QIB Named Islamic Bank of the Year in the Middle East by The Banker
Qatar Islamic Bank has been named Islamic Bank of the Year in the Middle East by The Banker (Financial Times…
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Central Bank of Bahrain signs MoU with National Bank of the Kyrgyz Republic
The Central Bank of Bahrain announced the signing of a Memorandum of Understanding (MoU) with the National Bank of the…
Bahrain Bourse announces election of Yousif Abdullah Al Yousif as Chairman of the Board during first meeting held following the board reformation
Bahrain Bourse, a licensed exchange by the Central Bank of Bahrain, held its first Board Meeting on Sunday, 1st June…
Akin Grows Investment Management Practice in Abu Dhabi with Addition of Skye Smith
Akin has announced that Skye Smith has joined the firm as a partner in its investment management practice. Smith will…
Qatar Islamic Bank mandates for USD 5-year sukuk
Qatar Islamic Bank , rated A1 by Moody’s / A by Fitch, has mandated banks to arrange a USD-denominated Reg…
Global private equity dealmaking slows down amid headwinds
Global private equity dealmaking started to slow down in the second quarter of the year amid uncertainty and recent turmoil…
Claritev appoints Mohamed Ramzy as SVP and General Manager, International to lead geographic expansion
Strategic leadership and operational collaboration underscore Claritev’s commitment to growth in the Middle East and international business development outside the…
UAE halts hike in minimum bank account balance until further notice
The UAE Central Bank ordered all banks to halt planned hikes to the minimum balance requirement for personal accounts on…
Islamic banking in Egypt surges to EGP 1.08trn in March 2025
The volume of Islamic banking in Egypt reached EGP 1.079trn in March 2025, marking a year-on-year increase of EGP 379bn…
Oman’s banking sector credit rises 9pc to $87.3b
Total outstanding credit extended by Oman’s banking sector, comprising both conventional and Islamic institutions, rose by 9 per cent year-on-year…
Sohar International honored with three awards at NABS 2025
Reaffirming its stature as a multifaceted banking leader—defined by strong growth, purposeful innovation, and societal impact, Sohar International was honored…
HK SFC & Saudi Capital Market Authority boost cooperation
Hong Kong’s Securities and Futures Commission’s Chief Executive Officer Julia Leung has met with Board Commissioner Abdulaziz Bin Hassan of…