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Banking and Finance

Banking and Finance latest

Sahm Investment Strategy Summit Highlights How AI, Data and Regional Cooperation Are Reshaping Capital Markets
December 26th, 2025 - 08:41 GMT

Sahm Investment Strategy Summit Highlights How AI, Data and Regional Cooperation Are Reshaping Capital Markets

Saudi Arabia continues to advance its ambitions as a regional financial hub, driven by ongoing capital-market reforms, data-led innovation, fintech adoption and rising participation from both retail and institutional investors. Increased adoption of digital investment platforms and the continued modernization of market infrastructure are reshaping how capital markets operate across the Kingdom. This backdrop of economic transformation framed discussions at the Sahm Investment Strategy Summit in Riyadh hosted by Sahm Capital, where a panel of market experts discussed how AI, data and regional connectivity are influencing the structure and evolution ...
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Islamic banking software refers to banking software that functions according to Shariah norms for managing and monitoring banking operations. (Shutterstock)
January 30th, 2019 - 10:12 GMT

The Meteoric Growth of Shariah-Compliant Software Market in Banking Industry

It will become the second largest retail lender in the UAE by assets, with 21 per cent share of retail loans. (File/photo)
January 29th, 2019 - 01:17 GMT

Three Major UAE Banks Merge Creates Dh420 Billion Bank

Sohar International.
January 29th, 2019 - 12:13 GMT

Sohar International Supports the Oman Vision 2040 National Conference

This year’s Al Kanz Scheme will see 4 customers win a total of OMR 1 Million, giving away double the prize money of the 2018 scheme.
January 29th, 2019 - 11:59 GMT

National Bank of Oman Launches Revamped Al Kanz Savings Scheme With Omr3.251m Prize Money

The currency will be used in financial settlements between the two countries. (Shutterstock)
January 29th, 2019 - 10:55 GMT

Saudi Arabia, UAE to Launch First Common Digital Currency ‘Aber’

The Islamic Republic is about to launch its own state-backed cryptocurrency. (Shutterstock)
January 29th, 2019 - 09:10 GMT

Iran to Unveil Its Own State-Backed Cryptocurrency This Week

Bank Nizwa continues to obtain awards from the global finance market for its fully-fledged range of Shari’a-compliant solutions.
January 29th, 2019 - 08:52 GMT

Bank Nizwa Voted ‘Best Islamic Bank in Oman’ in the Islamic Finance News Best Banks Poll 2018

Total property portfolio value stands at USD 456 million as at 31st December 2018.
January 29th, 2019 - 06:28 GMT

ENBD REIT Announces Q3 NAV of USD 1.11 per Share, Proving Resilient to Market Headwinds

During the event
January 28th, 2019 - 10:07 GMT

National Bank of Fujairah Bolsters Commitment to Emiratisation During Participation at Tawdheef 2019

The UAB noted in a recent study that it is expected that fintech will revolutionise the provision of traditional financial services and reshaped the financial landscape in Arab banks. (Shutterstock)
January 28th, 2019 - 08:37 GMT

How Egypt's Banks Adopt Digitisation and Fintech

During the event
January 28th, 2019 - 08:24 GMT

Al Etihad Credit Bureau and Visa Sign MoU to Promote Financial Literacy in the UAE

Bank of Sharjah's 9-month 2018 profits grew 13 per cent to Dh301 million, surpassing its 2017's full-year profit of Dh265 million. (Shutterstock)
January 27th, 2019 - 12:16 GMT

After Being Suspended by ADX, Bank of Sharjah Shares Resume Trading

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