07/03/2015

Dar opens MCB branch in Dubai

Finance Minister Mohammad Ishaq Dar has inaugurated a branch of MCB Bank in Dubai heralding its first wholesale banking operations in the United Arab Emirates.

06/29/2015

Emirates Islamic launches Easy Card

Emirates Islamic today announced the launch of 'Easy Card', a card which provides for a simple approval process with a range of features and benefits that reward customers as they spend.

06/28/2015

Ithmaar Bank earns Excellence Award

Ithmaar Bank , which achieved 94.5 percent efficiency in the execution of electronic payments during 2014, received the Straight Through Processing Excellence Award at a ceremony held at the Bank's Seef Headquarters.

06/24/2015

Doha Bank starts operations in SA

Doha Bank Group, one of the largest commercial banks in Qatar, said it is this week opening an office in South Africa, which it sees as the “gateway to the African continent”.

06/23/2015

NCB raises SR1bn through sukuk

Saudi Arabia's National Commercial Bank became the latest lender in the Kingdom to announce the sale of a capital-boosting Islamic bond, raising SR1 billion ($267 million) through a sukuk which will enhance its core capital.

06/23/2015

UAE bank NBF expects market-leading loan growth this year

National Bank of Fujairah (NBF) expects to outperform its rivals with double-digit loan growth in 2015 as buoyant demand in sectors such as trade finance, services, manufacturing and education offset slight softness in the infrastructure market, its CEO s