Sukoon Takaful, Ajman Bank sign Sharia-compliant deal
Sukoon Takaful and Ajman Bank have signed a memorandum of understanding to expand access to Sharia-compliant Takaful solutions for the…
Retail Banking
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Sohar International and National Bank of Oman jointly leads $720mln refinancing facility for Phoenix Power
Reinforcing its commitment to supporting Oman’s strategic infrastructure and economic development priorities, Sohar International and National Bank of Oman (NBO),…
Vision Bank launches SME financing to support cross-border trade
Vision Bank, the Abu Dhabi Global Markets (ADGM)-headquartered Islamic bank founded and wholly owned by GII Group, has announced the…
Roland Berger: Gulf banks reduce bad loans, but underlying credit risks remain
Banks across the GCC have significantly reduced their non-performing loan ratios over the past five years. However, a new…
Jordan Kuwait Bank Extends Strategic Partnership with Al Aman Fund for the Future of Orphans
The Jordan Kuwait Bank renewed its strategic partnership with the Aman Fund for the Future of Orphans for the years…
Jordan Kuwait Bank Marks Golden Jubilee with Guinness World Records Title for the Largest Coin Mosaic Depicting a Logo
In celebration of its Golden Jubilee, Jordan Kuwait Bank has achieved a Guinness World Records™ title in the category of…
ANB plans USD-denominated AT1 Sukuk
Arab National Bank (ANB) plans to issue US dollar-denominated Additional Tier 1 (AT1) capital sukuk under its international AT1 capital…
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…
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…
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…
Visa tests first live international transaction in Syria
Visa has tested its first live international transaction in Syria, working with Fransabank Lebanon and Paymera. The test was…
BNP Paribas receives Saudi regional headquarters licence
BNP Paribas has received a regional headquarters licence in Saudi Arabia, Saudi state news agency SPA reported on Tuesday, as…