Alaa AlMashhadi appointed BNY Saudi Arabia Country Manager
BNY has announced that Alaa AlMashhadi has been appointed as Managing Director and BNY Saudi Arabia Country Manager, effective immediately.…
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Commercial Bank launches Qatar’s first-ever Metaverse auto marketplace on CBQ Mobile App
Commercial Bank has launched Qatar’s first Metaverse-enabled Auto Marketplace on the CBQ Mobile App. Through this innovation, customers can…
Bank Nizwa names Deputy Chief Executive Officer
Bank Nizwa, a leading Islamic bank in the Sultanate of Oman, has announced the appointment of Tariq bin Atiq as…
Oman's net wealth reaches $300bln in 2024, poised for steady growth
Real assets CAGR also decreased by 0.2%, reaching $197 billion. Liabilities remained stable at $13 billion in 2024 when compared…
Asset management as a pillar of financial sustainability in Saudi Arabia
Executive summary The challenge As Saudi Arabia transitions to accrual-based accounting, many public sector entities struggle to build…
Saudi banks power economic confidence
Saudi Arabia’s financial system continues to demonstrate notable resilience at a time when global markets remain shaped by uncertainty, tighter…
ADIB strengthens ESG ratings with MSCI and sustainalytics
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its position as a regional leader in sustainable…
Nasdaq Dubai welcomes USD 500mln Sukuk by Majid Al Futtaim amid strong momentum in Islamic Debt Markets
Nasdaq Dubai has welcomed the listing of a USD 500 million Sukuk issued by (MAF Sukuk Ltd.), as the company…
Real estate deal value climbs to QR2.261bn in November 2025
The real estate transactions index recorded a total value of QR2.261bn for 530 real estate deals in November this year.…
The UAE’s net wealth hits record high, reaching $3.12trln in 2024
The UAE’s financial wealth grew by 9.5% between 2023 to 2024, rising from $1.05 trillion to $1.15 trillion. Real assets…
Commercial Bank launches Qatar’s first-ever Metaverse Auto Marketplace on CBQ Mobile App
Commercial Bank has launched Qatar’s first Metaverse-enabled Auto Marketplace on the CBQ Mobile App. Through this innovation, customers can…
Kuwait’s banking sector records strong growth in loans, deposits, and assets
Consolidated financial data for Kuwait’s banks for the first nine months of 2025 showed strong growth, with the sector’s loan…