04/29/2019
UAE’s United Arab Bank cuts 150 jobs – sources
The cuts are mostly junior and middle level staff and some senior positions, the sources said
Retail Banking
04/29/2019
Qatar Development Bank opens registration for 'ROWAD Award 2019'
Qatar topped the global entrepreneurship environment, according to the Global Entrepreneurship Monitor report featuring some 56 countries, which also confirms the leadership’s keenness in promoting entrepreneurship and integrate it into the na
04/29/2019
Commercial Bank wins 'Asian Banker Financial Technology Innovation Award'
'The Bank continues to invest in innovative technology to provide the best customer experience, said Amit Sah, executive general manager (Consumer Banking) said.
04/29/2019
KFH achieved positive performance for the fifth consecutive year: Al-Roshood
Q1 2019 earnings webcast says operating profits reflect success of KFH strategy
04/27/2019
Sohar International posts 14% net profit
Operating profit increased by 11.2 per cent from OMR12.40 million in the first three months of 2018 to OMR13.79 million in 2019.
04/26/2019
SBP reserves dip 2.4% to stand at $9bn
Overall, liquid foreign currency reserves, held by the country, including net reserves held by banks other than the SBP, stood at $15,994.3 million.
04/25/2019
Saudi banks SABB and Alawwal get nod for merger plan
Saudi British Bank says it will invite shareholders to consider and approve the merger at an extra-ordinary general meeting on May 15
04/25/2019
CBD wins "Most Innovative Card of the Year"
The CBD Super Saver card is a result of our extensive analysis of our clients' spending habits and preferences, and rewards customers for their everyday spends across grocery, fuel, utility bills and government payments as well as education spends.
04/25/2019
RAKBank’s Q1 net profit up 31.7% to Dh270.2m
Improved asset quality resulted in a decline in provisions
04/25/2019
EDB approves Dh1.45b housing finance in Q1 2019
The bank also supports Emirati businesses with Dh407m in financing
04/25/2019
Saradar Bank and Eurisko Mobility Release Lebanon's First Bank Account Digital Onboarding Journey
Together with Eurisko Mobility, Saradar Bank aims to revolutionize the way in which customers open their accounts or apply for banking products
04/25/2019
Alinma Bank chief honored by Top CEO in Bahrain
Al-Fares thanked the organizers and expressed his appreciation for the efforts exerted by all the employees of the bank.
04/25/2019
BankDhofar First in Oman to Introduce NCR’s Financial Kiosk
NCR Financial Kiosk offers BankDhofar customers the ability to conduct 90 percent of teller-aided transactions conveniently and on their schedule
04/23/2019
KFH increase of 17.4% in net profit for the first quarter of 2019: Al-Marzouq
Fifth consecutive year of sustainability and growth
04/23/2019
Mashreq reports Dh628m first quarter net profits
Loan impairment provisions declined 13.6% year on year in Q1 2019
04/23/2019
Emirates Development Bank holds workshop to accelerate growth of the UAE's SME ecosystem
The workshop aims to highlight financial solutions available for UAE nationals and access to financing schemes
04/22/2019
CBI reports Dh20 million net profit in Q1 2019
Operating expenses declined by 13 per cent in Q1
04/18/2019
NBB net profits widen to $54.3 million for the first quarter of 2019
Operating income rose by 13.6% y-o-y to BHD34.2 million ($ 91.0 million) compared with BHD30.1 million ($ 80.1 million) in the prior-year period.
04/18/2019
ICBC Turkey named best investment bank of 2018
It is the second time for ICBC Turkey to take the honor.
04/17/2019
Emirates NBD rings bell to list bond on Nasdaq Dubai
Dubai will continue to enhance its listing infrastructure on behalf of UAE and overseas issuers and investors.”