Omani banking sector credit surges 7.4% in February
Credit extended to the private sector rose by 6.1% annually to 27.3 billion rials Total deposits in the Omani banking…
Retail Banking
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Mashreq set to partner with Clari5 (A Perfios Company) to launch GenAI Powered Fraud Detection Platform
Mashreq has announced a strategic partnership with Clari5, a global leader in real-time financial crime management, to launch Clari5 Genie,…
Bank of Sharjah to be included in MSCI Global Small Cap Index
Bank of Sharjah has announced that its shares will be added to the MSCI Global Small Cap Index, effective after…
Bank al Etihad and INVESTBANK announce Jordan’s largest banking merger
Bank al Etihad and INVESTBANK have announced that their respective Boards of Directors have approved a strategic merger under which…
Egypt: United Bank’s consolidated profits leap 67% YoY in Q1 2025
The United Bank logged 67% year-on-year (YoY) higher consolidated net profits after tax and attributable to the parent company at…
Bank Nizwa reinforces its role as sustainability pioneer at Oman Sustainability Week 2025
Demonstrating its unwavering commitment to sustainability, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman,…
NBO Introduces Direct Debit E-Mandate, Transforming Recurring Payments In Oman
The National Bank of Oman has launched its Direct Debit E-Mandate, a reliable digital solution that simplifies recurring transactions for…
Gulf International Bank reports 2025 first quarter results
Amid a challenging market environment marked by heightened volatility and declining trading income due to trade tariffs, Gulf International Bank…
SAB named ‘best bank in Saudi Arabia’ for sixth year in row
Saudi Awwal Bank has been recognized as the “Best Bank in Saudi Arabia for 2025” by Global Finance magazine, for…
NBO introduces Direct Debit E-Mandate, transforming recurring payments in Oman
The National Bank of Oman has launched its Direct Debit E-Mandate, a reliable digital solution that simplifies recurring transactions for…
QIB receives 'Best Retail Bank' and 'Best SME Bank in Qatar' awards
Qatar Islamic Bank was named ‘Best Retail Bank in Qatar’ and ‘Best SME Bank in Qatar’ at the MEED Mena…
Kuwait’s Warba Bank mandates banks for $250 mln AT1 capital sukuk
Kuwait’s Warba Bank has mandated banks for a Reg S 5.5 year $250 million AT1 capital sukuk. ENBD Capital…