Saudi Central Bank: Driving Transformation in Digital Payments
Since its foundation, the Saudi Central Bank has endeavored to oversee and shape the development of the financial and banking…
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Commercial Bank awarded with best bank for SMEs in Qatar by Euromoney
Commercial Bank, a leader in innovative digital financial solutions, has been awarded with “Best Bank for SMEs” in Qatar by…
Housing Bank signs $10 million credit line agreement with Saudi EXIM
Housing Bank has signed a $10 million credit line agreement with the Saudi Export-Import Bank (Saudi EXIM) to finance Jordanian…
IMF completes fifth review of Egypt's $8 billion rescue program
Egypt has made progress towards macroeconomic stability and has been streamlining tax and customs procedures, but still needs to widen…
Iran, Oman explore ways to develop banking cooperation
Mohammad-Reza Farzin, Governor of the Central Bank of Iran and Qais Mohammed Al Yousef, Omani Minister of Commerce, Industry and…
GCC banks post record profits
Banks from the Gulf countries posted a record net profit of USD 15.6 billion in the first quarter of this…
UAE Central Bank orders halt to minimum balance hike
In a major new development, the Central Bank of the UAE on Tuesday instructed all banks operating in the country…
NBK-Egypt sees 58% higher profits in Q1-25
Egypt (NBK-Egypt) registered net profits valued at EGP 2 billion (KWD 12.60 million) in the first quarter (Q1) of 2025,…
Jordan’s major bank data stolen, claim hackers
A major bank in Jordan has allegedly been hit by a ransomware attack. Hackers are threatening to release confidential data…
Turkish central bank raises reserve requirements
The Central Bank of the Republic of Turkey has raised the reserve requirement ratio for commercial banks borrowing from abroad…
Tim Denton of Habib Bank AG Zurich: The UAE’s Ascent as a Global Wealth Structuring Hub
With over 25 years of experience in wealth structuring and 21 years based in Dubai, Tim Denton, DIFC SEO and…
StanChart Expands UAE Private Banking Frontline
Standard Chartered Private Bank has strengthened its United Arab Emirates front office with a series of strategic hires. Standard…