Banking & Finance

Nasdaq Dubai welcomes USD 500 million Sustainability Sukuk by Warba Bank

Nasdaq Dubai welcomes the listing of USD 500 million Sustainable trust certificates issued by Warba Bank, a leading Kuwaiti Islamic Bank. This is the...

AFS partners with Samsung to accelerate digital payments landscape in Oman

Arab Financial Services (AFS), in partnership with Samsung Gulf Electronics, has introduced Samsung Pay to Oman, marking a significant milestone in the Sultanate's digital...

JLL, Mashreq partner to attain LEED zero carbon certification for global HQ

The 38,484 sqm Mashreq Global Headquarters in Downtown Dubai was awarded the LEED Zero Carbon certification from the US Green Building Council

Emirates NBD launches new branch in Riyadh’s financial district

The new destination in KAFD will cater to the community workforce, high-net-worth individuals HNWIs and business owners

Gulf International Bank posts $41 million in Q2 2024

The bank’s total assets at the end of the first half were $45.7 billion, a 3% decrease from $47.1 billion in December 2023

ruya partners with LuLu Exchange to offer cash deposit services at 140 centres across the UAE

ruya, the UAE’s digital-first Islamic community bank, has announced a strategic partnership with LuLu Exchange, one of the UAE’s leading financial services companies. This...

Wio Bank and Etihad Airways revolutionise savings with miles-earning programme

Wio Bank  and Etihad Guest, the loyalty programme of Etihad Airways, have announced a new partnership introducing a first-of-its-kind offering that allows Wio Personal...

Saudi Arabia’s PIF signs deals worth $50bn with Chinese banks

The wealth fund said the MoUs covered areas of cooperation such as encouraging two-way capital flows via both debt and equity

Mashreq and MultiBank Group partners to transform payments with instant payment API Integration

MultiBank Group has partnered with Mashreq, one of the leading financial institutions in the MENA region, to introduce an API-enabled Instant Payments solution for...

Al Ansari to acquire Bahrain’s BFC Group Holdings for $200 million

The strategic acquisition will allow Al Ansari to expand its geographic presence and become the largest remittance and exchange in the GCC region

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