06/18/2017
Federal Reserve plans to raise interest rate
The US dollar rallied against the other main currencies after the Federal Reserve increased the interest rate.
Retail Banking
06/17/2017
Kuwait Finance House ‘rolls out’ four innovative banking services – KFH solidifies leadership in banking technology: Al-Obaid
This contributes in reaching every calling customer and maintains KFH service level at peak times.
06/15/2017
Qatar National Bank reports healthy liquidity position
The bank says it sees no big deposit outflows and continues to grow in profitability despite the Gulf crisis.
06/14/2017
CIO role in focus at banking innovation summit
The role of a CIO/CDO is extremely crucial for the survivability of banks today.
06/14/2017
Qatar National Bank sees no significant outflows of deposits, other funds
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
Gulf mixed in early trade; Qatar National Bank slides
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
Emirates NBD provides clearing and settlement services for the UAE’s equity markets
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
Bank Limited to advance its retail analytics programme
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
United Arab Bank Wins a Genesys Award
The Genesys Middle East Summit is one of the leading annual events in the region.
06/11/2017
Qatar banks can survive Gulf, foreign funds withdrawal, S&P says
Deposits and other funding sources from GCC countries represent about 8 percent of total liabilities of Qatari lenders or $20 billion.
06/08/2017
Chairman of Samba Financial Group voted ‘Arab Banker of the year 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
Qatar c.bank asks for FX data as capital outflows pressure riyal
The central bank's move to gather data on the currency market was in response to this concern.
06/07/2017
China Construction Bank rings bell to list $1.2 billion bond on Nasdaq Dubai
Listing underlines growing economic ties between UAE and China
06/07/2017
Gulf firms struggle to keep Qatar business ties despite crisis
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.
06/06/2017
FGB-NBAD Deal To Trigger A Wave Of Consolidations In U.A.E. Banking Market
First Abu Dhabi Bank is the chosen name for the new entity born out of the merger.
06/06/2017
Qatari riyal under pressure as Saudi, UAE banks delay Qatar deals
Qatar has dismissed the terrorism charge and welcomed a Kuwaiti mediation effort.
06/05/2017
KPMG Report: Bahrain Banking Sector Remains Resilient in Challenging Times
The challenging economic conditions in the region has led to widespread drop in profits in the past 12 months.
06/05/2017
Rising output, new orders lift UAE business morale to 8-month high
May data signalled a further increase in business activity at the non-oil private sector firms.
06/04/2017
New UAE bank merger recognised as leading institution in UAE and region
The Euromoney Awards for Excellence, now in their 26th consecutive year, were the first of their kind in the global financial publishing industry.
06/04/2017
Gulf Bank Named ‘Best Retail Bank in Kuwait’ by the Banker Middle East
Gulf Bank has received several other awards during 2017, recognizing various elements of the Bank’s work.