Vision Bank launches SME financing to support cross-border trade
Vision Bank, the Abu Dhabi Global Markets (ADGM)-headquartered Islamic bank founded and wholly owned by GII Group, has announced the…
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Roland Berger: Gulf banks reduce bad loans, but underlying credit risks remain
Banks across the GCC have significantly reduced their non-performing loan ratios over the past five years. However, a new…
Kuwait tightens anti-money laundering rules for gold, real estate sectors
Kuwait has introduced stricter anti-money laundering and counter-terrorism financing rules for gold and precious metals traders and the real estate…
Pictet AM strengthens its ETF business in EMEA with the signing of Alfred Le Léon
Pictet Asset Management has appointed Alfred Le Léon as ETF distribution director for EMEA (Europe, Middle East and Africa), a…
Jordan Kuwait Bank Extends Strategic Partnership with Al Aman Fund for the Future of Orphans
The Jordan Kuwait Bank renewed its strategic partnership with the Aman Fund for the Future of Orphans for the years…
Jordan Kuwait Bank Marks Golden Jubilee with Guinness World Records Title for the Largest Coin Mosaic Depicting a Logo
In celebration of its Golden Jubilee, Jordan Kuwait Bank has achieved a Guinness World Records™ title in the category of…
CBUAE strengthens UAE’s role in G20 financial stability efforts
The Central Bank of the UAE (CBUAE) concluded its participation in the Fourth G20 Finance and Central Bank Deputies Meeting…
Middle East Energy 2026 opens in Dubai, bringing global energy leaders together to power the region’s future
Middle East Energy 2026 officially opened today at Dubai World Trade Centre, celebrating the landmark 50th edition of the region’s…
Jordan Ahli Bank appoints Ahmad Jaradat as head of Personal Banking
Jordan Ahli Bank has announced the appointment of Mr. Ahmad Jaradat as Head of Personal Banking, joining the management team…
ANB plans USD-denominated AT1 Sukuk
Arab National Bank (ANB) plans to issue US dollar-denominated Additional Tier 1 (AT1) capital sukuk under its international AT1 capital…
Lesha Bank completes acquisition of equity interests in diversified aviation portfolio
Lesha Bank LLC (Public) ("Lesha Bank" or the "Bank"), through its Lesha Aviation Fund, has successfully completed the acquisition of…
UAE is home to 59 billionaires with combined wealth of $201 billion
The UAE’s billionaire population accounted for about 1.4 per cent of the global total of 3,795 billionaires, while their combined…