Bank Albilad appoints Bashaar Al Qunaibit as chief executive officer
The Saudi lender completes a leadership handover with regulatory approval in place.
Global
XTransfer and BBVA deepen cross-border payments strategy across Europe and Latin America
A new partnership underscores demand for faster B2B payments in international trade.
Majid Al Futtaim and MIDAR launch $3.1 billion New Cairo project
The Dubai group’s biggest international project is headed for Mada City.
Egypt’s real estate market shifts toward strategic partnerships
Gulf investors are favoring joint ventures over direct acquisitions in Egypt.
Africa’s Lenders Prepare for Mounting Credit Losses as Global Risks Rise
S&P says banks in Nigeria, South Africa and Egypt face tougher credit conditions.
Malaysia’s insurance premiums climb 6.1% despite ongoing motor losses
Premium growth improved, but motor underwriting remains a profit drag.
Philippine life insurers raise premiums by 15% as policyholder density climbs to a new high
Stronger consumer demand pushed Philippine life premiums to a new peak.
SALAMA completes capital restructuring, resets balance sheet
The UAE takaful insurer says its restructuring has restored solvency and growth capacity.
Bupa Arabia posts mixed annual results as insurance revenue rises
Saudi Arabia’s largest health insurer posted lower profit but stronger premium growth.
Singtel sells Gulf Development stake to fund digital growth
The telecom giant is recycling capital to support dividends and AI spending.
