QNB to modernise national surveillance infrastructure
QNB announced the awarding of a landmark and strategically significant project to Ooredoo Qatar for the complete modernisation of its…
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Aramco announces third quarter 2025 results
Adjusted net income1: $28.0 billion (Q3 2024: $27.7 billion) Cash flow from operating activities: $36.1 billion (Q3 2024: $35.2 billion)…
Gulf markets rise for 2nd month, MSCI GCC Index up 1.2%
Gulf Cooperation Council equities recorded their second consecutive monthly gain in October as the MSCI GCC index rose by 1.2…
NBK Reports KD 467.4 Million in Net Profit for 9M2025
National Bank of Kuwait has announced its financial results for the nine-month period ended 30 September 2025, reporting a net…
EGP strengthens against USD at Egyptian banks on Thursday
The exchange rate between the USD and the EGP fell to EGP 47.19 for purchasing and EGP 47.29 for selling…
NBK is redefining future of finance by integrating digital services into people’s lives: Al-Kharafi
Mohammad Al-Kharafi, Group Chief Operating Officer, Group Operations, Technology and Data at National Bank of Kuwait (NBK) took part in…
QNB, TransferMate partner to expand global B2B multicurrency collections capabilities for corporate customers
QNB Group, the largest financial institution in the Middle East and Africa, has announced a strategic partnership with TransferMate, the…
CBK reports drop in money supply
The Central Bank of Kuwait (CBK) announced on Sunday a 0.2 percent decline in the country’s broad money supply (M2)…
Arab Bank Group 9-month profits grow 9.3% to $818mln
Arab Bank Group reported solid results for the first nine months of 2025, with 9.3% increase in net income after…
SABIC reports 7% revenue decline and lower profit in Q3
Saudi Basic Industries Corporation (SABIC) has reported a 7% year-on-year decline in revenue for the third quarter of 2025, with…
Al Salam Bank launches ASB Pay Business
Al Salam Bank announced during its participation in the Gateway Gulf 2025 Forum in the Kingdom of Bahrain the launch…
Grant Thornton adds three members to partner team in Saudi Arabia
Global accounting and consulting Grant Thornton has in recent months strengthened its senior team in Saudi Arabia with three new…