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).
Retail Banking
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 $37.9mln attributable to shareholders
Gulf International Bank announces its year ended 31st December 2021 financial results
02/28/2022
Top UAE banks set to see profitability return to pre-pandemic levels
However, return on assets may not recover for some banks until 2023, says Moody's
02/28/2022
Emirates NBD makes a clean sweep with four top titles at The Asian Banker Regional Awards 2021
Emirates NBD named Best Retail Bank in the Middle East and the UAE for the fifth year in a row
02/25/2022
Qatar First Bank achieves net profit attributable to equity holders of the bank of QR100.37m for the year ended 31st December 2021
With a solid strategic direction under the new leadership, QFB overcame the difficult market conditions followed by the challenges of the outbreak of the COVID-19 pandemic.
02/24/2022
Al Baraka banking group reports net income attributable to equity shareholder of US$ 113mln
For the year ended 31 December 2021
02/24/2022
Saudi lender Arab National Bank profits up 5% to $581m in 2021
Founded in1979, Riyadh based Arab National Bank is one of the ten largest in the Middle East, operating through 156 branches in the kingdom.
02/24/2022
Bahrain's Al Baraka Banking Group's 2021 net income up 69% to $113mln
Net profit growth attributed to lower provisions, tax savings
02/22/2022
Suez Canal Bank registers profits in 2021
The bank’s net profits after taxes rose
02/22/2022
EDB chief Ahmed Al Naqbi wins accolade for banking transformation in UAE
Al Naqbi plays a vital role in promoting the bank’s mandate of supporting the UAE’s economic diversification, says EDB chairman Dr Al Jaber
02/21/2022
Realize your organization’s potential with Bank Muscat Corporate Banking Solutions
Today, Bank Muscat is the largest financial services provider for corporates in the Sultanate.
02/21/2022
Lebanon's banks scale back operations to weather financial crisis
More than 160 branches have closed since the end of 2018 and the number of employees has dropped by about 5,900