08/28/2023
QNB Group expands its network with its new Jeddah branch
The branch offers solutions for its retail and corporate clients located in the western region of the Kingdom
Retail Banking
08/25/2023
Alvarez & Marsal UAE Banking Sector Pulse reveals steady performance in Q2 2023
Majority of banks see increase in operating income (+3.2 percent QoQ) on the back of moderate increase in non-interest income (+7.7 percent QoQ) and lower impairment charges
08/24/2023
UAE's four largest banks post profit rise on interest income boost and economic momentum
Aggregate first-half net income of FAB, Emirates NBD, ADCB and Dubai Islamic Bank rose to $7.4 billion
08/24/2023
Six UAE lenders endorse green economy via $51.77bln financing
The lenders are First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Emirates NBD, Dubai Islamic Bank, Mashreq Bank, and Abu Dhabi Islamic Bank
08/17/2023
UAE banks lending to businesses, industries up $7.73bn
National banks increased their credit balance for the said sectors by AED8.2 billion in May 2023, a monthly increase of 1.11%, which was a year-on-year growth of 3.3% or AED23.9 billion, up from AED721.6 billion in May 2022.
08/17/2023
Emirates Development Bank launches supply chain financing for SMEs with Trade Capital Partners
This partnership was facilitated by Hub71
08/16/2023
Bank Nizwa continues to invest in Omani talents
Backed by years of experience and an inherent zeal to achieve the broader goals of the bank
08/16/2023
Ahlibank’s home loan offer starting from 4.5% p.a. interest rate
Integrated with flexible repayment features, the loan promises customers a hassle-free experience, alongside convenient options and smooth processing service
08/15/2023
NBK enables complaint submission via NBK Mobile Banking App
AL Dakheel: Customer satisfaction is fundamental in NBK’s strategy and business practices
08/14/2023
Oman Arab Bank continues its service enhancement program by reopening Nakhal branch
Under the patronage of Said Al Hakmani, Member of the Municipal Council of Nakhal
08/11/2023
GFH reports a 29.5% increase in net profit
Attributable to shareholders for the first half of 2023 totaling $54.62mln
08/11/2023
Bahrain Al Salam Bank's Q2 net profit up 47%
Profit growth driven by core activities
08/10/2023
ADIB achieves strong growth with over £100mln in UK commercial real estate financing in the first half of the year
ADIB has been able to offer selective Islamic structured financing solutions to clients
08/10/2023
Lesha Bank reports QAR 44.7 million profit in the first half of 2023
During the first half of 2023, fee and dividend income reached QAR 37.3 million.
08/09/2023
Bahrain's NBB posts 4% rise in H1 net profit to $108mln
The rise in net profit was driven by higher income from loans and investment securities, the bank said
08/09/2023
Bahrain's NBB posts 4% rise in H1 net profit to $108mln
The rise in net profit was driven by higher income from loans and investment securities, the bank said
08/08/2023
Ajman Bank’s Dhs550m rights issue receives strong response
The rights issue was oversubscribed 7.4 times, with a total demand of Dhs4.1bn
08/08/2023
Gulf International Bank annouces outstanding first half results
With 108% increase in net income attribuatable to shareholders of the bank, exceeding the full year results of 2022
08/07/2023
Ajman Bank AED 550mln rights issue oversubscribed 7.4 times
The initiative attracted many international investment banks and local investors
08/04/2023
Kuwait International Bank launches online corporate banking
It also paves the path for further promising applications to make the customer’s banking experience even more personalised and unique.