UAE central bank support package lifts lenders shaken by Iran war
Shares of UAE-listed banks jumped on Wednesday after the Central Bank of the UAE announced ​measures to support their liquidity…
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Bank of Sharjah delivers record FY2025 results with 89% surge in net profit
Bank of Sharjah has announced its financial results for the year ended 31 December 2025, reporting exceptional performance and reinforcing…
Wio Bank PJSC reports AED 61bln assets and record revenue of AED 1.24bln in FY2025
More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked…
Australia-Saudi Business Chamber forms emergency committee to safeguard trade flows
The Australia-Saudi Business Chamber has formed an emergency working committee to explore measures aimed at maintaining trade continuity amid disruptions…
UAE Central Bank approves resilience package to support banking sector
The UAE’s Central Bank (CBUAE) approved, on Tuesday, a wide-ranging financial resilience package aimed at strengthening the banking sector and…
Egyptian banks seen resilient to Iran conflict shocks, Fitch says
Egypt’s banking sector is positioned to absorb the potential economic spillovers from the ongoing Iran conflict, supported by strong capital…
UAE central bank launches resilience package for supporting stability of banking sector
The United Arab Emirates central bank says it has approved a comprehensive financial institution resilience package aimed at reinforcing the…
Former EFG Private Banker Joins Swiss EAM JAR
A 30-year private banker and former EFG executive has joined Swiss external asset manager JAR as its vice chairman. …
85% of banks’ corporate clients plan to engage with a non-bank financial institution within the next year
Banks look to bolster AI expertise with external hires (40%) as upskilling proves challenging Only 29% of IT budgets are…
Fasset appoints Behnam Gurban-Zada to lead CIS expansion and strengthen Shariah finance
Fasset, the American-founded banking and investment platform, has appointed Behnam Gurban-Zada as Executive Director, Islamic Finance and Banking. The appointment…
Dubai Investments real estate projects advance in line with planned handover schedules
Dubai Investments, through its wholly owned subsidiary Dubai Investments Real Estate (DIR), continues to advance construction activity across its real…
CIB reappoints Hisham Ezz El-Arab as CEO for three-year term
The Ordinary General Assembly of Commercial International Bank has approved the continuation of Hisham Ezz El-Arab as the bank’s Chief…