Kuwait: KFH announces $549.4mln net profit in Q1 2025
Kuwait Finance House (KFH) announces a net profit of KD 168.1 million for the first quarter of 2025 for shareholders,…
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Commercial Bank awarded ‘Best in-class Straight Through Processing rates’ by JP Morgan
Commercial Bank, a leader in innovative digital banking solutions in Qatar, was recognised with ‘Best in-class Straight Through Processing (STP)…
QInvest realises 43% return on investment on class A multi-family US residential real estate project
QInvest, Qatar’s leading investment group and one of the world’s most prominent Islamic financial institutions, yesterday announced the successful exit…
QIIB net profit surges 6.3% to QR356.4m in Q1 2025
Chairman of the Board of Directors at QIIB, Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani, announced the bank’s financial…
Invest Qatar and QNB partner to offer tailored services to foreign investors
Invest Qatar, the Investment Promotion Agency of Qatar, and QNB have announced a strategic partnership aimed at enhancing the ease…
GCC Islamic banks to witness more M&A activity in 2025
Islamic bank mergers and acquisitions are expected to rise in the GCC in the short to medium term, driven by…
Boubyan Bank records KD 26.5mln in net profits for Q1 2025
Profit Before Tax Grew by 22% to KD 31.4 Million Adel Al-Majed: Boubyan Maintains Its Solid Financial Position & Profit…
Bank Nizwa signs MoU with Knowledge Oman
Reaffirming its dedication to raising awareness of Islamic finance and engaging meaningfully with the community, Bank Nizwa, the leading and…
NBK reports net profit of KD 134.1mln for 1Q2025
Al-Bahar: Once again, NBK reaffirms its agility in navigating economic shifts The Bank’s strong financial performance reflects the success of…
UAE Central Bank hits banking entity with 'financial sanction'
A UAE bank has been hit with financial sanctions by the UAE Central Bank for gaps in its internal anti-money…
EFG announces strategic leadership appointment in Dubai
EFG (Middle East) Limited in Dubai has announced the appointment of Soha Nashaat as its new Executive Chair, effective 01…
Fund firms fear bank backlash over direct family office business
Fund managers fear a backlash from private banks over the growing amount of direct business they are writing with the…