Ras Al Khaimah, United Arab Emirates, April 21, 2025 – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for first Quarter of 2025. Highlights – Q1 2025 All percentage variances are YoY Key Financial Highlights – Q1 2025 Profit after tax of AED 704M for Q1’25 up 22.7% over Q1’24 Operating […]
Doha, Qatar: As part of its ongoing efforts to support the private sector and strengthen the sustainability of Qatari businesses, Qatar Development Bank (QDB) has announced the launch of its Mergers and Acquisitions (M&A) program. The strategic initiative offers integrated solutions to companies seeking growth, access to new opportunities, strategic partnerships, or structured and efficient exit […]
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, further solidifies its global leadership in sustainable building practices by securing 25 Leadership in Energy and Environmental Design (LEED) Platinum certifications in March 2025, coinciding with the 25th anniversary of LEED. This remarkable achievement positions Emirates NBD as […]
March 25, 2025 Dubai – UAE: Alhuda Center of Islamic Banking and Economics (CIBE), a globally recognized leader in promoting Islamic banking and finance, has signed a landmark agreement with Autosoft Dynamics, a renowned banking software solutions provider, to introduce cutting-edge core banking system along with end-to-end Shariha Compliance Islamic Suite (Consumer & Commercial) for Banking / […]
DUBAI, United Arab Emirates; March 19, 2025 – Accenture (NYSE: ACN) has joined forces with the Commercial Bank of Dubai (CBD) to train the bank’s employees in the fields of data and AI. As the first bank in the UAE to launch an enterprise-wide data literacy programmme, CBD is setting a new standard by enabling […]
Los Angeles, CA & Beirut, Lebanon – March 7, 2025 – Resecurity, a U.S.-based cybersecurity company protecting Fortune 500 companies and government agencies globally, has announced a strategic partnership with the Union of Arab Banks (UAB) to enhance cybersecurity capabilities, fraud prevention, and threat intelligence sharing across the Arab banking and financial sectors. The Union of Arab Banks (UAB), which represents over […]
MUSCAT: Reinforcing its commitment to Oman’s digital transformation, BankDhofar—the nation’s largest bank by branch network—has signed a Memorandum of Understanding (MoU) with Smartech, an Omani software solutions specialist, to establish a strategic partnership that integrates accounting and electronic payment solutions. This collaboration aims to enhance digital financial services by merging Smartech’s system with BankDhofar’s Soft […]
Sharjah, UAE – Bank of Sharjah, one of the leading commercial banks in the UAE, has announced its financial results for the year ended 31 December 2024, reporting a record profit before tax of AED 416 million and a significant turnaround from the AED 275 million loss recorded in the preceding year. With net profit after […]
Riyadh, Saudi Arabia – March 11, 2025 – UAE-based Lejion Media has successfully led a large-scale Iftar distribution campaign across Saudi Arabia, aimed at supporting blue-collar Pakistani workers during the holy month of Ramadan. The initiative was organized on behalf of the National Bank of Pakistan (NBP) in collaboration with Al Rajhi Bank, Saudi National Bank, and Arab National Bank. The campaign focused on providing […]
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has set a new benchmark by leading the way in transparency and accountability with the publication of its first independent Emirates NBD Group 2024 IFRS S1 and S2 report (“ISSB Report”) for the year ended 31 December 2024. […]