Al Salam Bank sells its stake in Gulf African Bank
Bahrain headquartered-Al Salam Bank has announced the sale of its 20.94% stake in Gulf African Bank, the largest Islamic Bank…
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ADX adds FAB as General Clearing Member
The Abu Dhabi Securities Exchange Group has expanded its post-trade ecosystem with the addition of First Abu Dhabi Bank (FAB)…
NBK reports net profit of KD 135.5mln in 1Q2026
NBK’s performance underscores the strength and resilience of its business model amid heightened regional and global uncertainty Our strong…
Bermuda signs amendment to Bahrain tax agreement
David Burt, the Premier and Minister of Finance, has signed a protocol amending the Double Taxation Agreement between Bermuda and…
UAE bans banks from using WhatsApp for customer services
The Central Bank of the United Arab Emirates has banned all banks and financial institutions from using platforms such as…
New strategic partnership in the Arab States region to enhance access to green finance for small and medium-sized enterprises
The United Nations Development Programme (UNDP), has signed a Joint Statement of Intent with the Islamic Corporation for the Development…
Madbouly appoints Omar Radwan as EGX Chairman for 1 year
Egypt’s Prime Minister Mostafa Madbouly has issued a decree appointing Omar Radwan as Chairman of the Board of Directors of…
United Arab Bank posts Dh75 million net profit for Q1
United Arab Bank on Wednesday announced that it posted a net profit of Dh75 million in the first quarter of…
KPMG report highlights eight critical cybersecurity priorities shaping 2026
The cyber-attack surface continues to expand, fueled by rapid technological change, the rise of non‑human threat actors, geopolitical shifts, and…
Dubai millionaires: Indians, Pakistanis, Saudis lead foreign-born wealthy list
Dubai is home to 900 ultra-rich people with assets of $30 million (Dh110 million), and a majority of foreign-born millionaires…
FAB unveils net zero transition plan in 2026 transition pathways update
Abu Dhabi: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial…
Oman opens Angola-based investment bank to deepen Africa trade links
Oman has established a new investment bank in Angola to expand its footprint in Africa’s fast-growing markets. The African Bank…