03/19/2015
Qatar's CBQ shareholders approve up to $1 bln in capital instruments
The annual general meeting of the Gulf Arab state's second-largest lender by assets gave approval for the move
Retail Banking
03/19/2015
QNB consolidates Mena lead with Fitch upgrade
The Fitch move follows its recent report on the “positive outlook” of Qatar and in particular, the “healthy condition” of the country’s banking Sector.
03/18/2015
Michael Bloomberg praises Emirates NBD's contributions to Dubai's growth during visit
The bank's senior representatives discussed how Emirates NBD 's business activities are aligned with various government initiatives that help underpin Dubai and UAE's growth over long term.
03/17/2015
Commercial Bank is Premier Sponsor of Institute of International Finance meeting in Doha
The IIF is a leading global association of banks, insurance companies, asset managers, sovereign wealth funds, pension funds, central banks, and development banks from over 70 countries.
03/16/2015
UAB wins Best Loyalty Programme, Best Premium Credit Card and Best Co-Branded Credit Card
United Arab Bank (UAB) has received a trio of coveted awards in the Banker Middle East UAE Product Awards, winning Best Loyalty Programme for 'UAB Rewards’, Best Premium Credit Card for ‘UAB Visa Infinite’, and Best Co-Branded Cred
03/15/2015
Abu Dhabi Islamic Bank in the hunt for Citi’s Egypt operations
UAE banks are set to feel the pinch from a dramatic drop in oil prices as demand for loans slows
03/15/2015
Mashreq Qatar awarded "Best Commercial Bank" by World Finance Magazine
World Finance magazine awarded 'Best Commercial Bank in Qatar 2014' to Mashreq, the leading financial institution in the Middle East and North Africa.
03/15/2015
Mashreq among would-be buyers interested in Citigroup’s Egyptian consumer banking unit
Mashreq has joined the shortlist of potential buyers for Citigroup’s Egyptian consumer banking operations as the UAE’s biggest banks compete for a slice of the fast-growing market.
03/13/2015
Innovation and customer service makes Qatar’s Commercial Bank stand out
Ranking the world’s fourth largest economy, recent figures show the MENA region generated a combined GDP of approximately 3.6 trillion USD.
03/12/2015
Union National Bank wins Four Awards at the 2015 Banker Middle East Product Awards
UNB was the proud recipient of four product awards, Best Home Finance, Best Customer Service - Retail, Best SME Loan, and Best Deposit Scheme at the 2015 Banker Middle East Product Awards.
03/11/2015
National Bank of Fujairah emerges triumphant at the 2015 Banker Middle East Product Awards with five wins
Organised by CPI Financial, the awards are held annually to celebrate product innovation and service excellence in the local banking sector, with winners being selected through public voting.
03/06/2015
UAE banks turn to selfie credit cards and other gimmicks to attract customers
The Islamic lender Al Hilal Bank issued a card that gives off a scent
03/05/2015
Citigroup sells stake in Turkey’s Akbank for $1.2b
Citigroup has sold its nearly 10 per cent stake in Turkey’s Akbank for $1.2 billion
03/05/2015
MMG secures two new FM contracts in Syria
The Syrian branch of the Lebanon-based Maintenance Management Group (MMG) has secured two new contracts for Bank Bemo Saudi Fransi.
03/04/2015
Cedrus expands to retail banking
Cedrus Bank announced Tuesday that it will raise its equity to $60 million after Cedrus Invest Bank completed the acquisition of Standard Chartered Bank in Lebanon.
03/04/2015
Bank of Khartoum to open first Gulf branch in Bahrain
Bank of Khartoum, an Islamic institution which is Sudan's biggest privately owned bank, plans to open a wholesale banking branch in Bahrain.
03/04/2015
SABB Named "Best Trade Finance Bank" By Global Finance Magazine
The recognition from Global Finance magazine comes after an assessment of transaction volumes, scope of global coverage, customer service, competitive pricing and innovation of the leading trade finance providers in the Kingdom.
03/03/2015
Ahli United Bank is Gold Sponsor of an international women entrepreneurship conference
Women starting, growing and running their own business help create job opportunities
03/02/2015
NBAD plans makeover for Egyptian branch network
The chief executive Alex Thursby said on Sunday that he would bolster NBAD’s existing branch network in the North African country with a new look and new products, and this would not necessarily include additional branches.
03/02/2015
Abu Dhabi's NBAD says not interested in Citi's Egypt assets
Thursby was appointed NBAD's CEO in 2013