QDB recognized as best digital bank at 2024 Banking Excellence Awards
Qatar Development Bank was named the Best Digital Bank in Qatar at the 2024 Banking Excellence Awards by MEED research…
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QIB Wins Five Awards at The Asset Triple A Islamic Finance Awards
Qatar Islamic Bank has been recognized with five awards at The Asset Triple A Islamic Finance Awards 2024. The…
Family offices confident recent growth in wealth will continue
68% of family office professionals say the value of their organisation’s assets has increased in the past five years, and…
GCC Islamic banks to maintain strong profitability driven by economic growth
The profitability of Islamic banks in the Gulf Cooperation Council (GCC) is expected to remain strong over the next 12-18…
PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital
PGIM, which had $1.33tn in assets under management as of June end, obtained a Financial Services Permission (FSP) to operate…
Paymob secures $22m extension to Series B funding, raises $72m in total
The new funding will support the company’s strategic growth initiatives and reinforce its leadership in the regional fintech sector. …
UAE bank close to acquiring $5b stake in Indian bank
A leading UAE-based bank is in talks to acquire a stake in an Indian bank, with an investment expected to…
Shane Horgan leads new Digital practice of Global Think Group
Global Think Group has launched a new integrated Digital practice, expanding its communications, policy, marketing, and creative services to now…
Qatar: Commercial Bank reinforces commitment to sustainability, digital innovation at Arab Banking Conference
Commercial Bank, a leader in innovative digital banking solutions in Qatar participated as an innovation partner in the prestigious Arab…
Arab Monetary Fund official lauds performance of Qatar’s banking sector
Qatar’s banking sector has high ranking among the Arab countries in regards to capital adequacy ratio that has reached 19.2…
EBRD promotes digital transition in Egypt
EBRD and others invest US$ 22 million in Paymob for product and marketing development Paymob is the leading payment processing…
Saudi Arabia’s banks see continued growth in loans & advances, deposits, and profitability in second quarter
Loans & Advances (L&A) increased by 3.2 percent QoQ, driven by corporate/wholesale banking. Banks looking at an interest rate…