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Retail Banking

07/19/2023

Oman Arab Bank appointed as lead arranger in $1.2bln syndicated loan for OQ Gas network

To date, Oman Arab Bank, as a Group, along with its strategic partner Arab Bank PLC and its sharia compliant 100% subsidiary Alizz Islamic Bank, has spearheaded the financing of several notable mega-scale projects

07/18/2023

KIB offers its customers tips for a safe banking experience during the travel and holiday season

Al-Suwaidan added that cardholders must learn their passwords by heart instead of writing them down and should not share them with anyone.

07/14/2023

NBK maintains leadership position in attracting top Kuwaiti talent

Bank upholds highest Kuwaitization rates

07/13/2023

Bank Muscat opens a new Asalah Centre in its branch in Izki

Asalah Visa Signature credit cardholders can enjoy airport lounge access at more than 1,000 lounges worldwide, up to 12 times a year, and a 24/7 global concierge service.

07/13/2023

Emirates NBD leads MENA’s banks in offering fractional bonds

The DFM-listed lender became among the first banks in the MENA region to provide such a service

07/13/2023

Abu Dhabi Islamic Bank raises $750m from sukuk issuance

The tier-one Sharia-compliant issuance was nine times oversubscribed

07/13/2023

Bank ABC in Jordan Supports the National Forum for Awareness and Development

This training program aims to promote awareness in communities by empowering young volunteers, enhancing their sense of responsibility and training them to take part in raising awareness of this serious scourge in all sectors of society.

07/12/2023

SAB now an official signatory to Principles for Responsible Banking

“Together, we can create a more sustainable future for the next generations.”

07/11/2023

Gulf's biggest bank by assets Qatar National Bank H1 net profit up 8%

The profit rise was driven by credit growth and customer deposits, QNB said

07/11/2023

QNB Group’s H1 2023 net profit jumps 8% to $2.1bn

The bank’s operating income jumped 14 per cent year-on-year to QAR18.5bn compared to the same period a year earlier

07/10/2023

Saudi business sector boom spurs growth in bank credit

SAMA’s recent monthly report revealed that the segment also recorded a 21 percent increase in bank credit compared to SR4.11 billion in April.

07/10/2023

Nomo Bank signs strategic partnership with Blueprint

Partnership to offer best property finance solutions for customers in Kuwait, region

07/10/2023

Top Egypt bank gets $250 million in loans with eye on green work

The bank signed a 7-year $100 million loan to finance sustainable projects

07/10/2023

KIB offers exclusive services to Visa Infinite credit cardholders

As part of its “Peace of Mind with Black Concierge” campaign

07/10/2023

ADCB rebrands Wholesale Banking to Corporate & Investment Banking

Reflecting its enhanced suite of banking and capital markets solutions

07/07/2023

Turkish neobank Papara becomes latest unicorn following acquisition of Spain’s Rebellion

Papara has purchased Rebellion from Beka Finance, the Spanish financial services company, as it looks to gain a foothold in the digitally thriving Spanish market.

07/05/2023

Central Bank of Oman issues treasury bills worth $90.9m

The tranche worth 20 million rials had a maturity of 28 days, and per 100 rials the average and minimum accepted price reached 99.665 rials.

07/04/2023

National Bank of Egypt reports over 14mln withdrawals worth $1.14bln through ATMs in 14 days

The National Bank of Egypt also provided mobile ATMs in some coastal cities, including the North Coast, Alexandria, Ras Sidr, Matrouh, Mousa Coast, and Ain Sokhna

06/30/2023

UAE banks' funding to commercial, industrial sectors up 5.6pc

The central bank said by the end of April, the Abu Dhabi banks had provided AED365.6 billion in credit to these sectors, banks in Dubai AED351.3 billion, and those in the other emirates AED102 billion.

06/30/2023

National Bank of Bahrain wins top award from JP Morgan

Since 1997, JP Morgan has been presenting awards in recognition of outstanding efforts in best Straight-Through Processing.

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