11/23/2016
Gulf Bank Wins 'The Internet and Mobile Security Technology Implementation of the Year - Middle East' from The Asian Banker
New Digital Technology Has Increased Customer Satisfaction, Reduced Operational Risk
Retail Banking
11/22/2016
ABK receives ‘Best Co-branded Credit Card’ and ‘Best Credit Card’ awards from Banker Middle East
The awards are a testament to the strength of our long term partnership with ABK
11/22/2016
Dubai’s Arqaam Sees Abu Dhabi Commercial Bank Buying Rival UNB
Brokerage ‘pretty confident’ Abu Dhabi banks looked at merger
11/22/2016
Abu Dhabi Commercial Bank closes $600 million syndicated loan - statement
ADCB decided to increase the final amount to $600 million
11/22/2016
UAE banks would benefit from mergers
Bank mergers are used in the GCC to save a bank in trouble, but a proactive strategy on mergers would create stronger, more efficient banks
11/21/2016
HSBC Subsidiary to Sell Lebanon Business Arm to Blom Bank
This is part of HSBC's strategy to streamline its operations in order to lower expenses.
11/21/2016
Abu Dhabi banks deny merger talks, shares fall
Abu Dhabi Commercial Bank, Union National Bank and Abu Dhabi Islamic Bank denied merger plans
11/21/2016
Large Saudi bank cuts money quote; rates may fall back below repo
The government is the biggest shareholder in the bank.
11/21/2016
Chinese banks active in UAE to spur regional growth
Bond listings by Chinese banks have totalled 1.98 billion US dollars, according to a Nasdaq Dubai spokesperson.
11/21/2016
Ithmaar Bank's retail banking subsidiary in Pakistan, Faysal Bank Limited, shows improved profitability and expands branch network
FBL planned to open 75 new Islamic branches in 2016, of which 43 branches have already been opened.
11/20/2016
Commercial Bank wins ‘Best Cash Management Bank in Qatar’ award
Commercial Bank is proud of their track record of supporting Qatari businesses and the economy for a sustainable future
11/20/2016
Gulf Bank awarded “Best Customer Loyalty Programme in Kuwait” from Banker Middle East
Gulf Rewards credit card program has been received very positively by our customers and the industry
11/18/2016
Fitch affirms ratings for five Bahraini banks
Fitch does not factor any Bahraini sovereign support in the ratings of the wholesale banks, GIB and ABC.
11/17/2016
Abu Dhabi Rallies on Bank merger speculation; Saudi, Egypt rebound
Abu Dhabi Islamic Bank climbed 4.7 percent after Bloomberg said it could be merged with Al Hilal Bank.
11/17/2016
Middle East Shares Advance, Abu Dhabi Jumps on Speculation of More Bank Mergers
El Sewedy Electric said quarterly profit jumped 153% to 720.7 million pounds.
11/17/2016
Federal Bank to expand overseas footprints
On the dramatic demonetisation of 1,000 and 500 denomination rupee notes by the Indian government.
11/17/2016
Doha Bank's Board will submit a recommendation to the EGM to raise the capital of the bank by 20%
The Board’s recommendation with regards to this Capital increase is subject to the approval of the regulatory authorities and the Extra Ordinary General Assembly of the Shareholders.
11/16/2016
Egypt, Saudi bourses hit by profit-taking
The Cairo-listed shares of Commercial International Bank, for example, fell 3.9 percent to 66.60 Egyptian pounds.
11/16/2016
Qatar's Doha Bank picks banks for conventional bond issue -sources
Doha Bank received approval earlier this year to raise funds with up to $5 billion worth of short term instruments
11/15/2016
AUB named ‘Best Private Bank in Bahrain 2016’
AUB has received the award for the third consecutive year amidst the numerous local and international banks operating in the Kingdom