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Arab Bank Group reported a 7% increase in net profit to $571 million in the first half of 2026, supported by higher fee and commission income. The lender also expanded its balance sheet, with total assets rising to $80.3 billion and customer deposits reaching $58.8 billion.

Clock03/08/2026

Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Egypt and Oman are exploring greater integration between their economic and free zones to boost trade, expand market access, and support cross-border manufacturing and re-exports.

Wall Street’s hottest momentum trade has reversed sharply, as former winners tumble and heavily shorted stocks surge.

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QCB issued QAR 5 billion in Government Ijarah Sukuk, attracting QAR 5.5 billion in bids.

Clock26/08/2026
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