NBK garlanded with 13 awards reinforcing its remarkable excellence in digital banking
The bank won 6 local, 5 regional awards, and 2 awards in Financial Innovation Labs NBK named “Best Consumer Digital…
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Fintech take-off in the Middle East
There are currently over 470 fintech unicorns globally, with 40 of them added just in Q1 2022. That equates to…
International Securities launches global trading and digital onboarding platform
International Securities, an Abu Dhabi-based securities brokerage firm, and a subsidiary of the International Holding Company, has launched a new…
Saudi Arabia to establish new unified regulator for insurance sector
Finance Minister Mohammed Al-Jadaan stated on Wednesday that a new unified regulator for the insurance sector in Saudi Arabia would…
Saudi move to host IMF regional office
The Saudi Council of Ministers authorized on Tuesday minister of finance to discuss with the International Monetary Fund about the…
Higher-income, easing provisions drive UAE banks’ profitability growth
The bottom-line profitability of the four largest banks that account for 70 per cent of the total UAE banking assets…
Capital Market Authority approves amending business list of BNP Paribas Saudi Arabia
Saudi Arabia’s Capital Market Authority has approved the request of BNP Paribas Investment Co. to amend the list of businesses…
NBB backs SMEs with upgraded Tamweel Al Watani scheme
The National Bank of Bahrain has launched an updated version of its Tamweel Al Watani lending scheme to enable a…
Qatar Investment Authority launches new initiative to boost liquidity
Qatar Investment Authority, a sovereign wealth fund with around $460 billion in assets, has launched a market-making initiative to boost…
Kuwait Central Bank appoints its first female deputy governor
The Central Bank of Kuwait has named Sahar Al-Rumaih as its deputy governor in a first-ever such appointment of a…
Dubai Islamic Bank P J S C : Going Green with EVolve – DIB's Sustainable Auto Finance
In a world increasingly focused on sustainability, Dubai Islamic Bank has unveiled a new Green Auto Finance that goes in…
Ahlibank wins ‘Best Bank in Oman’ Award for the Year 2022
In recognition of its continuous endeavor to adopt a culture of innovation and excellence across all operations that cater to…