Zeeba Askar appointed new Chief Executive Officer of BAB
The Board of Directors of the Bahrain Association of Banks (BAB) has announced the appointment of Mrs. Zeeba Askar as…
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Saudi bank lending hits record $850bn on corporate, real estate demand
Saudi banks’ outstanding loans reached SR 3.2 trillion ($849.7 billion) in June, marking a 15.8 percent increase compared to the same month…
FABMISR launches IAM tool in partnership with Hemaya IT
In a significant step that reflects its strong commitment to innovation and strengthening cybersecurity standards, First Abu Dhabi Bank Misr…
Invest Bank returns to strong profitability in H1 2025, marks historic turnaround and expands leadership team
Total income for the period reached AED 145.6 million, a 5% year-over-year increase despite challenging interest rate conditions. The Board…
Oman’s bank credit expands 8.4% as listed firms post 14% profit rise
Oman’s banking sector continued its steady expansion in the first half of 2025, with total credit rising 8.4 percent year…
Increase in profits of companies listed on Qatar Stock Exchange by 2.31%
Doha, Qatar: Net profits of companies listed on Qatar Stock Exchange rose by 2.31 percent in the first half of…
Wio Bank launches direct integration with Xero to simplify accounting for UAE businesses
Wio Bank has launched a direct integration with Xero, the global small business platform, enabling Wio Business customers to simplify…
Absa Business Banking Selects Network International to Drive Digital Payments Innovation Across Africa
Network will provide Absa Business Banking with end-to-end payment processing capabilities through a single payments platform and fully outsourced managed…
ADIB inks key Abu Dhabi housing finance agreement
Abu Dhabi Islamic Bank has signed an agreement with the Abu Dhabi Housing Authority to provide top-up home financing solutions…
Standard Chartered expands MENA custody network with Egypt launch
Standard Chartered has announced the launch of its direct custody services in Egypt, further expanding its global post-trade offering across…
Bank ABC net profit reaches $152mln; assets hit historic $48bln
Bank ABC (Arab Banking Corporation) continued its resilient performance, against a backdrop of continuing global economic uncertainty, with an H1…
Al Salam Bank announces record profits for H1 2025
Al Salam Bank has announced net profits attributable to shareholders of USD 98.2 million for the six-month period ended 30…