Digital banking drives Saudi Arabia’s financial transformation
The Saudi Central Bank, or SAMA, announced that it has granted no objection to the new digital bank, D360 Bank,…
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Jordan attracts $1.3b worth of foreign direct investments by September 2024 – CBJ
Foreign Direct Investment inflows to the Kingdom increased during the third quarter of 2024, reaching $457.8 million, a 3.7 per…
ADIB Opens 72Nd Branch At Mall Of Egypt
Egypt (ADIB) has opened its 72nd branch inside Mall of Egypt, further expanding its Network across Egypt. This new…
Oman's Ominvest secures $500mln facility from GIB, ABK and Gulf Bank
Omani investment company Ominvest has secured a $500 million facility by Gulf International Bank, ABK and Gulf Bank, it said…
QIB introduces innovative features to its mobile apps
Qatar Islamic Bank has introduced a series of new features in its QIB Mobile App and Lite App, bringing enhanced…
Farro Ventures Expands Businesses in Singapore, Dubai
Farro Ventures, parent company of multi-family office Farro Capital, has expanded multiple businesses with new hires. Farro Venture has…
Burj Khalifa Hits AED 467.1 Million in Sales for 2024: A Beacon of Dubai's Real Estate Brilliance
The Burj Khalifa, an enduring symbol of Dubai’s innovation and ambition, remains a powerhouse in the luxury property market. In…
Mashreq completes $385mln sale of majority stake in Neopay
Mashreq, one of the MENA region’s leading financial institutions, has announced the completion of the sale of a majority stake…
Crypto.com Forges New Partnership with Dubai Islamic Bank
Crypto.com has recently announced a promising partnership with Dubai Islamic Bank , marking a strategic move to enhance its cryptocurrency…
AM Best confirms Dubai National Insurance’s strong credit rating of A- (Excellent) with stable outlook
Dubai National Insurance (DNI), one of the leading insurance companies in UAE, has received a stable outlook for its Financial…
Kaspersky study: Companies seek specialized expertise to combat AI cyber threats
As concerns about the use of AI in cyberattacks increase, companies worldwide are racing to bolster their cybersecurity strategies, according…
Saudi banks’ money supply hits $786bn, time and savings deposits share at 15-year high
Saudi banks money supply reached SR2.95 trillion ($785.51 billion) in November, marking a 10.3 percent rise compared to the same…