12/20/2022
UAE banks’ credit fundamentals strong for 2023
Analysts at Fitch expect impairment charges to “fall further on the supportive macroeconomic backdrop and recovering real estate prices, and capital buffers will remain adequate.”
Retail Banking
12/20/2022
Ahlibank’s “ahliExpress” provides 24/7 digital services
This multi-functional device caters to the demand for express banking services
12/19/2022
Banks roll out offers for QND
Qatar National Bank (QNB) launched exclusive National Day promotion on loans.
12/19/2022
Emirates NBD extends footprint with new Jeddah branch
Located on Tahliah Street in Al-Andalus District, the new site is Emirates NBD’s second branch in Jeddah.
12/16/2022
National Bank of Fujairah welcomes the latest group of Management Training Programme participants
Now in its 11th edition, initiative is in line with Emiratisation aspirations for the banking sector and the National Employment Strategy 2031
12/15/2022
UAE Banks Federation raises awareness on bank fraud through national campaign
Heavy investment by banks on anti-fraud measures says Jamal Saleh, Director General, UBF
12/15/2022
BisB Launches Tejoori Activation at City Centre Bahrain
With the aim of rewarding its customers and creating a unique banking experience
12/14/2022
Saudi retail banks to outperform GCC peers in revenue growth: Boston Consulting
This is higher than the Gulf Cooperation Council countries — the UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar — as a whole, which are forecast to see an 8.8 percent CAGR within the same period to 2026.
12/13/2022
ADIB wins 'Bank of the Year - UAE' award
This recognition comes as ADIB continues to build on its record of innovation and Sharia-compliant products
12/12/2022
NBK Named “Bank of the Year in the Middle East” for 2022
The award demonstrates NBK’s resilient business model and solid financial position
12/12/2022
Commercial Bank clinches ‘Leading Corporate for Investor Relations’ award
The award demonstrates Commercial Bank’s commitment and dedication to provide the best practices in investor relations and serves as a testimony to Commercial Bank’s efforts to provide transparent and high-quality disclosure to all stakeholder
12/12/2022
SABB launches Visa Cashback Credit Card free for life for customers
The new Visa card offers unlimited cashback on foreign transactions at 2%, and local purchases at 1%, while cashback of up to 10% will be for other purchases in selected categories such as restaurants, supermarkets, and fuel.
12/12/2022
Emirates NBD announces strategic changes to management team
Bank’s Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum welcomes bank’s new Group Executive Committee
12/09/2022
CIB nominates Hisham Ezz El Arab as Chairman of Board of Directors
In November, Ezz El Arab quit his post as consultant to the governor of the Central Bank of Egypt to re-join the Commercial International Bank as board member, a non-executive position.
12/09/2022
NBK brings Apple Pay to customers
A safer, more secure and private way to pay on iPhone and Apple Watch
12/09/2022
Bank ABC Group commemorates Bahraini Women's Day 2022 by pledging support to Shamsaha Women's Centre MORE
On the occasion that celebrates women's role in building the nation
12/09/2022
Arab National Bank leverages Confluent to advance collaboration and innovation with fintechs in Saudi Arabia
Using Confluent's solution to unlock the power of its real-time data, the Bank is also introducing innovative new digital services and enhancing its competitiveness in the experience economy
12/08/2022
Commercial Bank concludes 2022 with the “Bank of the Year” award in Qatar from The Banker Magazine
Commercial Bank's focus on innovation and its pioneering role in digital banking
12/06/2022
Hamilton Reserve Bank Dubai Branch Welcomes Saint Kitts and Nevis Prime Minister As the Only Middle East Banking Presence from the Federation
Hamilton Reserve Bank now accepts UAE Dirham AED as a new customer deposit currency in addition to USD, EURO
12/01/2022
QNB concludes Emerging Leaders Program
Upon the successful completion of the program, the candidates receive a Certificate Level Accreditation from NOCN, a market-leading international Awarding Organization.