SABB’s shares rise after H1 profit surges 10% to $559m
Shares of Saudi British Bank increased by 0.72 percent at the end of Wednesday trading, after it announced a 10-percent…
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Banque Misr sells entire stake in EFIC
Banque Misr has sold its 9.98% stake in the Egyptian Financial and Industrial Company (EFIC), according to a recent bourse…
Ministry of Climate Change and EDB to finance agriculture SMEs and start-ups
The Ministry of Climate Change and Environment and Emirates Development Bank have signed an initial pact to finance “modern” agricultural…
Bahrain’s Al Salam Bank sets up Robotic Process Automation
Bahrain’s Al Salam Bank, in collaboration with 10xDS (Exponential Digital Solutions), has implemented Robotic Process Automation (RPA) solution on Blocked…
Central Bank of Oman warns of climate risks to financial stability
The Central Bank of Oman has warned climate change is an emerging risk to the financial system of the oil-exporting…
NBB launches new ‘Double Points’ campaign
The National Bank of Bahrain (NBB) has launched the Double Points campaign for all credit and prepaid cardholders. The…
First Abu Dhabi Bank subsidiary FAB Securities raises Saudi National Bank's target price
FAB Securities, a subsidiary of First Abu Dhabi Bank, has revised the target price of Saudi National Bank , the…
LendTech innovator TSLC wins two awards at the 2022 ABF Wholesale and Retail Banking Awards
The Social Loan Company (TSLC), a leading credit-led financial wellness platform, is awarded the “FINANCIAL INCLUSION INITIATIVE OF THE YEAR…
Qatar First Bank posts QAR 42mln net profit in first half of 2022
Qatar First Bank has announced its financial results for the six months’ period ending 30th June 2022, reporting a net…
IsDBI initiates 1st Arabic language online course on edX Platform
The Islamic Development Bank Institute (IsDBI) is offering its first Arabic online course on introducing the concept of transforming conventional…
OAB launches new scheme offering guaranteed returns of up to 5.75% per annum
Oman Arab Bank (OAB) launched its newest scheme, the OAB Savings Basket, in line with its efforts to enhance financial…
July brings cheer for UAE businesses from higher orders, and they are also hiring: S&P Global
Major summer promotions and new orders ensured that UAE business activity recorded a strong showing through July. This was enough…