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Retail Banking

04/18/2023

Capital Bank of Jordan : Group Amongst Middle East's 50 Largest Banks in 2023 in Terms of Market Value

Capital Bank Group's Chairman Bassem Khalil Al-Salem expressed his pride in Forbes magazine's recent ranking of the group among the 50 largest banks in the Middle East.

04/17/2023

Standard Chartered: Qatar economic growth forecasted to be highest in Gulf

Growth forecasted to be at 4.0% in 2023, down from 4.75% in 2022

04/14/2023

Qatar: Dukhan Bank AGM approves 16% cash dividend for 2022

The bank recorded a net profit of $343mln

04/13/2023

Oman's Al Ahli Bank rejects merger proposal from Bank Dhofar

The lender had received a non-binding offer from Oman's second largest bank

04/12/2023

Commercial International Bank Egypt opens first branch in Kenya

The bank’s expansion into the Kenyan market aims to bolster bilateral relations between the two countries

04/12/2023

Oman’s second-largest bank pursues merger with smaller rival

Stock in Bank Dhofar rose over 3 percent in trading Tuesday on the Muscat Securities Market, to more than 40 cents a share.

04/11/2023

UAB successfully completes issuance of additional Tier 1 capital instruments

UAB has announced the successful issuance of its USD 150 million AT1

04/06/2023

Role of banking sector highlighted in Bahrain

Bahrain Association of Banks (BAB) chairman Adnan Yousif told the association’s general assembly

04/06/2023

FABMISR reports EGP 4.5bln net profit in 2022

Achieving a record performance and solid increase of 129% compared to FY2021

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.

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

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