Profits of 157 Kuwaiti listed firms grow 6% in Q2 2019
The overall profits of 157 Kuwaiti companies listed on Boursa Kuwait rose by 5.7% year-on-year during the second quarter of…
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Robust private sector credit offtake boosts Qatar bank assets
A robust double-digit growth in credit to the private sector has outpaced total loan expansion within Qatar's commercial banks at…
ENBD, DIFC certify 5 startups in API Sandbox program
Emirates NBD, a leading bank in the region, and financial technology accelerator DIFC FinTech Hive have become the first in…
Ithmaar Bank nurtures Bahraini future leaders in banking and finance through its summer internship programme
Ithmaar Bank, welcomed twenty-eight undergraduate students from various local and international universities to its annual summer internship programme. The…
KFH-Bahrain in consumer financing deal for Golden Gate
Kuwait Finance House, a leading Islamic bank in Bahrain, is collaborating with Golden Gate to provide off-plan consumer financing for…
Bank Muscat signs agreement with Al Omaniya Financial Services
Bank Muscat, the flagship financial services provider in the Sultanate, and Al Omaniya Financial Services have signed an agreement for…
Bank Hapoalim Opts for Wolters Kluwer's OneSumX Software for Measuring Counterparty Credit Risk
Bank Hapoalim specifically using the software for managing its credit risk profile. The bank will now utilize Wolters Kluwer’s…
Kuwait International Bank launches video call banking service
The Kuwait International Bank launched a service that enables customers to complete a number of transactions by communicating with staff…
Emirates NBD enhances data-driven decision making as first global bank to leverage SAP Financial Services Data Platform
Emirates NBD, has partnered with SAP, to become the first bank globally to implement SAP Financial Services Data Platform. It…
Egypt's FRA awards Banque Misr non-banking financial activities licence
Egypt's Financial Regulatory Authority (FRA) has awarded Banque Misr an investment banking licence which allows it to exercise promotional activity…
PIFSS approves merger of KFH and Bahrain Ahli Bank
The Public Institute for Social Security has initially approved the merger of Kuwait Finance House and the Ahli United Bank…
Bahrain Islamic Bank six-month profit down 5.56 pct
Bahrain’s oldest Islamic bank posted a drop of 5.56 per cent in profit for the first half of the year…