Kuwait’s Gulf Bank posts solid 2025 profit as it prepares full shift to Islamic banking model
Gulf Bank of Kuwait delivers steady 2025 profit and balance sheet growth while laying the groundwork for a full conversion to Islamic banking by 2030.
2026
GCC lenders show capital strength despite Iran conflict shock and oil price volatility
Gulf lenders enter the latest Middle East crisis with thick capital cushions, strong liquidity and state backing, but face a tougher earnings climate if conflict and oil volatility linger.
RappiBank surges to $5.25B valuation leading Colombia embedded banking
RappiBank hits $5.25B valuation via Colombia super-app financial services.
JPMorgan sees LatAm banking’s 2026 breakout via resources and reforms
JPMorgan flags LatAm’s banking opportunity from green transition and policy shifts.
Indomaret supercharges Indonesia retail with app-led omnichannel surge
Indomaret boosts digital sales 20% through integrated app and store network.
CP Axtra gears for 110 new Makro and Lotus’s amid ASEAN retail push
CP Axtra plans 110 Makro Lotus’s stores in Thailand, Malaysia, Philippines.
Reliance-backed Fynd storms Indonesia with AI retail suite for fashion brands
Fynd launches AI commerce tools in Indonesia, partners APGAI for garment sector.
YY Group Malaysia scales retail promoters fivefold to chase US$14 million revenue
YY Circle Malaysia grows promoters from 120 to 600, targeting $14M 2026 sales.
Prabowo government fast-tracks 66 remote hospitals across Indonesia by end-2026
Prabowo targets 66 hospitals in remote Indonesia by 2026, 500 more nationwide.
India’s Venus Remedies pioneers generic Ceftazidime-Avibactam launch in Indonesia
Venus Remedies wins Indonesia approval for first generic Ceftazidime-Avibactam combo.
