03/09/2022
Abu Dhabi Commercial Bank denies report of its merger with First Abu Dhabi Bank
ADCB’s denial comes in response to a report published in Al Arabia.net
Retail Banking
03/09/2022
Ten major Saudi banks see profit boom in 2021 amid rebounding growth
The bank results were driven by a fall in net impairment charge for financing, down SR951 million.
03/09/2022
UAE’s First Abu Dhabi Bank and ADCB deny report of potential merger
The banks issued separate filings to the Abu Dhabi Securities Exchange (ADX) denying the report
03/08/2022
Banking sector tops in ‘jobs for Kuwaitis’
Job opportunities for citizens holding diplomas account for 50% of the total jobs created by banks, which is about 8,319 jobs
03/08/2022
CBE says it targets providing banking services, products to all citizens equally
The official noted that Egypt’s financial inclusion rate surged over 100 percent in five years, exceeding 55 percent by the end of 2021.
03/08/2022
QIIB has maintained strong financial position, stable growth
Qatar’s economy has continued to make great leaps in achieving self-sufficiency in most of the production and service sectors
03/07/2022
NBK supports “Let’s Be Aware” Campaign for the second year in a row
As an active participant in the initiatives aiming to raise community awareness
03/04/2022
Mizrahi Bank posts highest ever profit
One of the main factors that contributed to Mizrahi Tefahot's growth in profit and ROI in 2021 was the growth in the bank's credit portfolio, particularly mortgages.
03/03/2022
Qatar banks' total assets surge 8.6% y-o-y
Looking at segment details, the government segment (represents nearly 34% of public sector deposits) fell by 6.4% m-o-m (+35.2% in 2021).
03/03/2022
Abu Dhabi Golden Visa holders to receive host of “exclusive, extensive commercial benefits”
Golden Visa holders will benefit from discounts and offers in automotive, real estate, healthcare, hospitality, health insurance and banking, including price slashes on car models, reduced premiums of health insurance plans, and offers on dining, stay, an
03/02/2022
Abu Dhabi's FAB optimistic about growth in 2022 amid higher oil prices
Bank remains open to new opportunities to expand its operations, senior executive says
03/02/2022
Dukhan Bank adds Multi Currency Mastercard Prepaid Card to its portfolio
Powered by smart technology, the Multi Currency card switches according to the destination of use
03/01/2022
First Abu Dhabi Bank to distribute $2.1bn dividends for 2021
All items on the agenda were discussed and approved, including the amendment to the bank’s Articles of Association to increase the share capital to AED11.05 billion through the issuance of 127.61 million new shares, subject to regulatory approvals.
02/28/2022
Saudi National Bank looks for new position in Europe, Asia
According to the people’s statement, who asked to stay unidentified for information privacy, the country’s executives largest bank have been observing possible locations and are going to give the framework of a new policy to the board in the u
02/28/2022
Mastercard recognises Commercial Bank’s outstanding performance for ultra high net worth customers
The MasterCard World Elite awards are a testament that our exclusive offerings appeal to our Limited-Edition customers and indubitably enhance their banking experience, thanks to its state-of-the-art look and feel and worldwide luxurious privileges.
02/28/2022
Commercial Bank wins best ‘Serving Business Owners’ award by Euromoney
In 2021, Commercial Bank was recognized by major international awarding bodies and received many awards highlighting the Bank’s immense efforts in innovation, digital banking, leadership, social media, cash management, and transaction banking.
02/28/2022
Burgan Bank launches "Power of 25" campaign exclusively for customers
In celebration of Kuwait's National Day
02/28/2022
GIB reports net profit of $37.9mln attributable to shareholders
Gulf International Bank announces its year ended 31st December 2021 financial results
02/28/2022
Top UAE banks set to see profitability return to pre-pandemic levels
However, return on assets may not recover for some banks until 2023, says Moody's
02/28/2022
Emirates NBD makes a clean sweep with four top titles at The Asian Banker Regional Awards 2021
Emirates NBD named Best Retail Bank in the Middle East and the UAE for the fifth year in a row