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Kuwait Finance House sells entire stake in Sharjah Islamic Bank

Kuwait Finance House sells entire stake in Sharjah Islamic Bank

The Kuwaiti lender sold the shares to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank
Commercial Bank of Kuwait completes KWD 100 million tier 2 bond program

Commercial Bank of Kuwait completes KWD 100 million tier 2 bond program

The bank will use the proceeds to increase tier 2 capital, enhancing its capital adequacy ratio in compliance with the Basel III framework
Burgan Bank signs core banking deal with TCS BaNCS to drive transformation

Kuwait’s Burgan Bank signs core banking deal with TCS BaNCS to drive transformation

The bank’s decision to deploy TCS BaNCS reflects its commitment to adopting the latest technology to enhance customer service and employee productivity
Mastercard, One Global partner to launch Click to Pay in Kuwait

Mastercard, One Global partner to launch Click to Pay in Kuwait

Click to Pay sets a new standard for guest checkout transactions, delivering a more consistent experience for consumers
NBK-Egypt reports EGP 4.02 billion in annual net profit

NBK-Egypt’s full-year profit surges to EGP 1.82 billion on higher revenues

NBK-Egypt’s assets stood at EGP 105.1 billion by the end of the fiscal year 2022, a 36% increase compared to EGP 77.5 billion in 2021