Egyptian banking syndicate signs $119.4m facility for Flex PET expansion
A syndicate of Egyptian banks has signed a long-term syndicated facility worth $119.4m for Flex PET Egypt to finance the…
Retail Banking
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RAKBANK’s credit ratings reaffirmed by Moody’s with positive outlook maintained
Further to Moody’s upgrade of RAKBANK’s outlook to Positive in 2025, Moody’s Ratings has concluded its latest periodic review (rating…
Bahrain: BDB announces 16% rise in net profit for 2025
Bahrain Development Bank, the kingdom’s leading bank in supporting small and medium-sized enterprises, has announced its financial results for the…
Egypt: United Bank’s consolidated profits fall 14% YoY in 2025
The United Bank achieved consolidated net profits after tax of EGP 2.431 billion in 2025, an annual drop of 14%…
Ajman Bank and Al Zorah announce strategic collaboration to enhance homeownership solutions in Ajman
Ajman Bank and Al Zorah Development Company a joined venture between Ajman Government and Solidere International have signed a Memorandum…
Lesha Bank holds its annual and extraordinary general meeting
Lesha Bank LLC (Public) (the ‘Bank’ or ‘Lesha Bank’) held its Annual and Extraordinary General Meeting (meeting’) on Wednesday 25…
Qatar’s Commercial Bank prices $500mln PNC5.5-year AT1
Qatar’s Commercial Bank PSQC, rated A2 by Moody’s (stable), A- by S&P (stable) and A by Fitch (stable), has raised…
Gulf Bank showcases its experience in digital marketing and the use of artificial intelligence
As part of its ongoing strategic partnership with INJAZ Kuwait, Gulf Bank concluded its sponsorship and participation in the Artificial…
Real-Time payments gain momentum in Oman
The Sultanate of Oman is recording significant growth in the adoption of instant payments, as consumers and businesses increasingly shift…
Souhoola launches Egypt’s first prepaid card offering instalment payment options
Egyptian consumer finance company Souhoola has received initial regulatory approval to introduce a reloadable prepaid card, signaling a significant step…
NBB records 4% growth in net profit attributable to shareholders for 2025
National Bank of Bahrain reported a 12% increase in its net profit attributable to shareholders, reaching BHD 18.2 million (USD…
Emirates NBD expands precious metals offering with branded silver bars
Convenient denominations build on bank's expanding investment-grade metals services Emirates NBD, a leading banking group in the Middle East, North…