05/22/2019
Abu Dhabi banks report robust profits in Q1
Nine listed-banks have reported a net profit of AED 5.63 billion for the first quarter of 2019
Retail Banking
05/22/2019
KHCB announces readiness for open banking services
Through the implementation of this service, KHCB will be able to accept requests to share account information and process payment procedures with other banks and institution in the frame of open banking.
05/21/2019
National Bank of Bahrain launches online trading platform
The trading platform offers minimum upfront investment costs and a more simplified way for customers to access the market from wherever they are.
05/21/2019
Ajman Bank launches Makaseb Real Estate Investments
The investment was financed through a combination of equity and a Sharia-compliant financing facility, with Ajman Bank participating in the transaction as a strategic seed investor and sole financier.
05/20/2019
Diversification of business mix brings stability to income streams
Net interest margins to remain high, but to graduate downwards
05/17/2019
Unlocking the future of cross-border payments
Corporate clients demand faster payments that are transparent, predictable and lower in cost.
05/17/2019
NBB forges ahead with open banking in Bahrain
The bank says the move reflects is commitment to transform and diversify its business through investment in digital infrastructure and services.
05/16/2019
NBK wins global best innovation for real time payment tracker
Global Finance Magazine’s annual survey
05/16/2019
Enjoy convenient access to finance in the UAE
The UAE has a pro-business culture and environment
05/16/2019
NBK- Egypt reports net profits in 1Q 2019 growing by 2.6% YoY
Al-Sager: NBK-Egypt is one of the most important branches for the Group as it plays a vital role in achieving our income diversification strategy.
05/16/2019
QNB opens new branch at Msheireb Metro station
The Msheireb station is located at the heart of the Doha Metro, with the Red, Green and Gold lines all meeting at this point, and represents one of the world’s biggest Metro stations.
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
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