Uncategorized

Retail Banking

Souhoola launches Egypt’s first prepaid card offering instalment payment options

February 20, 2026

Egyptian consumer finance company Souhoola has received initial regulatory approval to introduce a reloadable prepaid card, signaling a significant step…

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FinTech

Stablecoin settlement company Ubyx receives investment from AB Xelerate, an accelerator under Arab Bank.

February 20, 2026

PANews reported on February 19th that, according to Chainwire, AB Xelerate, the fintech accelerator of Arab Bank, a major international…

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Islamic Finance

KFH – Bahrain announces strategic partnership with Beyon Money

February 20, 2026

Kuwait Finance House – Bahrain (KFH) has signed a strategic partnership agreement with Beyon Money, part of the Beyon Group.…

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Islamic Finance

Invesco sees stronger demand growth for Shariah-compliant investment funds

February 20, 2026

Broader diversification combining developed and emerging markets gives rise to demand ETFs offer ease of access to investors looking for…

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Retail Banking

NBB records 4% growth in net profit attributable to shareholders for 2025

February 19, 2026

National Bank of Bahrain  reported a 12% increase in its net profit attributable to shareholders, reaching BHD 18.2 million (USD…

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Hedge Funds & Alternative Investments

IHC to Launch Judan Financial Holding to Oversee USD237 Billion in Assets

February 19, 2026

Abu Dhabi-based International Holding Company announced plans to establish Judan Financial Holding, an AI-enabled international financial services group projected to…

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Retail Banking

Emirates NBD expands precious metals offering with branded silver bars

February 19, 2026

Convenient denominations build on bank's expanding investment-grade metals services  Emirates NBD, a leading banking group in the Middle East, North…

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Executive Moves

Al Masraf appoints Moataz Khalil as Chief Wholesale Banking Officer

February 19, 2026

Arab Bank for Investment and Foreign Trade (Al Masraf) has announced the appointment of Moataz Khalil as Chief Wholesale Banking…

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Hedge Funds & Alternative Investments

GCC real estate positioned for structured growth, says Alpen Capital

February 19, 2026

Dubai based investment banking advisory firm, Alpen Capital, released its first-ever GCC Real Estate Industry Report, outlining prospects for what…

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Hedge Funds & Alternative Investments

Abu Dhabi’s Modon posts Dhs3.9bn 2025 in net profit, revenue more than doubles

February 19, 2026

Abu Dhabi-based Modon Holding posted a net profit of Dhs3.9bn ($1.06 bn) for 2025, as revenue more than doubled, the…

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FinTech

Central Bank of Jordan approves Sanad digital ID for IDV purposes

February 18, 2026

There is a directive from the Central Bank of Jordan (CBJ) for all banking institutions in the country to accept…

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Hedge Funds & Alternative Investments

IFC unveils five initiatives to expand green financing and SME growth in Egypt

February 18, 2026

The International Finance Corporation (IFC), a member of the World Bank Group, has officially launched a multifaceted expansion of its…

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