12/23/2018
Invest Bank seeks fresh capital infusion to strengthen balance sheet
Government of Sharjah will acquire 50 per cent equity, subject to shareholder approval
Retail Banking
12/20/2018
Doha Bank opens representative office in Nepal
Doha Bank has already started partnering with Nepali banks and financial institutions to facilitate Nepalis working in Qatar to send money home.
12/20/2018
Moody's upgrades ratings of three Bahraini retail banks
These banks are BBK, National Bank of Bahrain Bahrain Islamic Bank and Khaleeji Commercial Bank.
12/20/2018
NBO wins prestigious CITI Straight Through Processing Excellence Award
NBO's Operations Department offers local and international customers an end-to-end service to support their national and global financial needs.
12/20/2018
SABB ‘Best Cash Manager Bank in Saudi Arabia’ anew
The combination of SABB’s breadth of offering, extensive domestic footprint and global reach has positioned SABB as the strongest cash management player in Saudi Arabia.
12/19/2018
Emirates NBD and Emirates Skywards define new standards for loyalty in UAE
Offers Skywards Miles on debit card spends linked to savings account balance
12/19/2018
Egypt’s Commercial International Bank launches CVentures, a CVC to invest in FinTech startups in Middle East & Africa
CVentures will also consider making seed investment across similar markets.
12/19/2018
Doha Bank marks National Day with festivities
The day-long celebration featured the presence of VIPs, the Bank’s leadership, senior management, as well as employees and their families.
12/19/2018
Iraqi trade bank reportedly intends to acquire a Turkish lender
Turkey is the largest trade partner of Iraq.
12/17/2018
Trade Bank of Iraq looking to acquire a Turkish lender
The state-owned bank is expanding in the Arabian Gulf and eyes as much as 7% in revenue growth, says chairman
12/17/2018
ABK wins The Asian Banker Credit Risk Management Award for 2018
Award ceremony held during MEA International Finance Dialogue 2018
12/17/2018
Iraq’s new lender selects ICSFS for universal banking solution
ICS BANKS from ICSFS has been in production and live in Iraq for over 15 years, with clientele of over 25 local and foreign banks.
12/17/2018
The Gulf’s corporate governance needs to plug a few gaps
It is in the transition from private to publicly owned that is proving troublesome
12/13/2018
Kingdom Of Bahrain Eyes Global Leadership In Open Banking
It is testament to the vision of the Central Bank of Bahrain that our Kingdom now has a very real opportunity to become the most sophisticated and connected market for open banking globally.”
12/12/2018
Doha Bank to cut construction exposure, keep UAE branches - CEO
Doha Bank has a branch in Dubai and Abu Dhabi and it is reducing exposure to the UAE through asset swaps, sources told Reuters previously.
12/11/2018
NBK-Egypt signs a cooperation protocol with Egypt’s Town Gas
Bank to finance natural gas connections to New Cairo districts
12/10/2018
Bahrain's central bank introduces repo instrument
This tool will also allow for investing excess liquidity at a lower risk,” the central bank added.
12/10/2018
Qatar’s Commercial Bank may raise up to $1bn in debt in 2019
Abraham said that total debt issuance in 2019 could go up to $1bn.
12/09/2018
Qatar's Commercial Bank remains committed to Turkey -CEO
Ankara has emerged as a strong ally as Qatar faces off against Saudi Arabia, United Arab Emirates, Bahrain and Egypt in a regional diplomatic and commercial rift.
12/09/2018
Commercial Bank of Qatar Obtains $750 Million for Refinancing
It was oversubscribed at $975 million.