Oman’s Islamic finance industry set to rise 25% to $45bln in 2026
Oman’s Islamic finance industry is slated to hit $45 billion this year, up from $36 billion by the end of…
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Egyptian banks step up cyber security upgrades as deposits reach EGP 15.3tn
Mohamed El-Etreby, chairman of the Union of Arab Banks and CEO of the National Bank of Egypt, said Egyptian lenders…
Eptalex Welcomes New Partners In The UAE And KSA
Eptalex is proud to announce the promotion of Karl Touma and Steeve Zouein to Partners, strengthening our leadership in the…
Central Bank Pilots Face-and-Palm Biometric Payments, Extending UAE’s Seamless-Travel Ecosystem
The Central Bank of the UAE has launched a proof-of-concept biometric payment system that lets users pay with a quick…
Residential sales market maintains growth trajectory
The residential sales market continued to grow in last year as the home sales activity strengthened in 2025 with the…
Al Rayan Bank holds annual Executive Fraud Risk Management Briefing
As part of its annual Executive Fraud Risk Management Briefing, Al Rayan Bank brought together senior management to review evolving…
Lesha Bank records a net profit of QAR 200.1mln for the year ended 2025
Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) announced its financial results for the year ended December 31, 2025,…
NBK launches for its employees the “Wellness Week” initiative with more than 10 companies
Al-Baqer: NBK employees are the main driver of the bank’s success, which is why its strategy places their wellbeing as…
Dubai’s Magellan Capital launches flagship $975m hedge fund
Dubai Financial Services Authority (DFSA)-regulated investment manager Magellan Capital has launched its flagship multi-strategy hedge fund with $975 million…
ADCB Egypt Goes Live with Temenos to Modernize Payments Infrastructure and Accelerate its Digital Transformation Plans
Temenos has announced ADCB Egypt, a subsidiary of Abu Dhabi Commercial Bank Group, one of the leading banking institutions in…
As UAE central bank trials palm payments, Amazon ditches the tech
The Central Bank of the UAE is trialling facial and palm biometric payments at the same time as Amazon abandons…
Barclays Private Bank names new Middle East lead in London
Barclays Private Bank has appointed former Emirates NBD private banking executive Lama Aboufakhr to lead the team of bankers covering…