Sohar International empowers wholesale banking clients
In another major milestone towards furthering its digitalisation agenda, Sohar International announced the launch of its online Unified Transaction Banking…
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Turkey’s banks are adopting Russian payments system: Erdogan
Five Turkish banks have adopted Russia’s Mir payments system, Turkey’s President Recep Tayyip Erdogan said on his return from talks…
QIB Group CEO wins Asian Banker ‘CEO Leadership Achievement for Qatar Award’ for 2nd consecutive time
Qatar Islamic Bank Group CEO Bassel Gamal has received the Asian Banker CEO Leadership Achievement for Qatar Award for the…
Banque Misr to set up representative office in Kenya
Arab Arab Finance: Banque Misr has obtained the approval of the Central Bank of Kenya to establish there a representative…
Exceptional year for UAE citizens’ housing, with financial support of over $6ln
The UAE’s citizens' housing file in 2022 has achieved significant regulatory progress, and attained massive financial allocations for federal and…
Saudi Arabia posts $20.8bn budget surplus in Q2, the highest at least since 2019
Saudi Arabia has posted a SR77.9 billion ($20.8 billion) budget surplus during the second quarter of 2022, the Ministry of…
Qatar initiates measures to curb rising inflation: Kamco Invest
Qatar, which is gearing up to host the FIFA World Cup later this year, has already initiated measures to curb…
'KHCB' reports BD 6.81mln net profit attributable to the bank’s shareholders in the first half of 2022
Khaleeji Commercial Bank has recently announced its financial results for the second quarter ended 30th June 2022, reporting a Net…
Mohamad Majid (KPMG) on digital pillars of UAE's public sector
The economic and social turbulence caused by the pandemic has triggered a shift in consumer behaviour and expectations. Customers’ evolving…
CBRE advises on acquisition of Doubletree by Hilton in Marjan Island
Abu Dhabi’s biggest developer Aldar Properties has expanded its hospitality and leisure portfolio in the UAE with the acquisition of…
PwC crypto head sets up digital asset fund in Dubai
PwC’s global crypto leader has left his role at the company to set up a digital assets fund in Dubai,…
Amlak Finance reports 35% higher profit in H1-22
The net earnings of Amlak Finance went up by 35% on a yearly basis by the end of the first…