KFH wins “Kuwait’s Best Bank” award from Euromoney
Kuwait Finance House was recognized for its leading position in the Islamic banking sector by winning five prestigious awards at…
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Kuwait’s Burgan Bank signs core banking deal with TCS BaNCS
Kuwait-based Burgan Bank has announced signing an agreement with Tata Consultancy Services to upgrade its core banking system by implementing…
Commercial Bank, Kotak International unlock investment opportunities in India
Commercial Bank hosted an exclusive event with Kotak International to explore the investment opportunities in rising India. India presents…
United Arab Bank partners with Network International for omnichannel payment solutions
United Arab Bank has collaborated with Network International (Network), the leading enabler of digital commerce across the Middle East and…
UAE banks set to achieve strong results despite likely rates cut
Banks in the UAE will continue to achieve strong results during this year, supported by prevailing high interest rates despite…
E-commerce market in the UAE is expected to surpass Dh48.8 billion by 2028
The UAE’s total e-commerce market size reached Dh27.5 billion in 2023, and is expected to surpass Dh48.8 billion in 2028,…
Fintech firm Hala gets SAMA approval to offer debt-based crowdfunding solutions
Saudi businesses are set to gain access to new crowdfunding solutions as Hala Payments Co. has received licensing approval from…
NBK warns against transferring money to unknown parties
The bank stresses the necessity to verify people’s identity before money transfers Random calls may target stealing and cloning…
Saudi Awwal Bank opens new branch in SAB Tower
Saudi Awwal Bank, one of the leading banks in the Kingdom, inaugurated its newest integrated branch in the SAB Tower. …
Infosys & First Abu Dhabi Bank to modernize its banking infrastructure services
Infosys, a global next-generation digital services and consulting, has announced a multi-year strategic collaboration with First Abu Dhabi Bank (FAB),…
UAE residents start getting loan deferments on their April 16 rain damage claims
UAE residents are starting to receive loan deferment approvals from their banks on claims that they had sustained extensive damage…
Oman’s public debt slightly declines to $39bn
Oman’s public debt stood at 15.1 billion Omani rials ($39.23 billion) by the end of March, marking a slight decrease…