05/21/2015
Kuwait’s Al Ahli Bank buying Egyptian unit of Greece’s Piraeus Bank for $150m
The transaction, which requires approvals from the central banks of Kuwait and Egypt, stands to benefit both lenders.
Retail Banking
05/21/2015
Mashreq Puts its Customers at the Heart of Banking
Wins 5 top awards at Annual Insight Middle East Call Centre Awards 2015
05/21/2015
Al Khaliji receives award for ‘best credit card design’
Al Khalij Commercial Bank has received an accolade for “best credit card design” at the 2015 Arab Banks Awards & Commendations of Excellence.
05/19/2015
BankersLab® Partners with Qarar to Bring Innovative Learning Solutions to the Middle East
The collaboration will place powerful learning tools, including simulation and scenario gaming, into the hands of Qarar’s subject matter experts, enabling them to transform the knowledge base and business outcomes of their clients.
05/18/2015
Two UAE banks 'still in frame' to buy Citi's Egyptian retail ops
It was not clear whether other bidders were still in contention, but the number has shrunk greatly
05/17/2015
Masraf Al Rayan's UK subsidiary opens branch for GCC clients in London
The exclusive branch, which is located opposite the famous Harrods department store, will provide Gulf Co-operation Council clients with exclusive private banking services.
05/17/2015
A clean sweep...Mashreq wins an unprecedented three Middle East Awards for its cards
This wins highlight the strength of Mashreq’s suite of award-winning cards, each of which is specifically aimed at the ever evolving needs and interests of its discerning customers.
05/16/2015
CIB bank of the year ,Union National Bank Egypt the fastest growing : Business News index
NBE has most customer satisfaction, 255 companies take part in the evaluation, Emirates NBD is third best bank
05/12/2015
BBK announces the launch of its Mortgage Loans Campaign
Constructing the perfect home or buying the dream property with no down payment has now become possible.
05/12/2015
Rakbank Wins 'Best Digital Bank in the Middle East'
The award recognised Rakbank's continuous effort to deliver seamless, efficient, and personalized service across all its digital touch points
05/10/2015
Gulf Bank wins two awards for Second Consecutive Year
Gulf Bank announced today that it has been awarded the 'Best Retail Bank in Kuwait' and the 'Best Retail Customer Service Bank in Kuwait' awards from International Finance Magazine, one of the world's leading financial publication
05/07/2015
Oman’s Bank Sohar says $104m rights issue oversubscribed
In total, shares worth 53.28 million rials were bid for under the capital increase
05/03/2015
Union National Bank wins the International Award "Golden Mercury"
UNB CEO Mr. Mohammed Nasr Abdeen was recently awarded the prestigious International Award - Golden Mercury, from the Europe Business Assembly in the United Kingdom.
05/03/2015
HSBC's exit from Turkey's retail banking market no easy task
Retail business may be sold for book value given tough local market and lack of potential buyers
05/03/2015
Mashreq Bank expands in Egyptian retail banking market
As part of the bank’s expansion plans, Mashreq Bank plans to increase staff amongst other initiatives to amplify the bank’s presence in Egypt.
05/01/2015
Oman’s United Finance Gets Acquisition Proposal From National Bank Of Oman
Any deal would require the approval of the board of directors, the shareholders and the regulators, United Finance said in a statement
05/01/2015
Bank of Baroda: Banking Beyond Boundaries
An interview with the Chief Executive, GCC Operations, Lalit Mohan Asthana.
04/30/2015
Doha Bank launches operations in India
The huge size of the Indian market along with its rising per capita income levels and business-friendly policies, renders it an essential and strategic location for Doha Bank
04/30/2015
National Bank of Oman eyes finance firm acquisition
Oman's United Finance has received an acquisition proposal from National Bank of Oman
04/29/2015
Abu Dhabi Finance to Finance Hydra Properties on Al Reem and Shahama
This agreement will allow investors in these Hydra developments to enjoy ADF 's award winning mortgage products and customer service