10/27/2020
The results also reflect the deterioration in the macroeconomic environment in the region and globally, the statement added, in addition to lower revenues because of the impact of the COVID-19 outbreak, lower market interest rates and weakening oil price
10/26/2020
The programme aims to train and develop retirees and teach them basic entrepreneurial skills
10/26/2020
The bank also attributed the decline in profits to a 39.9% increase in credit impairment charges to 465 million riyals.
10/26/2020
In 2019, the bank was awarded the title in eight markets globally and three markets regionally, including the UAE, Nigeria, and Pakistan.
10/26/2020
The UAE's First Abu Dhabi Bank (FAB) secured the first spot regionally and the 32nd spot globally in Global Finance' ranking
10/26/2020
Customers can visit Al Fardan Exchange to get a new eDirham Hala card or top-up their existing cards conveniently
10/26/2020
NBK's posted a net profit of $188.54mln for the period ended September 30
10/26/2020
To limit the possibility of being infected with Covid-19, consumers are flocking to the web and their smartphones to buy products and services.
10/23/2020
Lower non-interest rate income too proved a burden for Ras Al Khaimah bank
10/23/2020
The agreement covers cooperation in areas including co-investments, debt and equity financing, long-term financing of Mubadala projects in Russia and other territories.
10/23/2020
In late September, the state-owned bank signed an agreement with Abu Dhabi sovereign investor Mubadala Investment Company to "tap the potential of mutually beneficial opportunities ".
10/22/2020
Bank Muscat, Citi, First Abu Dhabi Bank, HSBC, Natixis, Societe Generale and Standard Chartered have been hired to arrange the deal, which is expected to close later on Wednesday.
10/21/2020
QIB gave initial price guidance of around 185 basis points over mid-swaps for the sukuk
10/21/2020
To benefit from the programme, official representatives must communicate with the commercial or Islamic banks in which they hold accounts for the wage protection system and request for benefit must be submitted only through them.
10/21/2020
The non-Mena investors took 90% of the allocations.
10/21/2020
While the global economy slows, Egyptian banks aim to expand their foothold in Africa and boost intraregional trade.
10/21/2020
Its partnership with SpaceX will provide satellite-powered Internet connectivity on Azure.
10/20/2020
Virtual event formed part of a Dubai Chamber Sustainability Network Task force on instigating prompt payment practices
10/20/2020
Dubbed as the "Davos of Fintech", the Region's top Fintech conference, held under the patronage of the Central Bank of Bahrain and hosted by Bank ABC, returns on a virtual platform to focus on Banking Beyond Digital
10/20/2020
The increased value of these types of term deposits is justified by the fact that they will pay the same returns of one-year deposits