Saudi National Bank to issue USD-denominated tier 2 capital notes
The Saudi National Bank (SNB), rated Aa3 by Moody’s, A by S&P and A by Fitch, plans to issue US…
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GFH Financial Group denies plans to merge with Dubai’s Shuaa Capital
Dubai-listed GFH Financial Group, an investment firm headquartered in Bahrain, has dismissed speculation that it is planning to merge with…
Azizi Developments’ Azizi Grand reaches 35% construction milestone
Azizi Developments, a leading private developer in the UAE, has announced that construction at Azizi Grand in Dubai Sports City…
Deloitte Middle East advances AI integration with launch of Global Agentic Network
Deloitte has launched its Global Agentic Network, a strategic initiative designed to scale AI-driven digital workforce solutions for organizations around…
Türkiye's central bank weighs rate cut as inflation softens: analysts
Expectations are mounting that Türkiye's central bank could begin cutting interest rates sooner than anticipated, following a sharper-than-expected drop in…
Qatar bank issues $750m five-year sukuk
Qatar Islamic Bank has issued a $750m five-year sukuk, priced at a profit rate of 4.803%. The profit rate…
World Bank to end ban on nuclear energy projects, still debating upstream gas
The World Bank’s board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as…
Alvarez & Marsal released Q1 2025 UAE Banking Pulse
UAE banks post strong start to 2025 with 8.4% QoQ net income growth and improving return ratios Corporate and wholesale…
Are UAE banks doing enough to get women on board?
Recently, I stood on stage at the MENA BFSI Leaders Conclave in Dubai — facing a room full of CEOs…
NBK wins best bank for sustainable finance in Kuwait by Global Finance
The award reflects NBK’s commitment to incorporating sustainability in its operations and institutional culture. NBK is one of the first…
NBO Muzn Islamic Banking expands presence with new branch in Al Musannah
As part of our ongoing efforts to enhance accessibility and bring Islamic banking services closer to customers, NBO Muzn Islamic…
Cisco Powers secure infrastructure for the AI Era
Cisco has unveiled new innovations to help companies adapt and transform in the AI era. Enterprises are under pressure to…