HSBC reaffirms confidence in GCC as Iran-US conflict rattles markets
HSBC remains confident in the long-term prospects of Gulf economies despite escalating conflict across the Middle East, Group Chief Executive…
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Why the UAE can withstand shocks from escalating Iran–US conflict: 6 reasons
A fresh assessment from S&P Global Ratings highlights the structural strengths that help shield the UAE economy from geopolitical shocks.…
Sustainable Finance Awards 2026: Middle East
Middle East sustainable finance grows rapidly, led by two countries, but the region still faces major funding gaps and climate-adaptation…
Sohar International opens new branch at Al Mouj in Muscat
Sohar International, an Oman-based commercial bank providing retail, corporate, and investment banking services, has opened its 59th branch in Al…
CBK affirms the continuity of banking operations and the resilience of the banking sector
The Central Bank of Kuwait confirms the banking sector’s high operational readiness and resilience, ensuring uninterrupted banking services across all…
Gulf Bank reaffirms full operational continuity across all retail and corporate banking channels
In response to current regional developments, Gulf Bank has confirmed that its core banking systems and technical infrastructure are operating…
Karm Holding secures EGP 70mln shariah-compliant financing from Banque Misr to expand Cairo 3A project
Venus, a subsidiary of Karm Holding, has secured Shariah-Compliant financing worth EGP 70 million from Banque Misr to support the…
Banks, institutions suspend operations in Kuwait after Iranian attacks
Several banks and public institutions in Kuwait temporarily closed their main offices on Sunday because of ongoing attacks from Iran…
UAE’s crypto adoption surges as banks shift from pilots to production
The UAE’s digital‑asset landscape is entering a decisive new phase, with banks and financial institutions rapidly progressing from blockchain experimentation…
QCB continues implementing remote work system in financial institutions
Qatar Central Bank announced that it has been decided to continue implementing the remote work system for no more than…
Egyptian pound weakens past 52 per dollar amid regional tensions
The dollar closed at EGP 52.11 for buying and EGP 52.21 for selling, according to data from the Central Bank…
ADCB resumes Retail Mobile Banking Services
Abu Dhabi Commercial Bank (ADCB) recently confirmed that its retail mobile banking application has been successfully restored. The disruption,…