06/28/2017
Central Bank of Oman statistics show an upswing in money supply among the nation’s banks in the first quarter of 2017, with total deposits to conventional banks rising by 4.2% to OR19.02bn ($49.4bn), compared to growth of 2% in quarter one 2016.
06/26/2017
Almost all UAE banks are now using data from the new national credit bureau, placing the nation on par with most developed markets
06/22/2017
The merger will create the country’s second largest lender
06/22/2017
A shake-up has long been mooted in the Qatari banking sector given that 18 local and international commercial banks serve a population of 2.6 million.
06/21/2017
Qatar's central bank has about $34.5 bn of net foreign reserves and the Qatar Investment Authority is believed to hold over $200 bn of liquid assets.
06/20/2017
The telecommunications and industrial sectors came in the second and third with etisalat being the biggest telecommunications company in all metrics.
06/18/2017
The US dollar rallied against the other main currencies after the Federal Reserve increased the interest rate.
06/17/2017
This contributes in reaching every calling customer and maintains KFH service level at peak times.
06/15/2017
The bank says it sees no big deposit outflows and continues to grow in profitability despite the Gulf crisis.
06/14/2017
The role of a CIO/CDO is extremely crucial for the survivability of banks today.
06/14/2017
The biggest diplomatic row in years among the rich states of the Gulf led to the UAE, Saudi Arabia, Bahrain and Egypt.
06/13/2017
Like other Qatari banks, it has been hit by concern that the embargo mounted against Qatar by other Arab states could reduce its access to foreign funding.
06/12/2017
The approval reaffirms Emirates NBD’s role as a significant player in the UAE’s equity markets, offering a wider range of value added services.
06/11/2017
Pakistan’s largest bank Habib Bank Limited has announced its strategic retail analytics programme in collaboration with Qarar, UAE’s leading decision analytics consultancy.
06/11/2017
The Genesys Middle East Summit is one of the leading annual events in the region.
06/11/2017
Deposits and other funding sources from GCC countries represent about 8 percent of total liabilities of Qatari lenders or $20 billion.
06/08/2017
Al Eisa further expressed his gratitude and appreciation to Sheikh Mohamed El-Sabbah, as well as its board members and Secretary General.
06/08/2017
The central bank's move to gather data on the currency market was in response to this concern.
06/07/2017
Listing underlines growing economic ties between UAE and China
06/07/2017
Banks and firms across Gulf Arab nations sought to keep business links to Qatar open and avoid a costly fire sale of assets on Wednesday as a political freeze descended on the region.