ADCB, Al Hilal Bank brings UK digital banking to UAE nationals
ADCB and its Shari’ah compliant digital banking subsidiary Al Hilal Bank have announced a new partnership with Bank of London…
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National Bank of Kuwait Q1 2023 net profit up 15%
National Bank of Kuwait (NBK), the Gulf country's largest lender, posted a net profit of 134 million dinars ($437 million)…
Sharjah Islamic Bank’s operating profit increased by 32% and net profit by 25% for the first quarter of 2023
Sharjah Islamic Bank (SIB) announced that its operating profit before provisions increased by 31.9 per cent , amounting to Dh327.7…
UAE launches global competition for sustainability-focused tech start-ups
All participating start-ups will be able to pitch their technologies and connect with investors and experts during the competition. Competition…
United Arab Bank reports financial results for the quarter ending 31st March 2023
Q1 2023 Highlights 80% increase in Q1 2023 Net Profit compared to Q1 2022 Net Interest income increased by 38%…
QFCA partners with R3 to boost Qatar’s fintech sector
The Qatar Financial Centre Authority, the legal and tax arm of the Qatar Financial Centre, has signed a memorandum of…
Qatar's QIIB first quarter net profit jumps 7.1% to $95mln
QIIB has posted a first quarter (Q1) net profit of QR316mn, up 7.1% on the same period last year. …
Gulf Bank raises awareness on the importance of avoiding anonymous messages and contacts from unknown origins
AbdulMohsen AlNassar: “I advise customers not to share their banking details with others.” As part of its keenness to promote…
Inside Dubai's real estate boom: Why Indian investors are dominating property purchases and set to continue in 2023
In 2022, Indians emerged as top home buyers in Dubai, with purchases worth Rs 35K crore, the recent report showed.…
RAK Properties appoints James Marsh as Chief Development Officer
RAK Properties PJSC, Ras Al Khaimah’s leading private property developer announces the appointment of James Marsh as their Chief Development…
Mbank partners with Dgpays to offer a digital wallet integrated with next-level financial solutions
Al Maryah Community Bank (“Mbank”), a leading digital bank in the United Arab Emirates, has partnered with Dgpays Group ("Dgpays”),…
Jordan Ahli Bank becomes first in the Middle East to integrate AI to customer service with "ahliGPT"
Jordan Ahli Bank launched its new artificial intelligence (AI) system "ahliGPT", becoming the first bank in the Middle East to…