Boubyan Bank posts net profits of KD 45m for period ended 30 Sept
Boubyan Bank has announced net profits of KD 45 million for the period ended 30 September 2019, at a growth…
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China Could Be the Big Winner of Saudi Arabia’s Race to Become a Tech Hub
Over the summer, with little notice, Saudi Arabia issued a royal decree mandating the establishment of the Authority for Data…
Al Rayan Bank’s ex-CEO takes legal action to clear his name and reputation
On 5th August 2019, The Times posted an article titled “Female Circumcision is like clipping a nail, claimed speaker”, using…
CBK’s conditional approval for KFH acquisition of AUB
Kuwait Central Bank has agreed with strings attached to Kuwait Finance House’s acquisition of Bahrain’s Al-Ahli United Bank, the country’s…
Sudan receives $1.5bn from Saudi Arabia, UAE
Sudan has received $1.5 billion of a total of $3 billion aid pledged by Saudi Arabia and the United Arab…
Dubai Silicon Oasis signs MoU with Mashreq Bank on the sidelines of GITEX
Dubai Silicon Oasis Authority, signed a memorandum of understanding with Mashreq Bank on the sidelines of GITEX Technology Week 2019,…
Saudi central bank vets local lenders ahead of Aramco IPO: sources
The Saudi central bank is vetting local lenders' exposure to Saudi Aramco ahead of an initial public offering (IPO) of…
Bank Nizwa CEO: Compliance with Sharia is key to make Islamic Finance mainstream in Oman
Continuing to lead the Islamic finance industry across the Sultanate, Bank Nizwa CEO, Khalid Al Kayed and Shari’a Supervisory Board…
NBB push to comply with data protection law
National Bank of Bahrain announced it is leading efforts to comply with Bahrain’s new Personal Data Protection Law which came…
JPMorgan Private Bank Hires Former New York Fed Trader Zief
J.P. Morgan Private Bank has appointed former Federal Reserve Bank of New York trader and analyst Samuel Zief as head…
Global Islamic Financing Market 2019: Abu Dhabi Islamic Bank, Al Baraka Banking and Al Rajhi Bank
Global Islamic Financing Market 2019 is a complete research study which portrays the present Islamic Financing industry situations. Our…
Bank ABC Wins the Most Innovative Arab Bank of the Year Award
Bank ABC has been awarded “Most Innovative Arab Bank of the Year” at the FinX Awards 2019, organised by Fintech…