Staff Writer
JP Morgan appoints Claude Kurzo as asset management head for Middle...
JP Morgan has appointed former UK country head Claude Kurzo as its new Head of Middle East for its asset management division, effective immediately.
Kurzo...
Emirates NBD acquires all remaining shares of Emirates Islamic Bank and...
Emirates NBD has finalised its compulsory acquisition of all remaining shares in Emirates Islamic Bank, following the absence of any objections from shareholders.
The compulsory...
Deutsche Bank appoints Majed Julfar as Head of Corporate Coverage MEA...
Deutsche Bank announced the appointment of Majed Julfar as Head of Corporate Coverage for the Middle East and Africa (MEA) and Chief Country Officer (CCO) for...
Digital banks get green-light from Central Bank of Oman
The Central Bank of Oman (CBO) has issued a regulatory framework for the licensing and supervision of digital banks, marking a major step toward...
PIF-backed D360 bank eyes global investors for Series A funding round
Saudi Arabia’s Public Investment Fund-backed digital bank D360 is in early talks with potential global investors as it prepares for a Series A funding...
Kuwait-listed Gulf Bank and Warba Bank explore potential merger
Kuwait-listed Gulf Bank and Warba Bank have agreed to undertake a feasibility study and due diligence on a proposed merger.
The two banks announced the...
Kuwait authorizes Investment Authority to borrow abroad, Central Bank to borrow...
Kuwait’s minister of finance has authorized the country’s Investment Authority to carry out foreign borrowing operations and the Central Bank of Kuwait to conduct...
American Express Middle East promotes Graziela Martins to Country Head for...
American Express Middle East (“AEME”) has announced the appointment of Graziela Martins as Country Head for the United Arab Emirates effective 12th May 2025....
Emirates Development Bank launches EDB360 a digital banking platform for UAE...
Emirates Development Bank (EDB) has launched EDB 360, a groundbreaking, fee-free digital banking platform built to supercharge the ambitions of the UAE's entrepreneurs and micro, small, and...
Paytm appoints Ramana Kumar as CEO for Middle East Business
Paytm (One97 Communications Limited), India’s leading payments and financial services distribution company and pioneer of mobile payments, QR codes and Soundbox, announced the appointment...