07/14/2021
The planned transaction would have been the latest in a series of mergers and acquisitions in the Gulf’s banking industry, prompted by lower oil prices in the past few years, reports say.
07/14/2021
The lender has a budget of $2.93bln this year according to CEO Ibrahim Al-Rashed
07/13/2021
This will be achieved by deepening the skills and competencies of staff across the bank, entrenching a culture of high performance, and embedding new ways of working in the bank.
07/12/2021
Hong Kong is the gateway for the Group's clients to Mainland China and wider Asia. It is a major trade hub accounting for USD 1,077.5 billion in imports and exports
07/12/2021
Moreover, the SCCI's 'Sadr' Fund will also offer the necessary liquidity to exporters and reduce risks in export operations through credit protection
07/12/2021
The prestigious annual award was presented to Ithmaar Bank in recognition of its successful, customer-focused credit card rewards programme, Ithmaar Rewards
07/12/2021
Loans and advances grew 6%
07/09/2021
NBK also both reduced paper use and recycled nearly 100 metric tons of paper, lowering its GHG emissions by 615 metric tons just from those two efforts alone.
07/09/2021
In its second edition, the Arab Digital Banking Excellence Awards aims to recognize those Arab banking and financial institutions that have achieved high effectiveness in providing digital financial services, and have created distinct digital strategies t
07/08/2021
The MoU is part of EDB’s focus to enhance the contribution of SMEs to the country’s GDP
07/07/2021
The award also came in recognition of the bank’s ongoing efforts in the field of innovation and the use of banking technology to enrich the Islamic banking experience and search for new tools that meet the requirements of customers and leverage the
07/06/2021
Two entities signed a memorandum of understanding in September last year to press ahead with the acquisition
07/05/2021
The committee has decided that Banque Misr would benefit from its financing, and will receive EGP 70m to finance machinery and equipment for factories. This includes transport means for the activity, equipment and medical devices for laboratories and hosp
07/01/2021
Standard Chartered was among other banks recently hired to lead energy giant Saudi Aramco's inaugural dollar sukuk issue that raised $6 billion.
07/01/2021
Largest financial institution in the Middle East and Africa
06/30/2021
Adding this new award to Commercial Bank’s recent accolades and success stories, the Bank continues to delight customers and the whole country with creative ways of banking.
06/30/2021
Under the agreement, FAB will offer up to Dh100 million financing to SMEs
06/29/2021
Kuwait's Ahli United Bank rings Nasdaq Dubai bell to celebrate listing of US$ 600 million Sukuk
The successful listing of AUB's Sukuk underlines the close ties between the capital markets in Kuwait and the UAE
06/28/2021
Emirates Development Bank gets into debt finance to fund more UAE businesses
The proceeds would go toward supporting companies in sectors considered a priority for the economy.
06/28/2021
Bank M&A set to surge in Saudi Arabia
The $15 billion merger that created Saudi National Bank is tipped to kick-start a cycle of consolidation in the Kingdom’s banking sector.