…

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Islamic Finance

Al Baraka Islamic Bank Launches Exclusive Real Estate Financing Solutions to Customers

April 19, 2022

Al Baraka Islamic Bank, one of the leading Bahraini financial institutions in the field of Islamic banking, announced that it…

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Hedge Funds & Alternative Investments

ADGM Academy, The Human Resources Authority, and Banque Misr launch banking educational programme for Emiratis

April 19, 2022

Abu Dhabi Global Market Academy, the educational arm of Abu Dhabi Global Market, the Human Resources Authority (HRA), and Banque…

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FinTech

Derayah Financial CEO says it owns 20% of PIF-backed digital bank D360

April 19, 2022

Derayah Financial Co. owns nearly 20 percent of D360, the PIF-backed local digital bank, the company’s CEO told Argaam on…

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Awards and Recognition

Mastercard recognizes QIB on the anniversary of first Islamic point of sale solution in Qatar

April 19, 2022

Qatar Islamic Bank (QIB) has received recognition from Mastercard on the third anniversary of the launch of Qatar’s first Islamic…

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Hedge Funds & Alternative Investments

Oman to set up to association for debt relief

April 19, 2022

Muscat- Dr. Laila bint Ahmed Al-Najjar, Minister of Social Development, said the formation of the Al-Gharmeen Charity Association to help…

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Fraud & Ethics

Beware of fraudsters while banking, warns ROP

April 19, 2022

The Royal Oman Police (ROP) has warned people against opening bank accounts and allowing unknown people to use them.  …

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