EGX shows positive performance on Sunday
The Sharia-compliant index, EGX33 Shariah, increased by 2.53% to 4,317.66 points. Likewise, the EGX35-LV edged up by 1.04% to…
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QNB Group named Qatar’s Best Cash Management Bank 2025 by Euromoney
QNB Group has been recognised as Qatar’s Best Cash Management Bank 2025 by Euromoney, during the Transaction Banking Awards ceremony…
Ithmaar Bank appoints Hani Ghayath as Head of IT
Ithmaar Bank B.S.C. has announced the appointment of Hani Ghayath as Head of Information Technology (IT), reporting to Ithmaar Bank…
CBE to Offer $950m Treasury Bills on Monday
The Central Bank of Egypt will on Monday offer a local Treasury bill auction denominated in US dollars, valued at…
LG announces organizational changes for 2026
LG Electronics has announced that Lyu Jae-cheol will assume the role of Chief Executive Officer, effective December 1. Mr. Lyu…
FABMISR achieves 8% growth in net profit in the nine months of 2025 after neutralizing FC impact
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, announced its financial results for the…
Weyay Bank marks four years as Kuwait’s digital banking pioneer
Weyay Bank, Kuwait’s first digital bank, reinforces its position as a pioneer in digital banking since its establishment four years…
How wealth managers can thrive in the GCC's rapidly evolving market
In brief The GCC wealth management sector is experiencing rapid growth, driven by evolving client expectations and strategic government reforms.…
DWS, Deutsche Bank and Doha-based family office launch €1bn German mandate
DWS, Deutsche Bank and Al Mirqab Capital, a Doha-based private family office, announced the launch of a €1bn ($1.16bn) German…
Bahrain and the Middle East funds industry: the next frontier for UK and European investors?
Bahrain’s recent announcement of $17 billion of inward investment at its Gateway Gulf conference earlier this month has underscored the…
UAE puts crypto and DeFi under central bank rule
The United Arab Emirates (UAE) has passed a comprehensive new central bank law involving financial regulation of digital assets and…
Syrian Central Bank drafts regulatory framework for SWIFT’s return
The Central Bank of Syria is preparing a new regulatory and supervisory framework to reactivate and develop correspondent banking relationships…