04/05/2023
QNB, CIB issues high-yield saving certificates
Qatar National Bank (QNB) and Commercial International Bank have issued new certificates of deposit (CDs), following the lead of two major banks in Egypt.
Retail Banking
04/05/2023
SABB rebrands as Saudi Awwal Bank after merger with Alawwal
The bank will operate as ‘Saudi Awwal Bank’ after obtaining the necessary regulatory and shareholders’ approvals
04/04/2023
Egypt: NBE, Banque Misr issue 3-year certificates of deposit
The fixed CD holds an annual return of 19%
03/28/2023
HSBC partners with AMIDEAST
To prepare the next generation of Kuwaiti business leaders at Kuwait Technical College
03/27/2023
NBO partners with buna to facilitate seamless cross-border payments
This move reflects the Bank's efforts to meet the needs of its customers and make every experience simpler and more seamless.
03/22/2023
Saudi National Bank says profitability unaffected by Credit Suisse investment
SNB’s investment in Swiss lender is less than 0.5% of its total assets and 1.7% of its investments portfolio as of December 2022
03/22/2023
Al Ahli Bank of Kuwait sponsors Amiri Hospital’s second health campaign
Various public health checks and pavilions introducing healthy nutrition, physiotherapy, and awareness lectures
03/21/2023
HSBC introduces payment validation service to reduce transaction delays
The lender is the first bank globally to add real-time account verification for UAE customers
03/20/2023
Burgan Bank resumes its sponsorship of Dar Al-Athar Al-Islamiyyah’s 27th Cultural Season
As part of its ongoing efforts towards raising the bar of community welfare and enhancing the cultural experience in Kuwait
03/20/2023
Lesha Bank recognized as 'Best Asset Manager' in Qatar at the EMEA Finance Middle East Banking Awards
In recognition of managing strong and diverse portfolio of real estate and private equity assets
03/17/2023
National Bank of Fujairah approves dividend for 2022
The shareholders confirmed the appointment and remuneration of the bank’s external auditors, PricewaterhouseCoopers for 2023
03/15/2023
Bank Nizwa leads the way in sustainable banking at Oman Sustainability Week 2023
Bank Nizwa participating in the upcoming Oman Sustainability Week 2023 as the Islamic Banking Partner
03/14/2023
QNB announces strategic sponsorship of SME Excellence awards
The Bank provides business owners with the best day-to-day banking solutions required to operate and expand their business.
03/09/2023
HSBC voted Kuwait’s best bank for trade finance in Euromoney poll
HSBC was also voted best bank for trade finance across the Middle East
03/08/2023
New opportunities for savings
Experts say that the Central Bank of Egypt is likely to introduce a new high-yield savings certificate soon
03/08/2023
QDB unveils first of its kind co-investment product for start-ups; pitches QR3.65mn per deal
More than 870 start-ups and small and medium enterprises have benefited from QDB’s products
03/07/2023
Khaled AlHammadi to lead Commercial Bank of Dubai's retail banking program as General Manager of Personal Banking Group
AlHammadi to lead retail banking program and drive innovation and customer-centricity
03/07/2023
SABB and Saudia offer special rewards for Alfursan program members
With SABB Alfursan Mastercard credit card
03/02/2023
American Express Saudi Arabia expands ATM network with Bank AlJazira
By allowing access to ATM withdrawal transactions to be processed with more convenience, the company seeks to strengthen its presence within the Kingdom and diversify value offerings to its Cardmembers.
03/01/2023
FAB to distribute $1.5bln cash dividends after record net profit
Payout for 2022, approved by shareholders at recent meeting, is up 7% from 2021