10/23/2014
Kuwait Investment Authority, the sovereign wealth fund which started as a Bank of England account dedicated to receiving oil money, will sell stakes in three local companies worth 1.56 billion dinars
10/20/2014
Burgan Bank , Kuwait's third-largest lender by assets, will launch a 21.6 million dinars rights issue by the end of 2014 pending regulatory approvals, it said in a bourse filing on Sunday.
10/20/2014
BBK has announced the launch of its new and improved mortgage loan product for the benefit of Non-Resident Indians through its branches in India.
10/20/2014
The value of checks bounced came down to SR3.8 billion in 2012 from a high of SR15 billion in 2009.
10/15/2014
Egypt is an important market for Citi which will continue to serve clients of its institutional businesses
10/15/2014
NBK was the only bank from Kuwait to win an award at the event
10/05/2014
The Islamic lender, which has more than a million deposit-holding customers and 282 branches, is caught in a power struggle between President Tayyip Erdogan and Fethullah Gulen, an Islamic cleric whose sympathizers founded the bank.
10/02/2014
The request from Chinese authorities is pending before Qatar. Qatar is keen to open Islamic banks in China as well. More than one Qatar-based Islamic banks have expressed their interests in opening their branches in China.
10/01/2014
Doha Bank has announced the inauguration of its first electronic branch in Dubai.
09/25/2014
We are continuously looking to help our new customers settle in quickly and make Qatar feel like their home
09/23/2014
The majority of local UAE banks have reported double-digit profit growth rates for the first half of 2014
09/22/2014
Saudi Arabia's National Commercial Bank IPO-NACO.SE will begin its much-anticipated initial share sale later this month
09/21/2014
Citi to expand in select business areas in the UAE
Global lender Citigroup said it continues to be an active player in the consumer banking and institutional business in the UAE, although it has announced exit from retail business in a number of markets across Europe, Middle East and Africa region.
09/19/2014
Mashreq eyes Turkey acquisitions in major push
A number of local banks had been held up as potential buyers of UAE operations that sources said Standard Chartered was aiming to sell after it agreed to close some accounts there in an anti-money laundering settlement with authorities in the US.
09/19/2014
Emirates NBD named ‘Bank of the Year’at Gulf Business Industry Awards 2014
The third annual Gulf Business Industry Awards were presented at a distinguished ceremony held yesterday,
09/16/2014
The new product allows customers to choose their own design, card programme and loyalty scheme.
09/15/2014
New arrivals without a bank account cannot deposit a salary, acquire a credit card, take out a loan, rent an apartment, get a car, or even use an ATM for free.
09/11/2014
The watchdog approved the establishment of the lender, which will have the Dutch group as the controlling shareholder, in August 2013.
09/11/2014
The Samayil branch marks the eighth opening in less than 24 months
09/10/2014
The renovations offer a more modern and aesthetically appealing environment, supporting the Bank's focus on delivering a superior and consistent customer experience at all times, through all channels.