07/15/2018
HSBC, Credit Suisse to advise on Kuwait's KFH, Bahrain's AUB merger talks
A merger between Bahrain's largest bank and Kuwait's biggest Islamic lender would be the first cross-border tie-up
Retail Banking
07/12/2018
Qatar National Bank second-quarter net profit rises 5.7%
The bank made a net profit of QAR3.7billion ($1.02billion) in the three months to June 30
07/12/2018
Portugal’s Novo Banco completes sale of controlling stake in Cabo Verde bank
This was the second attempt to divest the Cape Verdean bank after having failed to sell to a group of investors led by Portuguese businessman José Veiga in 2016.
07/10/2018
NBK reports net profits for 1H 2018
12.9% year-on-year growth.
07/02/2018
Palestine's The National Bank introduces the First Digital Service Center in the Middle East
The system allows multi agents to use the same social platforms to answer inquiries
06/21/2018
Barwa Bank and International Bank of Qatar in advanced merger talks
Barwa Bank and International Bank of Qatar were not immediately available to comment.
06/18/2018
UAE to give ethiopia usd3 billion in aid and investments
The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage, government spokesman Ahmed Shide said.
06/15/2018
Masraf Al Rayan, Barwa Bank, IBQ call off merger plan
Masraf Al Rayan is a listed entity, while Barwa Bank and IBQ are not listed
06/14/2018
National Bank of Fujairah to tap debt programme to fund growth
NBF received approval from shareholders in March to convert the Dh500m additional tier 1 capital notes into ordinary shares at Dh2.85 per note.
06/12/2018
Ithmaar Bank unit on growth path
Ithmaar Bank owns 66.
06/11/2018
Going Public: Saudi firms among world's largest publicly traded companies in Forbes list
Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day
06/11/2018
Bank Muscat and Newgen Software Receive The Asian Banker Financial Technology Innovation Awards, 2018
The awards ceremony was held in Dubai on April 25th, 2018.
06/10/2018
Qatar's Commercial Bank ends UAB stake sale talks with Tabarak
Reuters had reported in April that Tabarak had been granted more time to secure the financing it needs to buy a 40 percent stake in United Arab Bank.
06/10/2018
World Union of Arab Bankers Awards 'Samba' Arab Bank of the Year
CEO of Samba Financial Group, Rania Nashar expressed her pride in this achievement, which reflects the regional position of Samba and the efforts that the Group has been able to build thanks to its commitment
06/07/2018
Qatar remains conducive to new businesses despite siege, says QDB official
If you look back five years ago, Qatar's entrepreneurship ecosystem was totally different from what you see today.
06/07/2018
Algosaibi signs grant agreement with Ebdaa Bank
$263,000 grant will help enhancing bank’s financial solvency and to increase its ability to expand borrowers list
06/05/2018
Russian bank VEB opens office in Abu Dhabi
The VEB representative office in Abu Dhabi will promote cooperation between the UAE and Russia in exports and investment
06/05/2018
Dubai's Mashreq applies for Saudi banking licence
Mashreq already has a presence outside the United Arab Emirates in Egypt and Qatar
05/29/2018
Commercial Bank, QFC sign MoU for strategic partnership
Bank for their corporate banking needs, and allow Commercial Bank to offer retail banking services to the firms’ new and existing employees.
05/29/2018
Omani lenders seek to join merger wave in Mideast banking
The move comes amid consolidation among banks in the six-nation Gulf Co-operation Council to better compete in a crowded market.