Oman’s banking sector strengthens with 8% credit growth
Oman’s banking sector showed robust growth by May, with total credit rising 8 percent to 33.6 billion Omani rials ($87.36…
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Commercial Bank awarded ‘Most Innovative Use of AI Technology’
Commercial Bank, a leader in innovative digital financial solutions, has been recognised as the “Most Innovative Use of AI Technology…
Khaleeji Bank signs MoU with Euro University Bahrain to provide innovative education financing solutions
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced the signing of a…
Standard Chartered and Bahrain FinTech Bay select ten female-led startups for the sixth cohort of Futuremakers Women in Tech Programme
Standard Chartered, in partnership with Bahrain FinTech Bay, has announced the selection of ten promising female-led startups to join the…
Emirates NBD clarifies on DirectRemit: No new fee for money transfers to India, Pakistan, Philippines, Egypt
Emirates NBD has clarified that its DirectRemit international money transfers to popular remittance countries — including India, Pakistan, Egypt, and…
Al Ahli bank of Kuwait Earns Top Honour At Global Brand Awards 2024
Al Ahli Bank of Kuwait K.S.C.P. has been awarded the prestigious "Best Call Center - Banking, Kuwait, 2024" title at…
Sohar International launches Oman’s first open banking platform, ushering a new era of financial innovation
In a landmark move underscoring its commitment to driving digital innovation and financial inclusion, Sohar International has announced the official…
Qatar National Bank suspends share buyback, to resume on July 10
Qatar National Bank Group said that in accordance with Qatar Financial Markets Authority regulations, QNB will not conduct its share…
FAB Becomes First Bank in MENA to Join China’s Cross-Border Payment Network
This landmark achievement underscores FAB’s leadership in digital transformation and its commitment to advancing the UAE’s position as a regional…
FAB becomes MENA’s first lender to join CIPS as direct participant
First Abu Dhabi Bank has become the first lender in the MENA region to join the cross-border Interbank Payment System…
Oman’s Sohar, Ahli Bank postpone merger talks due to regulatory delays
Sohar International Bank and Ahli Bank SAOG have decided to postpone their proposed merger after failing to receive the necessary…
First Abu Dhabi Bank becomes First MENA Bank to join CIPS as direct participant
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has…