10/30/2020
Emirates NBD builds cloud platform for Digital Transformation with Red Hat
To increase the speed and flexibility of IT delivery while controlling costs, it began an ambitious multimillion-dollar initiative to transform its end-to-end technology infrastructure and practices.
10/30/2020
"SAMA" report indicates that 97% of newly signed mortgage loans were concluded through banks, while 3% of them through financing companies
10/30/2020
It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year
10/29/2020
It reported 148 million dirhams in impairment charges related to troubled NMC Health, Finablr and associated firms.
10/29/2020
The bank’s operating expenses dipped by 15 per cent
10/29/2020
The Bank held an e-quiz related to Breast Cancer Awareness and gave away gift vouchers.
10/28/2020
The agreement with Tokyo-based JCB gives the national Saudi Vision 2030
10/28/2020
Following a resilient first, the bank delivered solid results in the third quarter of 2020
10/28/2020
Operating income increased by 20.8% in the third quarter to BD33.7 million ($89.4 million) compared with BD27.9 million ($74 million) in the prior year period.
10/27/2020
The Egyptian Financial Regulatory Authority (FRA) approved in September the purchase offer submitted by AUB Bahrain and Misr Strategia Investment (MSI) to acquire AUB Egypt.
10/27/2020
UAE's biggest bank FAB posts 19% drop in Q3 net profit
Third-quarter net profit was $682mln
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