Saudi National Bank SNB, the Kingdoms largest bank by assets, recorded a strong 20.6% year-on-year increase in net profit during the third quarter of 2025, reaching SAR 6.46 billion, according to a disclosure published on the Saudi Exchange Tadawul on Monday.
Dubai Land Department DLD has signed a cooperation agreement with Emirates NBD to digitalise the leasing ecosystem and enhance the overall tenant experience. The partnership seeks to develop integrated solutions for managing security deposits and introduce innovative financing products that simplify customer journeys and improve the efficiency of real estate operations.
Qatars inflation rate accelerated in September 2025, reaching 1.15% year-on-year, compared to 0.73% in August, marking the highest monthly level recorded this year, according to data the National Planning Council on consumer prices.
Hassan Abdalla, Governor of the Central Bank of Egypt CBE, has been recognized by Global Finance magazine as one of the Worlds Best Central Bank Governors for 2025, in appreciation of his leadership in supporting Egypts economic stability and implementing effective monetary policies over the past period.
Hisham Ezz Al-Arab, Chief Executive Officer and Executive Board Member of Commercial International Bank Egypt CIB, has received the prestigious Lifetime Achievement Award Global Finance magazine during a special ceremony held in Washington, D.C., on the sidelines of the IMF and World Bank Annual Meetings.
As part of Commercial International Banks CIB 50th anniversary celebrations, Global Finance magazine hosted a special roundtable discussion with senior executives the bank, highlighting its remarkable journey as Egypts largest private-sector bank and a driving force in transforming the countrys banking landscape.
In light of the historic ties between the Arab Republic of Egypt and the Peoples Republic of China, Mr. Tarek ElKholy, Deputy Governor of the Central Bank of Egypt CBE, hosted Mr. FU Wanjun, Vice Minister of China National Financial Regulatory Administration NFRA
In recognition of Egypts pioneering role primarily led by the Central Bank of Egypt CBE at the regional and international levels in promoting financial inclusion and combating money laundering and terrorist financing, the Financial Action Task Force FATF has included Egypts experience among the international best practices highlighted in its updated Guidance on Financial Inclusion and Anti-Money Laundering and Terrorist Financing Measures, released in June 2025. The Guidance highlights Egypts success in achieving a balance between promoting financial inclusion and adhering to anti-money laundering and counter-terrorist financing AML/CFT standards.
Suez Canal Bank and oliv announce the signing of an agreement for an EGP 30 million credit facility, dedicated to finance Egyptian small and medium-sized enterprises SMEs.
H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt CBE, welcomed S&P Global Ratings decision to upgrade Egypts sovereign credit rating, affirming that the move reflects the growing confidence in the Egyptian economy, driven by the monetary and structural reforms implemented recently.
Recent examples of feedback include our online survey, an industry event in May 2025, and submissions received via the Fitness and Probity Consultation, CP160.
As part of its ongoing efforts to advance the banking sector in line with international best practices, the Ce
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