Saudi Arabia’s march toward a cashless economy
Saudi Arabia has emerged as a regional leader in electronic payments, driven by rapid digital transformation, a sophisticated financial infrastructure,…
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Egyptian Countryside Development, Banque Misr sign agreements to support agricultural investment
The Egyptian Countryside Development Company and Banque Misr signed two cooperation protocols to support investments by Egyptians abroad under the…
CBE prohibits financing for company formation, capital increases, and dividend distributions
The Central Bank of Egypt has issued a directive requiring banks not to grant credit facilities to customers for the…
KFH–Bahrain trains more than 170 employees on AI technologies
Kuwait Finance House – Bahrain (KFH-Bahrain) has announced the successful training of more than (170) of its employees on Artificial…
CBB holds second Board meeting for 2026
The Central Bank of Bahrain’s (CBB) Board of Directors held its second meeting for the year 2026, chaired by Mr.…
Alizz Islamic Bank launches the fourth batch of ‘Manahil Alizz’ internship programme
Reinforcing its commitment to sustainable development, youth empowerment and the advancement of national talent, Alizz Islamic Bank has announced the…
GCC economy forecast to rebound 8.1% in 2027: ICAEW
The Gulf Cooperation Council economy is forecast to rebound 8.1 percent in 2027 after contracting 2.4 percent in 2026, as…
Phoenix Group appoints Phillip Ross to lead data center design and development as it scales its global AI infrastructure
Phoenix Group PLC has announced the appointment of Phillip Ross as Director – Data Center, Design and Development. The appointment…
Jordan set to receive $188m IMF financing amid regional turmoil
Jordan is set to receive $188 million in fresh International Monetary Fund financing to support economic reforms and stability amid…
Khaleej Times and Standard Chartered unveil the second edition of ‘Global Indians of the UAE’
Following the successful launch of Global Indians of the UAE, the year-long Khaleej Times editorial franchise, in partnership with Standard…
Khaleeji Bank launches its 2026 summer campaign for credit cards
Khaleeji Bank has announced the launch of its new 2026 summer campaign for Khaleeji credit cards, giving customers the opportunity…
Revolut gets UAE Central Bank licences ahead of full launch
Revolut has received Stored Value Facilities and Retail Payment Services licences from the Central Bank of the UAE, clearing a…