Oman’s Bank Muscat Q3 net profit up nearly 8%
Bank Muscat, Oman's biggest lender by assets, made a net profit of 170.79 million riyals ($443 million) for nine-month 2024,…
Retail Banking
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KFH selects Gieom to digitally transform its policies & procedures
Kuwait Finance House has signed an agreement with Gieom to implement the Digital Blueprint software and drive the digitisation of…
Qatari lenders return to global debt markets to refinance and diversify funding
Despite being well capitalised on the back of high profitability, Qatari banks have been extraordinarily active in the international debt…
Saudi banks reach highest-ever levels of credit
Saudi Arabia has reached its highest-ever levels of bank credit, latest figures show, the Saudi Press Agency (SPA) reported. …
NBB Receives 2023 US-Dollar Clearing Recognition Award from J.P. Morgan
The National Bank of Bahrain has received the 2023 J.P. Morgan US-Dollar Clearing Recognition Award for achieving an exceptional Straight-Through…
Dukhan Bank reports a net profit of QAR 1.14bln for the nine-month period ended 30 September 2024
Group’s total assets reached QAR 116.7 billion, a highest level achieved in the Bank’s history Robust CAR of 17.4%, well…
Saudi EXIM Bank and DL Hudson sign USD 50mln credit facility agreement
The Saudi EXIM Bank has signed a USD 50 million credit facility agreement with DL Hudson Limited, which aims to…
QNB unifies its brand to enhance global presence
QNB Group, a leading financial institution in the Middle East and Africa, has announced a significant strategic move to unify…
QDB introduces 0% short-term financing to companies that settled NRGP loans
Qatar Development Bank (QDB) launched an initiative to motivate existing Qatari companies that completely settled their loans under the National…
QNB concludes Emerging Leaders Program
QNB Group, the largest financial institution in the Middle East and Africa, announced the successful conclusion of its Emerging Leaders…
New Bank of Bahrain Investment Product Pairs Bitcoin Growth Potential With Capital Security
In a move to offer accredited investors the ability to capitalise on Bitcoin’s long-term growth while ensuring capital preservation, the…
Qatar: Total assets of commercial banks up 6.8% to $549bln in August
The total assets of commercial banks operating in Qatar increased by 6.8 percent to QR2 trillion in August 2024 according…