09/15/2015
UnionPay International and Doha Bank Enter into a Strategic Partnership
Doha Bank marks yet another First in the Banking Industry in Qatar by being the first issuer of UnionPay cards in Qatar
Retail Banking
09/15/2015
Qatar National Bank to bid for Kuwait Finance House’s Malaysian operations
Qatar National Bank, the biggest Middle East lender by market value, is among suitors that submitted final bids for Kuwait Finance House’s Malaysian operations, people with knowledge of the matter said.
09/14/2015
UAE bank FGB says completes $1 bln 3-yr loan for general purposes
The bank will pay 70 basis points over the London interbank offered rate for the three-year facility
09/14/2015
Doha Bank honored with "Bank of the Year Award" by ITP Group
Doha Bank has a strong reputation for new and innovative products in retail
09/14/2015
ADS Securities Hong Kong Launches Retail Offering
Retail offering of award-winning Abu Dhabi-based financial services company now available to Hong Kong customers
09/09/2015
Fujairah bank opens unit for female entrepreneurs
A local bank has developed a specialised business segment to cater to the needs of Emirati women.
09/08/2015
Gulf Bank Wins IFM 2015 Awards
The awards also help to reinforce Gulf Bank's position as a major Kuwaiti financial institution which operates to the highest international standards of quality and excellence.
09/07/2015
NBAD offers finance to Egyptian expats & UAE Nationals to acquire homes in Egypt
National Bank of Abu Dhabi has launched a new program for Egyptian expatriates to purchase, finish or furnish residences in their home country.
08/28/2015
Middle East hunt for Woori buyers
Jeong eyes rich state funds of Abu Dhabi to invest in institution
08/27/2015
CBE approves CIB’s acquisition of Citibank retail portfolio
The Central Bank of Egypt approved, on Tuesday, the Commercial International Bank’s acquisition of Citibank Egypt’s private retail banking portfolio.
08/19/2015
Kuwait's Burgan Bank to redeem subordinated debt worth $730 mln
Will also buy back 100 mln dinar bonds for same reason
08/17/2015
Ithmaar reopens enlarged branch in Bahrain
The upgraded branch, which includes an almost 30 percent increase in total area over the previous branch premises
08/14/2015
SAIB Wins Best Banking Loyalty Program Award
The Saudi Investment Bank is awarded "Best Loyalty Program of the Year in Financial Services" at the Loyalty Awards in London.
08/14/2015
Emirates NBD launches mobile remittance service to India
The service builds on the bank's popular DirectRemit platform that allows money transfers in 60 seconds to beneficiary accounts.
08/11/2015
Asset management firms shift focus to unpaid consumer bills
Asset management companies, which have already been de-facto managing the non-performing loans of the ten largest banks in Turkey, have now set their eyes on unpaid telecommunication, natural gas and water bills, according to an exclusive report in daily
08/11/2015
ALUBAF achieves ISO/IEC 27001:2013 certification
"It is with great pride that we announce our successful achievement of ISO 27001:2013 certification," said Mr. Hasan Abulhasan, Chief Executive Officer of Alubaf Arab...
08/10/2015
Banks in UAE no longer demand blank cheques
Demand for higher security amounts depend on bank’s risk perception
08/06/2015
Seychelles Bank turning Sharia-compliant
The delegation called on Seychelles President James Alix Michel in the country’s capital Victoria.
08/05/2015
UAE authority approves NBAD for lending activity
The Securities and Commodities Authority (SCA) in the United Arab Emirates (UAE) has granted approval for the National Bank of Abu Dhabi (NBAD) to engage in securities lending and borrowing activities, making it the first bank to receive approval.
08/05/2015
Emirates NBD partners with Uber on exclusive offer for cardholders
Emirates NBD has signed an exclusive partnership with Uber, allowing Emirates NBD customers to enjoy more rewards on their credit cards, complimentary rides and opportunities to win cash back every hour.