11/19/2018
Commercial Bank of Dubai unveils innovation lab
CBD Lab was inaugurated by CBD board members Abdulla Salem Al Turifi, Hamed Ahmed Kazim and Ali Fardan Al Fardan, in the presence of Dr Bernd van Linder, CEO of CBD
Retail Banking
11/15/2018
Abu Dhabi Commercial Bank picks Barclays to advise on merger
Potential merger involves ADCB, Union National Bank (UNB) and Al Hilal Bank
11/14/2018
Abu Dhabi Commercial Bank picks Barclays to advise on Union, Al Hilal merger
If it goes ahead, the mergercould create an entity with around $113bn in assets
11/13/2018
NBB backs Bahrain International Airshow
The event runs between November 14 and 17 at Sakhir Air Base.
11/13/2018
QIB adjudged Qatar’s ‘Best Consumer Digital Bank’ by Global Finance magazine
Winners were chosen among entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing.
11/12/2018
Emirates NBD recognized as The Innovator in the Middle East by Global Finance
Bank wins awards across digital banking and innovation categories
11/12/2018
Commercial Bank strategy, key successes, growth plans highlighted at Istanbul event
Abraham reiterated Commercial Bank’s five-year strategic plan with the vision to be the ‘Best Bank in Qatar’, recognised for its Five Cs: corporate earnings quality, client experience, creativity and innovation, culture, and compliance.
11/09/2018
Gulf Bank, Kuwait, launches new website with Khayal Consultants
The website is optimised for mobile phones and touch screen devices and is fully responsive to provide the best user experience.
11/07/2018
Bank ABC reports 5pc growth in net profit
The bank’s profit before taxation was $178 million
11/06/2018
Doha Bank wins ‘Golden Peacock Global Award’
The award was presented by Baroness Verma, the UK’s former Minister of Energy, Climate Change and International Development.
11/06/2018
Dubai bank Emirates NBD launches API sandbox for fintechs
The platform consists of over 200 APIs and 900 end points covering retail, corporate and SMEs
11/05/2018
KFH launches KFH Xpress for instant cross-border money transfer
KFH continuing efforts to offer superior customer service while adopting digitization and the latest financial technology.
11/05/2018
Noor Bank to accelerate digital transformation with the power of Microsoft Dynamics 365
Bank to boost customer engagement by empowering sales, marketing and service employees with rich visualizations of prospects, leads and scheduled tasks
11/05/2018
First Abu Dhabi Bank receives award for Best Bank for Liquidity Management Middle East
The awards recognise leading financial institutions which provide global treasury clients with advanced data analysis
11/05/2018
Emirates NBD Egypt PMI
Output price inflation eases to ten-month low
11/05/2018
Alkhabeer Capital to list SR1bn REIT fund
The target returns of over nine percent per annum, distributed quarterly, are among the highest in comparison with other real estate investment traded funds listed on the Saudi stock exchange (Tadawul).
11/02/2018
HSBC sees doubling of commercial bank’s MENA profit by 2023
The commercial bank, which includes trade finance, cash management and capital financing, reported profit of $199m in MENA in 2017
11/02/2018
United Arab Bank announces financial results for Q3 2018
Income generated from core businesses showing an uplift of 2% over Q3 2017.
11/01/2018
Abu Dhabi said to be in talks to create two banks in three-way merger
Abu Dhabi plans to set up a holding company to manage the new entities, which would operate under separate banking licences, accoding to sources
10/31/2018
RAKBANK to tie-up with three new fintech firms
Banks, have to work with fintech firms rather then consider them competition.