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Retail Banking

Al-Sager: NBK’s 1Q2026 performance underscores the resilience of its diversified business model

April 29, 2026

On the sidelines of the Analysts Conference for the First Quarter of 2026 NBK’s 1Q2026 performance underscores the resilience of…

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Retail Banking

DIB begins 2026 with solid momentum, posting 13% YoY revenue growth

April 29, 2026

Operating Profit up 12% YoY to AED 2.5 billion, reflecting a highly efficient operating model Broad-based revenue growth across key…

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Hedge Funds & Alternative Investments

Iraq ranks among top global central bank gold buyers since 2020

April 28, 2026

The Central Bank of Iraq  ranked among the world’s largest central bank gold buyers between 2020 and 2025, amid a…

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Executive Moves

Knight Frank appoints Ahmed Moustafa to lead Project & Development Services across Egypt and Africa

April 28, 2026

Knight Frank has appointed Ahmed Moustafa as Partner, Head of Project & Development Services (P&DS) for Egypt and Africa, strengthening…

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Financial Results

Saudi banks post record quarterly profits of $6.4bn

April 28, 2026

Saudi Arabia’s banking sector reinforced its role as a pillar of the national economy, posting a record start to 2026…

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Financial Results

Saudi Awwal Bank reports SR2.1bn net profit for Q1

April 28, 2026

Lubna S. Olayan, chair of the board of directors of the Saudi Awwal Bank, has announced the bank’s financial results…

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FinTech

Emirates Islamic launches Sharia-compliant digital gold and silver investment

April 28, 2026

Emirates Islamic has launched a new digital investment service that allows customers to buy and sell gold and silver through…

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Hedge Funds & Alternative Investments

IFC board to vote on $100mln loan for hotel overlooking Grand Egyptian Museum

April 28, 2026

The International Finance Corporation (IFC) is in the final stages of approving a $100 million senior secured corporate loan to…

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Executive Moves

Ooredoo Palestine Appoints Dr. Firas Melhem as Chairman of its Board of Directors

April 28, 2026

Ooredoo Palestine has announced the election of Dr. Firas Melhem as the new Chairman of the company’s Board of Directors,…

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Financial Results

Saudi Arabia’s banks post record profits

April 28, 2026

SAUDI Arabia’s banking sector reinforced its role as a pillar of the national economy, posting a record start to 2026…

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Comment & Analysis

How the Middle East war is boosting family offices, private banking in Hong Kong and Asia

April 27, 2026

The Middle East war has created new opportunities for family offices and private banking businesses in Hong Kong and Asia,…

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FinTech

Kiwe secures final CBE approval to launch social-centric fintech platform

April 27, 2026

Kiwe, the home-grown fintech startup designed around how people use money today, has received final approval from the Central Bank…

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