12/28/2020
Commercial Bank shines in Kuwait, receives Social Responsibility Award
The video and the song reflect a patriotic and nationalistic feel and convey the message of “staying at home is a national duty” with an upbeat yet serious rhythm.
Retail Banking
12/28/2020
Qatar commercial banks assets total QR1.65tn in November: QCB
The commercial banks' credit growth seemingly supports the Qatar Financial Centre's purchasing managers' index that said the country's non-energy private sector economy continued to expand towards the end of 2020.
12/23/2020
National Bank of Oman upgrades its CIB platform with the Arabic language
All of these can be done in a few clicks. Accessible 24/7, the frequently-updated digital service is enhanced by the bank’s expertise and customer experience.
12/23/2020
QSE settles lower despite local retail investors' bullish pressure
Islamic equities were seen declining relatively faster than the conventional ones on the market, whose capitalisation, nevertheless, saw QR43mn or 0.07% jump to QR607.57bn, mainly on microcap segments.
12/22/2020
QIIB wins ‘Qatar’s Most Innovative Islamic Retail Bank’ award for 2nd year
The Islamic Retail Banking Awards Committee “expressed appreciation of QIIB’s significant efforts in providing innovative products and services to its customers that align with the best international standards in the financial sector.
12/22/2020
al khaliji supports QAS
A combination of genetic and environmental factors impact the development of autism, which is frequently accompanied with medical issues such as gastrointestinal disorders, seizures and sleep disturbances.
12/22/2020
Western Union buys 15% stake in Saudi Telecom's digital payment unit
Western Union, the world's largest money transfer firm, has acquired a 15% stake in the digital payment unit of Saudi Arabia's STC Group for $200 million.
12/20/2020
Saudi banks’ profitability improve on lower provisions and higher income
Loans and advances in Q3 grew at a faster pace than Q2 despite economic challenges
12/18/2020
Dukhan Bank names Thara’a draw winners
The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry.
12/18/2020
QNB launches offer on National Day in partnership with MOQ
In addition, QNB First and Private Banking customers can take advantage of other benefits when making their purchases during the same period at the participating stores.
12/17/2020
HSBC voted best cash management bank in Oman and the Middle East
The local recognition was complemented by other HSBC successes, with the bank once again voted the #1 bank for cash management by corporates across the entire Middle East region.
12/17/2020
FAB opens Jakarta office to support MENA-Indonesia trade and investment
FAB Indonesia to facilitate investment flows between UAE, wider GCC and Egypt with Asia
12/16/2020
Emirates NBD forges ahead with enterprise-wide payments hub implementation to drive real-time, seamless payments innovation
Enterprise Payments Hub simplifies multiple payments products and services onto a single integrated platform
12/16/2020
Saudi banks stay resilient amid pandemic
Overall loan growth contributed towards a total asset increase of 9.8% since December 2019 reaching to $716.17bln
12/16/2020
Egyptian lender CIB boosts provisions after central bank review
CIB has prepared a correction plan based on the central bank's remarks and has implemented parts of it already, current chairman Sherif Samy said
12/15/2020
QNB receives awards for digital service excelle
QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services.
12/15/2020
MetLife and RAKBANK form strategic partnership
The partnership offers a versatile and highly competitive life insurance solution for the Bank's customers with the highest non-medical underwriting limit of USD 1.25 million, exceptional maturity value, and an intuitive digital-first sales and servi
12/15/2020
GCC banks 'to face pressure on loan quality, profitability in 2021'
Profitability will weaken as provisioning needs rise and yields fall.
12/15/2020
First Abu Dhabi Bank Collaborates With Visa On B2B Virtual Cards
The rollout unveiled a central travel account offering that was created to make it simpler for firms to supervise their travel payments in one place.
12/14/2020
Israel’s Bank Hapoalim sees huge opportunities for UAE - Israel banking cooperation
Agreements with UAE institutions cover areas such as, fintech, innovation and ecosystems