Banking & Finance

GIG Gulf, one of the prominent insurers in the Gulf region, has announced that Fairfax Financial Holdings Limited (Fairfax) has acquired Kipco’s stake in its...

  Raqami Digital Islamic Bank, a key player in Pakistan's banking sector, has appointed experienced investment banker Umair Aijaz as its new Chief Executive Officer...

Tameed Digital Lending Platform, a Shariah-compliant platform providing Government Purchase Orders Financing for SMEs in Saudi Arabia, has successfully closed a Series A funding round,...

The State Bank of Pakistan (SBP) has introduced a new mechanism to enhance transparency and credibility in the compilation of open market exchange rates. This...

OneDegree, recognized as Asia's inaugural licensed insurer for digital assets, has joined forces with Dubai Insurance Company to bring digital asset insurance to the UAE....

Burgan Bank has received approval from the Central Bank of Kuwait (CBK) for the appointment of Fadel Mahmoud Abdullah as the Chief Executive Officer (CEO)...

In a landmark move to address regulatory gaps and consumer complaints related to digital lending apps, the Securities and Exchange Commission of Pakistan (SECP) has...

The Securities and Exchange Commission of Pakistan (SECP) has officially announced the adoption of the International Financial Reporting Standard (IFRS) 17 – Insurance Contracts. This...

In a significant legal development, the Sindh High Court has granted approval for the merger scheme, facilitating the seamless transfer of the entire undertaking and...

HSBC, a leading global financial institution, has announced the appointment of Nabeel Albloushi as the Head of Markets & Securities Services for the Middle East,...