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
Retail Banking
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.
05/09/2019
Private sector 'will benefit from implementing SDGs'
He stressed that SDGs can be achieved with concerted efforts of the world as a whole to help each other.
05/09/2019
Barwa Bank launches loyalty rewards & charitable initiatives
This year’s edition of Barwa Bank’s flagship tournament kicks off on May 8, 2019
05/09/2019
KIB participates in 'Workplace Bullying' workshop
As part of its strategic partnership with Kommunity
05/08/2019
Qatar Islamic banks' total assets rise 1.77% in 9 months in 2018: OBG
Non-performing financing, meanwhile, showed only a modest gain over the same period, rising from 0.6% to 1.2%.
05/07/2019
NBK Executive Management visits NBK Call Center and airport branches
Praising employees' performance and the outstanding services they provide around the clock
05/07/2019
First FAB branch in KSA boosts UAE-KSA trade ties
The new branch, located in Al-Cayan Tower, Riyadh, joins FAB’s international network that spans five continents.
05/07/2019
UAE- ADCB posts Dh1.15b Q1 net profit
Ala'a Eraiqat, group chief executive officer and board member of ADCB, said the bank has made good progress in a number of key areas in the first quarter.
05/06/2019
NBB launches home finance & equity promotions to support existing owners and buyers of new properties
NBB's newly relaunched Home Finance Loan aims to support existing and new customers to purchase a new property with a competitive interest rate, the ability to borrow up to 80% of property value and a tenor available up to 25 years
05/03/2019
UAE banks invested $9.53bln in Q1-2019
Debt-bonds accounted for the lion's share of banking investments, standing at $6.92bln
05/03/2019
Hong Leong Bank and Emirates Skywards Partner to Launch Emirates HLB Cards
Daily spends on Emirates HLB cards earn Skywards Miles redeemable for flight rewards on Emirates and partner airlines
05/02/2019
Banks merge to create UAE's third largest lender
Following the landmark transaction, the combined entity trades on Abu Dhabi Securities Exchange under the ticker of ADCB.
05/02/2019
NBF’s Q1 net profits up 15% to Dh167.6
Rise in interest income supports gain in profitability
05/02/2019
Bahrain has potential to be a global center for microfinance financial transfers: Ebdaa Bank
Ebdaa Bank for Microfinance and AGFUND working towards making Bahrain a global center for microfinance
05/01/2019
UAB reports net profit for Q1 2019
Interest income increased by 6% compared to prior year