Banking & Finance

In a concerted effort to bolster the country's financial stability and streamline remittances through official channels, the Pakistani government, in collaboration with the State Bank...

The Dubai Financial Services Authority (DFSA) has recently imposed a fine of AED1,373,122 ($370,000) on FFA Private Bank, a Dubai-based firm, citing inadequate systems to...

In an exclusive ceremony, Kuwait Finance House (KFH) unveiled its pioneering Shari’a-compliant digital bank in Kuwait, Tam Digital Bank. The event was graced by the...

The Bank of Punjab (PSX: BOP) revealed its intention to establish a wholly owned Exchange Company, as stated in a recent notification to the Pakistan...

Askari Bank Limited (PSX: AKBL) has greenlit the establishment of a fully-owned Exchange Company, with an initial capital infusion of Rs1 billion. The official stock...

Saudi Awwal Bank (SAB) has recently joined forces with MasterCard, unveiling an innovative SME Business credit card tailored to the Kingdom's local businesses, SMEs, and...

Rakiza, the prominent Omani infrastructure fund, has recently formalized an agreement to secure a 39% stake in Oman Broadband Company from Ithca Group, a significant...

Al Ahli Bank of Kuwait (ABK) recently appointed Ahmad Khalid Al-Duwaisan as the General Manager of Corporate Banking, effective from the 15th of October, 2023....

U Microfinance Bank has proudly announced the appointment of Mr. Mohamed Essa Al Taheri as the Acting President & CEO of U Bank, ushering in...

The Saudi Capital Market Authority (CMA) has taken decisive action against two Swiss companies, imposing fines amounting to a total of SAR 4.2 million for...