Sharjah, UAE – Bank of Sharjah today announced its financial results for the year ended 31 December 2025, reporting exceptional performance and reinforcing the strong momentum achieved following the Bank’s successful turnaround in 2024. The Bank recorded net profit of AED 729 million, up 89% from AED 385 million in 2024, while profit before tax increased […]
ABU DHABI: Chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), the Board held its second meeting of the year today. The Board noted that the UAE’s financial system […]
Manama, Kingdom of Bahrain – Kuwait Finance House – Bahrain (KFH-Bahrain) reaffirmed its continued commitment to empowering its corporate clients to manage their financial operations with efficiency and flexibility by offering a comprehensive suite of advanced digital banking solutions. These services enable companies to complete their transactions with ease and security, helping ensure business continuity and […]
Muscat – BankDhofar has announced the launch of Neo Corporate Internet Banking (Neo CIB), a next-generation digital banking platform that significantly expands the range of services available to corporate, SME, institutional, and government customers. The new platform represents a major milestone in the bank’s digital transformation journey, offering a unified, intelligent, and highly automated banking […]
Source: Zawya As the war between Iran, Israel and the US continues into its second week, investment banks in the GCC, which had expanded over the past 24 months amid a flurry of DCM and ECM deals, have signalled that they are maintaining their local operations. On Tuesday, Iran’s Islamic Revolutionary Guard Corps (IRGC) warned […]
Manama – Standard Chartered Bahrain has confirmed that its operations across the Kingdom remain fully functional and continue to run at full capacity. The Bank reaffirmed its ability to deliver seamless banking and financial services through both its branch network and digital platforms, ensuring that clients’ needs are met without interruption and that service continuity is […]
Manama, Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has confirmed the continued provision of its banking services to customers through its open branches and digital channels, alongside the ongoing daily draw campaign during the Holy Month of Ramadan for “Al Waffer” account customers. This comes as part […]
Muscat – Oman Investment Bank is pleased to announce the successful completion of a US$130 million minority investment in Uzum, Uzbekistan’s leading digital services ecosystem, by a consortium of investors led by sovereign entities of the Sultanate of Oman. Oman Investment Bank acted as financial adviser to the lead investor on the transaction, supporting the investment […]
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has been named ‘Risk Manager of the Year 2026’ at the prestigious Central Banking Awards. Presented by the UK- based Central Banking publication, the award recognises central banks that demonstrate exceptional excellence and adopt world-class methodological practices in risk management. This global award serves as […]
In response to current regional developments, Gulf Bank has confirmed that its core banking systems and technical infrastructure are operating at full capacity, enabling both individual and corporate clients to conduct their transactions seamlessly and securely across all service channels, including its branch network and digital platforms. The Bank has activated its business continuity and […]