NBO Launches Graduate Program to Empower Oman’s Future Banking Leaders
International Business Magazine » Banking & Finance
by Baldeb Ram
4h ago
The National Bank of Oman (NBO) has launched its Graduate Program (NBO Tomorrow’s Leaders), designed to attract and develop talented graduates from diverse fields. The initiative offers young Omanis an unparalleled opportunity to embark on a discovery journey in the financial services sector, equipping them with necessary skills, technical and interpersonal capabilities as well as […] The post NBO Launches Graduate Program to Empower Oman’s Future Banking Leaders appeared first on INTLBM ..read more
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Investcorp Capital Elects Mohamed Aamer as Interim CEO
International Business Magazine » Banking & Finance
by Medhaj Nair
5d ago
Investcorp Capital plc (the “Company” or “Investcorp Capital”) (ADX symbol: “ICAP”), an investor in private markets and alternative investment opportunities, is pleased to announce the appointment of Mohamed Aamer as Interim CEO, effective 1 March 2025.  According to Industry sources, Mohamed will succeed Tim Mattar, the current CEO of Investcorp Capital, who has been with the Company since its […] The post Investcorp Capital Elects Mohamed Aamer as Interim CEO appeared first on INTLBM ..read more
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VRC acquires Proshred Security for advanced information governance solutions
International Business Magazine » Banking & Finance
by Editorial Team
5d ago
Vital Records Control (VRC Companies, LLC), a leading provider of information governance services, announced its acquisition of Redishred Capital a.k.a Proshred Security. The Proshred addition enhances VRC’s national footprint in document shredding and asset disposition, adding several key regions and increasing its presence in existing regions. The transaction reflects VRC’s continued commitment to delivering customers a […] The post VRC acquires Proshred Security for advanced information governance solutions appeared first on INTLBM ..read more
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AFC raises USD 400 million in Shariah-compliant Commodity Murabaha Facility 
International Business Magazine » Banking & Finance
by Amith Raj
1w ago
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a USD 400 million Shariah-compliant Commodity Murabaha facility, marking its strategic return to the Islamic finance market for the first time in eight years. This milestone reflects AFC’s commitment to diversifying funding sources while expanding access to ethical and sustainable financing to […] The post AFC raises USD 400 million in Shariah-compliant Commodity Murabaha Facility  appeared first on INTLBM ..read more
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ADIB Adopts And Collaborates On Swift’s Alliance Cloud Platform
International Business Magazine » Banking & Finance
by Medhaj Nair
1w ago
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank globally to have migrated to cloud-native architecture using ZERO footprint topology and the first bank in the UAE/GCC to successfully implement Swift’s Alliance Cloud platform. This collaboration will enable ADIB to further upgrade its financial messaging capabilities and leverage […] The post ADIB Adopts And Collaborates On Swift’s Alliance Cloud Platform appeared first on INTLBM ..read more
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BSF Capital And BlackRock Partners To Deliver Innovative Investment Solutions In KSA
International Business Magazine » Banking & Finance
by Medhaj Nair
1w ago
Saudi Fransi Capital (BSF Capital), a leading Capital Markets Institution in Saudi Arabia, announced it is partnering with BlackRock, the world’s largest Asset Management firm. Industry sources added that the partnership is targeted to integrate BSF Capital’s deep local insights and market knowledge leveraging BlackRock’s global expertise in Asset Management and Investment Advisory services. Together, […] The post BSF Capital And BlackRock Partners To Deliver Innovative Investment Solutions In KSA appeared first on INTLBM ..read more
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Ghitha Holding Marks closure of FY-2024 To Clock AED 4.97bn
International Business Magazine » Banking & Finance
by Baldeb Ram
2w ago
Ghitha Holding PJSC a diversified conglomerate spanning agriculture, food production, and distribution, has announced its consolidated financial results for the fiscal year ended December 31, 2024. The Group reported a total revenue of AED 4.97 billion, reflecting an increase of 8.9% compared to FY2023. The Group’s top-line performance was driven by organic expansion, strategic acquisitions, […] The post Ghitha Holding Marks closure of FY-2024 To Clock AED 4.97bn appeared first on INTLBM ..read more
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NBK Launches Mortgage Solutions to Boost Real Estate Market in Germany
International Business Magazine » Banking & Finance
by Baldeb Ram
1M ago
In a strategic move to strengthen its presence in international markets and elevate its global banking offerings, National Bank of Kuwait (NBK) has unveiled its mortgage services in Germany. This initiative enables NBK customers to access bespoke mortgage solutions and premium services tailored to meet their investment aspirations in key global real estate markets, including […] The post NBK Launches Mortgage Solutions to Boost Real Estate Market in Germany appeared first on INTLBM ..read more
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Citi Partners with Mastercard to Launch Ultima Credit Card in UAE
International Business Magazine » Banking & Finance
by Baldeb Ram
1M ago
Citi and Mastercard have partnered to launch the Citi Ultima Mastercard credit card in the UAE. The card, which is new to market, was introduced to select clients at a Citigold Private Client exclusive Gala Dinner in Dubai. Building on Citi Wealth’s full suite of offerings, the exclusive all-metal card aims to transform the travel […] The post Citi Partners with Mastercard to Launch Ultima Credit Card in UAE appeared first on INTLBM ..read more
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Gulf Bank Appoints New Chairman to its Board of Directors
International Business Magazine » Banking & Finance
by Baldeb Ram
1M ago
Gulf Bank’s Board of Directors convened recently and unanimously approved the reformation of the Board. Mr. Ahmad Mohammad Al-Bahar has been appointed Chairman of the Board, with Mr. Ali Morad Yousuf Behbehani serving as Vice Chairman. The Board also includes Mr. Omar Hamad Yousuf Al-Essa Al-Qanai, Dr. Fawaz Mohammad Ahmad Al-Awadhi, Mr. Abdullah Sayer Bader Al-Sayer, […] The post Gulf Bank Appoints New Chairman to its Board of Directors appeared first on INTLBM ..read more
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