Gulf banks want AI, but can they keep control of customer data?
As banks in the Gulf explore new AI tools, the focus is increasingly shifting from what the technology can do…
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QNB Oman and AmwalPay Sign Strategic Agreement to Strengthen Digital Acquiring Services
QNB Oman and AmwalPay have announced the signing of a strategic partnership agreement aimed at enhancing digital payment acceptance services…
The DFSA records third consecutive year of double-digit registration growth
DFSA Annual Report 2025 182 new firms licenced and registered in DIFC in 2025, a 16% increase on 2024 –…
Standard Chartered H2 2026 Global Market Outlook: Navigating shifting sands
Standard Chartered Wealth Solutions Chief Investment Office (CIO) has released its Global Market Outlook for the second half of 2026,…
UAE Central Bank imposes Dh20 million fine on branch of foreign bank
The Central Bank of the UAE imposed a financial penalty of Dh20,000,000 on a branch of a foreign bank, pursuant…
NBK continues to enhance its premium banking services, offers exclusive benefits
In line with its commitment to meeting the aspirations of its diverse customer base and providing a comprehensive banking experience…
Qatar’s Dukhan Bank prices 5.5-year $500mln sukuk
Dukhan Bank, rated A2 (stable) by Moody’s and A (negative) by Fitch, has priced its $500 million AT1 sukuk at…
Praxis expands Middle East Corporate & Funds division with appointment of Head of Fund Operations GCC
Praxis has appointed Ameer Khan as Head of Fund Operations GCC, further strengthening its growing Corporate & Funds division in…
Standard Chartered to sell Bahrain retail operations to focus on larger markets
Standard Chartered is exploring options to sell its retail and wealth franchise in Bahrain as the UK-headquartered lender focuses on…
Ministry of Finance announces opening of subscription and pricing for UAE’s inaugural Sovereign Retail T-Sukuk programme
Approved channels include Dubai Financial Market’s Subscription platform, DFM app, iVestor app, and the digital channels of the receiving banks…
Egypt: FRA grants new approvals to 13 companies in non-banking financial activities
The Financial Regulatory Authority (FRA) has approved 13 companies to undertake a range of non-banking financial activities as part of…
Banque Misr raises return on 3-year Al Qema savings certificate
Banque Misr has increased the annual return on its three-year fixed-rate Al Qema savings certificate to 17.75% for customers receiving…