04/22/2016
Qatar First Bank announces second Qatar share float since 2010
The reference price of the shares will be QR 15 on the opening day with a fluctuation of 30 percent, said a Qatar Stock Exchange statement.
Retail Banking
04/20/2016
Al Baraka Bank begins due diligence of Burj Bank
Al Baraka Bank nor Burj Bank is listed on the stock exchange.
04/19/2016
Oman's Alizz Islamic Bank Unveils New Financial Product
Growth of Islamic banking in Oman is an incredible phenomenon says an official of the alizz islamic bank.
04/17/2016
Mashreq honored for its customer driven innovation and service excellence
Mashreq scoops 4 awards at the 2016 Banker Middle East Product Awards
04/11/2016
QNB launches new government contract financing product for SMEs
The new product is another valuable addition to QNB’s outstanding SME product line, aimed at assisting this important sector and promoting its advancement and growth as a true driver of the Qatari economy and its development, it said.
04/11/2016
Gulf Bank wins 2 prestigious awards from International Finance Magazine
These awards underline both the Bank’s commitment to delivering the most innovative financial products and easy-to-use products.
04/11/2016
Gulf Bank wins 2 prestigious awards
These awards underline both the Bank’s commitment to delivering the most innovative financial products and easy-to-use products.
04/10/2016
Bank Muscat wins Best Online Service in Oman award
The bank’s state-of-the-art mobile banking service has made banking truly mobile for the largest banking family in Oman who can bank 24/7 ‘anytime, anywhere’.
04/10/2016
Bank of China enters Turkish market
As China's most internationalized and diversified bank, the Bank of China provides a comprehensive range of financial services to its mainland as well as 41 countries and regions.
04/06/2016
Commercial Bank of Kuwait hoping to maintain profit level in tough times
Banks in Kuwait and more broadly across the Arabian Gulf countries are suffering from tightening liquidity as governments withdraw deposits to plug fiscal deficits. This is expected to impact bank earnings this year.
04/05/2016
Bahrain-based bank to enter Turkish market
The Bank of Bahrain and Kuwait will be the second Bahrain-based bank to enter the Turkish market.
04/04/2016
Subscription opens for BBK BHD 100 million convertible capital securities offering
BBK and Securities & Investment Company jointly announce the opening for subscription on Sunday three April 2016 of BBK’s BHD 100 million ($265.3mn) perpetual tier one convertible capital securities offering, which will close on Monday 18 April
03/31/2016
Qatar bank Al Khaliji says raises 1 bln riyal capital-boosting bond
The bond issuance comes at a time when many Gulf banks are moving to raise capital, to top up reserves after years of lending growth and in order to meet Basel III regulatory requirements.
03/31/2016
Qatar banks’ credit growth seen falling to 8% over next 12 months
The country is still expected to deliver solid non-oil economic growth in the 8% range driven by continued infrastructure investments that provide stable growth prospects for 2016.
03/30/2016
Egypt's Banque Misr opens new regional hub in UAE
The Bank currently owns and operates more than 500 electronically connected local branches
03/28/2016
Adcb recognised with two prestigious awards by Asian Banker 2016
Adcb wins "Best Retail Bank in the UAE" and "Best Brand Initiative for 2016" Abu Dhabi, 26 March 2016
03/28/2016
Bank Muscat granted approval for Iran office
The bank could become one of the first foreign lenders to enter the country
03/27/2016
Al Hamra Real Estate seals deal with Abu Dhabi Commercial Ban
ADCB and leading Northern Emirates developer tie-up secured as expanding project portfolio puts Ras Al Khaimah on the global investment map; agreement includes high profile Bayti developments, including equity release option
03/27/2016
Oman Arab Bank joins hands with Barr Al Jissah to provide homeowners with exclusive ‘Elite’ banking services
Launched in December, OAB’s Elite Priority Banking Service was established to provide high net worth individuals with a new world of premium banking.
03/24/2016
Commercial Bank to raise capital up to $8.5bn
The shareholders meeting also gave the nod to launch a Global Medium Term Notes programme to allow issuance into the US markets for up to $2bn or its equivalent in Qatari riyal with a maximum maturity of 30 years.