Dukhan Bank posts net profit of QR1.34bn for 2024
Dukhan Bank announced its financial results for the year ended31December 2024,reporting a record net profit of QR1.34bn, representing a 3%…
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ABK Receives ‘Best Investor Relationship Bank’ Award from International Finance
Al Ahli Bank of Kuwait is proud to announce that it has been awarded the title of Best Investor Relationship…
Qatar Central Bank launches first phase of Primary Dealer framework with Bloomberg
Qatar Central Bank recently launched the first phase of its Primary Dealer framework in collaboration with Bloomberg, marking a key…
Bahrain’s Bank ABC drops $400mln AT1 issuance plans
Bahrain’s Bank ABC has dropped plans to issue a $400 million Reg S AT1 Capital Securities after it announced initial…
How B2B BNPL is revolutionising global commerce
Arthur D. Little has unveiled its latest report, A Trillion-Dollar Opportunity, which explores the transformative potential of B2B Buy Now,…
Qatar’s banking sector to witness positive momentum in 2025
The Qatari banks are expected to be profitable and benefit from strong capitalisation and adequate liquidity, revealed S&P Global ratings…
Central Bank of Kuwait issues $660 million bond and tawarruq with 4.125 percent yield rate
The Central Bank of Kuwait announced the issuance of bonds and tawarruq worth KWD200 million ($660 million). The bank revealed…
NBB Launches Personal Finance Campaign Offering a Total of BHD 5,000 Cash Prizes
The National Bank of Bahrain has introduced its latest Personal Finance campaign presenting customers the chance to win a total…
Bahrain’s Bank ABC mandates banks for AT1
Bahrain’s Bank ABC has mandated joint lead managers and book runners for perpetual Additional Tier 1 capital securities to be…
Qatar National Bank reports strong profit growth
Qatar National Bank, the Middle East and Africa’s largest lender by assets, reported a 11 percent rise in fourth-quarter profit…
Kutayba Y. Alghanim announces sale of Gulf Bank stake to Warba Bank
Kutayba Y. Alghanim announces that he has entered into an agreement with Warba Bank to sell all the shares comprising…
Kuwait’s Warba Bank to acquire nearly 33% stake in Gulf Bank
Kuwait’s Warba Bank has agreed to acquire Alghanim Trading’s 32.75 per cent stake in Gulf Bank in a deal valued…