Ramzi Watfa

Central Bank of Oman 🇴🇲 Launches Maal Central Bank of Oman 🇴🇲 (CBO) has introduced Maal national payment card to boost digital payments, promote financial reliance. The Maal card is an extension of the existing national payment system OmanNet. #fintech #oman #payments #nationalcard #digitaleconomy Source: OCB.

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Gulf Bank stated that CBK’s Board of Directors has decided on 18/8/2025 to issue its Initial Approval on the conversion of Gulf Bank to a Bank compliant with Islamic Sharia’a, as per law no. (32) of the year 1968 concerning currency, the Central Bank of Kuwait, and the organization of banking business. That decision came following the results of the feasibility study on the conversion of Gulf Bank submitted by the international consultant, as well as the submission of multiple technical and legal requirements by Gulf Bank. Mr. Ahmad Mohammad Al-Bahar, Chairman of the Board, stated: “At Gulf Bank, we envisage this historic step as a pivotal milestone in the Bank’s journey. We are fully committed to fulfilling all regulatory and technical requirements to ensure successful and gradual transformation into a Bank operating in accordance with the principles of Islamic Sharia’a”. Read more here: https://lnkd.in/dzMgY2jY

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The Arab Energy Fund modernized its corporate lending with Temenos, replacing manual processes with automation across bilateral, club, and syndicated deals.   The result?   ✔️ Real-time covenant tracking ✔️ Pro-rata reconciliation ✔️ Easier fee + principal management   More flexibility. Less friction. A platform built for scale.   Read more here: https://lnkd.in/eC3krdsj   #VoiceofCustomer

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Bank ABC Islamic announces its H1 2025 financial results, reporting a Net Profit of US$26.9 million, an impressive 7.3% increase YoY. The Bank’s strong performance was driven by a 4.4% YoY increase in Total Operating Income, reaching US$89.6 million on the back of robust business activity across client segments and effective balance sheet management. With a strong deal pipeline and its continued digital transformation, Bank ABC Islamic is well-positioned to build on this growth momentum through the remainder of the year. Read more: https://lnkd.in/d9gnt_wR #IslamicFinance #FinancialResults #BankABCIslamic

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The Multipliers Workshop brought together nearly 40 senior UAE Nationals in leadership roles across the bank, advancing the leadership development journey led by #DIBAcademy. More than a training exercise, this workshop represents a deliberate step in a structured series of programmes designed to expand influence, strengthen decision-making, and build leaders who multiply the impact of those around them. Our strategy is clear. Leadership development is not a one-time effort but a sustained pathway that prepares our people to navigate complexity, drive transformation, and shape the organisation’s future. Through DIB Academy, we are embedding a culture of leadership that ensures resilience today and readiness for tomorrow. #ProgressNeverStops #DIB

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