05/15/2019
NBK Capital advises VIVA on acquisition of 100% of the capital of QualityNet
Batelco Group, NBK sell their stakes for $93 million
Retail Banking
05/15/2019
UAE national banks lend $3.6bn to businesses in Q1
The financing accounts for 87 percent of the total loans provided by all UAE-based banks to the two sectors
05/15/2019
Burgan Bank reports net income of KD 19.2m for first quarter of 2019
Operating profit of KD 29.2m with stable cost-to-income ratio of 41.8%
05/15/2019
Drowning in credit card debt in UAE? Expert tips to use credit cards to your advantage
Credit cards do not have to leave you in debt or with a liability
05/14/2019
Doha Bank focused on redefining asset allocation model: Seetharaman
Nearly 95% of Doha Bank's outstanding books is in Qatar.
05/14/2019
QIB honoured as 'Best Islamic Financial Institution' in Qatar and Sudan
QIB's win (of three awards from Global Finance) reaffirms its progress during the past few years in establishing itself as a leading Islamic banking institution in the local
05/14/2019
Financial Inclusion in Africa To Be Boosted Following Launch Of This New Fund
In a bid to continue supporting financial inclusion in Africa, Dubai-based Investment banking advisory firm Nimai has unveiled a USD 150 Mn fund in a partnership with Kenya’s Victoria Commercial Bank .
05/14/2019
Attijariwafa Bank launches Africa Development Club in Egypt
He stressed that Egypt is the first destination for foreign investments in Africa, pointing out that the presence in Egypt is the most important investment of the group in Africa due to its distinguished geographic position
05/14/2019
NBK launches a waste recycling initiative in cooperation with Omnia Project Management
Targeting the collection of 18,000 plastic and cardboard waste items from NBK Iftar Tent
05/13/2019
Visa partners with Bahrain FinTech Bay to further develop Bahrain's Fintech ecosystem
The partnership will focus on the development of joint innovation and educational initiatives alongside a payments focused event to discuss the latest trends in payments, e-commerce, security and risk.
05/13/2019
Commercial Bank wins 'Best Retail Bank in Qatar 2019' award
Commercial Bank is leading the way in transforming retail banking by introducing digitally innovative banking products and services, and we will continue to harness new technologies for the benefit of our customers.”
05/13/2019
New Noor Bank white paper explores UAE's prepaid cards, digital payments ecosystem
Report offers a unique perspective on the current payments landscape
05/13/2019
Ithmaar Holding and its wholly-owned subsidiary, Ithmaar Bank, both report first quarter profits
Ithmaar Holding’s total assets stood at US$8.02 billion as at 31 March 2019
05/13/2019
Dubai Banks Are Said to Hire HSBC and Barclays for Merger Talks
Dubai Islamic Bank in talks to potentially acquire Noor Bank
05/13/2019
Bank ABC Islamic announces 16.8% increase in first quarter net profit
Net profit for the first quarter was $9.6 million, 16.8% higher
05/13/2019
Bahrain's Al Baraka Group Q1 profit falls as income from units drop
Net profit for the three months ending March, slipped 28% to $41 million
05/12/2019
Egypt- EALB launches new retail banking package for first time in its history
The EALB has also activated the products of progressive yield, mortgage finance, small and microenterprise loans, and expanded financing for large enterprises and companies.
05/09/2019
QIB launches new takaful cover for low-income workers
The Family Shield WPS Takaful plan is designed for these workers providing financial security for their families in case of any unforeseen eventualities.
05/09/2019
Al-Ahli Bank of Kuwait wins ‘Bank of the Year’ award, ‘Special CSR Award’
Arabian Business Awards 2019 for fourth consecutive year
05/09/2019
Huge Growth of Middle East Consumer Banking Market to 2025
The forecast period considered by the analysts of this publication is 2019-2025 and the review period is 2014-2018.