Saudi banking assets reach $1.5tn in July: SAMA
Saudi Arabia’s banking system continued to expand in July, with total assets rising to SR5.75 trillion ($1.5 trillion), according to…
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Oman bank loans exceed deposits as ratio reaches 102.9%
Loans extended by Oman’s commercial banks exceeded their deposit base at the end of June, with the loan-to-deposit ratio reaching…
NBE named Egypt’s "Best Private Bank" at Euromoney Awards 2026
The National Bank of Egypt (NBE) has been named “Best Private Bank in Egypt” at the Euromoney Awards 2026, one…
UAE, Egypt Central Banks Coordinate Over US Action Against Banque Misr
The central banks of the UAE and Egypt said they are maintaining full and continuous coordination over US regulatory action…
Bank of Singapore strengthens Dubai franchise
Bank of Singapore has appointed two experienced relationship managers to its Dubai office. Mahesh Ramakrishnan joins the bank on 3…
UAE is home to 59 billionaires with combined wealth of $201 billion
The UAE’s billionaire population accounted for about 1.4 per cent of the global total of 3,795 billionaires, while their combined…
Hitesh Motwani appointed CEO of InsuranceMarket.ae as founder Avinash Babur moves to Chairman role
InsuranceMarket.ae has appointed Hitesh Motwani as Chief Executive Officer following regulatory approval from the Central Bank of the UAE, marking…
Qatar: Office market signals resilience buoyed by long-term corporate leases
Qatar’s commercial office real estate sector has demonstrated notable resilience in the face of recent regional geopolitical friction, driven by…
Saudi fintech lending to industrial projects jumps 130% in H1
Financing provided by Saudi fintech companies to industrial projects surged 130 percent in the first half of 2026, reaching a…
UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports
The powerful United Arab Emirates official known as the “spy sheikh” is behind the largest stake in the holding company…
Anthropic names Bain & Company a Global Premier Partner for Claude
Earlier this summer, Bain & Company was named an Elite Partner of OpenAI – the highest tier in its partner…
Egyptian Exchange leads Arab markets with 56.9% market cap growth in June 2026
The Egyptian Exchange (EGX) has topped Arab stock markets in June 2026, with a growth in market capitalization of 56.9%…