03/15/2019
Emirates NBD affiliate Network International plans London IPO
Company announces changes in its board
Retail Banking
03/14/2019
Expats in UAE remit $10.8bln in Q4 2018
It was followed by Pakistan, comprising 9.4%, Philippines (7.2%), the United States (5.9%) and Egypt (5.5%).
03/14/2019
Mashreq to close 50 per cent of branches this year
Move is part of digital transformation
03/14/2019
Alinma Bank wins award in MEFTECH
This award is a testament to our successful execution of this approach; and we will continue to work toward being the preferred financial partner for all in our market.”
03/14/2019
Commercial Bank joins international blockchain collective
Commercial Bank’s membership of R3 is further evidence of its commitment to apply the latest technologies to improve services for customers and to drive operational efficiencies.
03/14/2019
Barwa Bank sets eyes on growth fuelled by Qatari economy
This also came in line with the approval of the Board’s recommendation to distribute cash dividends amounting to 15% of the nominal value of the shares at the rate of QR1.5 per share.
03/13/2019
Sheikh Duaij: Boursa Kuwait privatization will incentivize companies to list on market
TBY interviews Commercial Bank chairman and CEO
03/13/2019
New Efma report explores how banks in the Middle East are putting customer satisfaction at the core of digital transformation
Efma's latest Regional Review brings together insights from banking pioneers to find out how banks in the Middle East are innovating to optimize the customer experience
03/11/2019
UAE's Network International ramps up business in Saudi Arabia
Last year, the company processed approximately 680 million transactions worth $36 billion
03/08/2019
The ADCB-UNB merger is set for May 1
UNB shareholders will be issued new ADCB shares the same day or next business day
03/07/2019
KIB is leading the fintech revolution in Kuwait
Kuwait International Bank has recently introduced a range of innovate technologies across its business that have enabled the market leading bank to better connect with its customers
03/05/2019
National Bank of Bahrain ramps up operations in UAE, Saudi Arabia
The bank has doubled its staff numbers in Riyadh and is recruiting people to its Abu Dhabi branch
03/04/2019
United Arab Bank reports net profit of AED77 million in 2018
Commenting on the bank's financial results, Sheikh Faisal bin Sultan bin Salem Al Qassimi, Chairman of the Board of Directors, said, "The bank's improved financial performance in 2018 was the direct result of placing our customers first.
03/04/2019
Saudi Arabia ‘has deposited $334m in Jordan’s central bank’
Saudi Arabia alongside Kuwait and the UAE put together a $2.5 billion package in June to help shore up Jordan's struggling economy
03/01/2019
Union Coop plans move into Abu Dhabi
Company reported 16% fall in net profit earlier this week
03/01/2019
DenizBank's acquisition to be finalized soon
The Emirates NBD banking group is an important player in the UAE's corporate and retail banking sector.
02/28/2019
The impact consolidation will have on Abu Dhabi's banking sector
Planned mergers are set to create a more consolidated and robust banking sector in Abu Dhabi, strengthening its position as a leader in the regional financial market.
02/28/2019
Finansbank Had Acquired by Qatar National Bank in 2016
QNB payed slightly under the book value for the lender based in Istanbul according to bank analysts.
02/28/2019
Lebanon 2019 bank deposits seen growing a `conservative' $7-$8 bln-banker
We are in a wait-and-see mode
02/27/2019
National Bank of Bahrain expects double-digit loan growth in 2019 – CEO
NBB, the second largest Bahraini bank by market capitalisation, said this week it had put on hold its plan to acquire additional shares in Bahrain Islamic Bank.