Kuwait Finance House agrees to buy Bahrain’s AUB in $11.6bn deal
Islamic banking group, Kuwait Finance House (KFH) has agreed to buy Bahrain-based peer Ahli United Bank (AUB) through a share…
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Spare gets authorisation to offer banking services in Bahrain
Kuwait-based personal finance application Spare has secured open banking authorisation from the Central Bank of Bahrain. The licence will allow Spare to…
Citi to divest Bahrain retail business to Ahli United Bank
US banking major Citi has brokered a deal to sell its retail banking business in Bahrain to Ahli United Bank…
Tarabut Gateway raises $12m to fund MENA expansion
Bahrain-based open banking platform Tarabut Gateway has raised $12m in a pre-Series A round as it looks to accelerate its…
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finleap and finleap connect partner Bahrain’s Batelco on open banking
European fintech ecosystem finleap and independent open banking platform finleap connect have partnered with Bahraini telecom firm Batelco. Through the…
National Bank of Bahrain launches digital banking challenge for youth
The National Bank of Bahrain (NBB), in partnership with Bahrain FinTech Bay, has launched youth-focused digital banking challenge. The NBB…
Bahrain’s Bank ABC completes BLOM Bank Egypt acquisition
Bahraini lender Bank ABC has completed its previously announced acquisition of a 99.5% stake in BLOM Bank Egypt. The acquisition…
Telecom operator Batelco establishes financial services firm
Bahrain-based telecom operator Batelco has expanded its presence into fintech space with the launch of a new licensed company, Batelco…
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