03/13/2020
Standard Chartered UAE allows staff to work from home
All they need to do is get their line managers' approval; the bank employs 1,700 in UAE
Retail Banking
03/13/2020
Ahli Bank inaugurates new branch at Mall of Muscat
The opening of the Mall of Muscat branch reflects the bank's strategy to strengthen its on-ground presence and services outreach across the Sultanate, while also offering a wide array of banking services so that customers can conveniently combine ban
03/13/2020
Tandem Bank 'Rraises £60M'
Challenger acquires green lender following reported backing from investors including Qatar Investment Authority
03/12/2020
NBI upgrades its digital capabilities with Backbase’s banking platform
The project consisted of 4 separate tracks that went live in a year and, the implementation partner is Bring Global.
03/12/2020
Bahrain Islamic Bank installs self-service kiosks
The kiosks are aimed to reduce queuing times across branches
03/11/2020
ADCB's new platform aims to help businesses expand worldwide
It will provide members with market information on more than 180 countries
03/11/2020
Emirates NBD holds its 13th General Assembly Meeting
Approves cash dividend of 40 per cent
03/11/2020
Emirates NBD approves cash dividend of 40%
Emirates NBD is looking forward to showcasing its many innovations in smart technology and digital banking during 2020
03/11/2020
ADCB launches digital platform to help UAE businesses
The digital platform offers market insight and companies can seek advice on financial products that would suit their needs
03/11/2020
Bahrain: NBK-Bahrain reports net profits of BHD 93.5 million (KD 74.9 million) for 2017, up 27% y-o-y
The Bank’s strong results affirm the success of NBK Group’s regional expansion strategy that is built on a culture of prudence and strict risk management practices.”
03/10/2020
Ahli United Bank introduces lending product for SMEs
The bank is expecting that the service will help its partners towards greater growth
03/10/2020
Saudi banks’ net foreign assets down 51% in January
The value of foreign liabilities owed by Saudi banks rose by 68.8% to SAR 183.67 billion in January, compared to SAR 108.8 billion in the corresponding month in 2019.
03/06/2020
Robust economic growth to support Kuwaiti banks, says Moody's
Lending to single borrowers and volatile real-estate sector pose substantial risks
03/06/2020
Dubai Islamic Bank shareholders approve Noor Bank acquisition
The deal comes after a wave of mergers in the UAE’s banking sector on the back of tougher competition and regulation, coupled with a slowing economy and a slide in house prices.
03/06/2020
Path Solutions, Kuwait-based company launches its digital banking suite
The digital revolution is impacting every part of our lives; banking is becoming a competitive battlefield where only the most efficient, adaptive, and inventive survives.
03/05/2020
Dubai bank Emirates NBD to reduce tariffs following UAE central bank initiative
Late last month, the UAE central bank urged banks to reschedule loans and reduce fees
03/04/2020
Abu Dhabi-based banks report Dhs40.3bn net income in 2019
Last year Abu Dhabi Commercial Bank officially merged with Union National Bank and the combined entity acquired Al Hilal Bank
03/03/2020
Abu Dhabi's FAB launches new payment service for merchants
Merchants can connect to the platform through a single API-driven integration
03/02/2020
Family Bank in Bahrain opens Seef headquarters
The establishment of the Family Bank as a first social bank in Bahrain in 2010 aimed to boost the social security network
03/02/2020
Standard Chartered sees 2019 MENA profits up 29%, warns of impact or coronavirus
British bank generates 68% if its revenue from Asia, particularly China