UAE to be launch pad for global initiative to tackle massive crypto theft
The UAE will be the test ground for what is billed as a global-first initiative to take on the multi-billion-dollar…
Retail Banking
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Lesha Bank acquires an indirect stake in Edinburgh airport
Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) recently indirectly acquired a stake in Edinburgh airport, through an investment…
Weyay Bank enhances customer digital experience with mobile app’s new update
Weyay Bank, Kuwait's pioneering digital bank, has unveiled a series of significant enhancements to its mobile banking application, designed to…
Qatar: Ahlibank completes new bond issuance of $500mln for 5 years
Ahlibank has successfully completed the issuance of the sixth tranche of bonds valued at $500mn in the global debt markets.…
Oman Arab Bank offers 4% cashback to its credit card holders this Eid
In celebration of the upcoming Eid al-Fitr, Oman Arab Bank has announced the launch of its special Eid al-Fitr Spend…
Qatar Central Bank announces Eid Al Fitr holidays
The Qatar Central Bank has officially announced the Eid Al Fitr holiday schedule for all financial institutions across the country.…
QDB unveils partial guarantee investment program to promote investment and empower Qatar’s private sector
Qatar Development Bank has unveiled the specifics of its Partial Guarantee Investment program, introduced in late 2024 to stimulate venture…
Commercial Bank embraces holy month with series of CSR initiatives across Qatar
Commercial Bank, a leader in innovative digital banking solutions in Qatar, has launched a series of initiatives to celebrate the…
Turkish central bank to meet bank executives, banking sources say
Turkish Central Bank Governor Fatih Karahan will meet with board members of Turkey’s Banks Association (TBB) on Sunday to discuss…
Boursa Kuwait approves distribution of over KD 16mln in cash dividends for 2024 at its Annual General Assembly
Election of new Board of Directors for a three-year term Boursa Kuwait Securities Company (KPSC) held its Annual General Assembly…
ADCB credit rating upgraded to ‘A+’ by S&P driven by a strong financial position and high asset quality
High investment grade ratings support the Bank’s new strategy to sustain accelerated growth and double net profit to AED 20…
Boursa Kuwait confirms Mr. Bader Nasser Al-Kharafi as its Chairman
Following its 2024 General Assembly, Boursa Kuwait announced that its Board of Directors unanimously approved the formation of the new…