11/03/2020
Emirates NBD makes bid for sale of Blom Egypt
The Bahraini Arab Banking Corporation is competing for the acquisition of Blom Egypt and is conducting due diligence work on the deal, which is expected to end in mid-November.
11/03/2020
The initiative, "b2match business matchmaking platform", aims to connect US companies with Qatar’s small and medium-sized enterprises (SMEs) and large corporations, and to explore business opportunities between both parties.
11/03/2020
Lenders should leverage the use of technology to understand customers’ needs and create a personalised journey for them, says IT firm Comarch
11/02/2020
FAB fully digitises account opening process for UAE SMEs
Portal developed in collaboration with Ministry of Possibilities and TRAPortal developed in collaboration with Ministry of Possibilities and TRA
11/02/2020
Dubai Islamic Bank completes Noor Bank integration in 283 days, well ahead of target date
Final phase saw transfer of banking relationships, with combined entity assets at Dh300b
11/01/2020
First Abu Dhabi Bank to resume exclusive talks to buy Bank Audi Egypt
He added that the two banks had discussions early in the year and made progress on many points.
11/01/2020
0% interest rate for new QNB credit card customers
This unique feature will be greatly beneficial to new credit card customers.
11/01/2020
This emphasise the bank’s commitment to provide integrated operational and support processes that ensure management commitment, effective monitoring and continuous process improvement,” Group CEO Dr. R. Seetharaman said.
10/30/2020
Emirates NBD builds cloud platform for Digital Transformation with Red Hat
To increase the speed and flexibility of IT delivery while controlling costs, it began an ambitious multimillion-dollar initiative to transform its end-to-end technology infrastructure and practices.
10/30/2020
"SAMA" report indicates that 97% of newly signed mortgage loans were concluded through banks, while 3% of them through financing companies
10/30/2020
It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year
10/29/2020
It reported 148 million dirhams in impairment charges related to troubled NMC Health, Finablr and associated firms.
10/29/2020
The bank’s operating expenses dipped by 15 per cent
10/29/2020
The Bank held an e-quiz related to Breast Cancer Awareness and gave away gift vouchers.
10/28/2020
The agreement with Tokyo-based JCB gives the national Saudi Vision 2030
10/28/2020
Following a resilient first, the bank delivered solid results in the third quarter of 2020
10/28/2020
Operating income increased by 20.8% in the third quarter to BD33.7 million ($89.4 million) compared with BD27.9 million ($74 million) in the prior year period.
10/27/2020
The Egyptian Financial Regulatory Authority (FRA) approved in September the purchase offer submitted by AUB Bahrain and Misr Strategia Investment (MSI) to acquire AUB Egypt.
10/27/2020
UAE's biggest bank FAB posts 19% drop in Q3 net profit
Third-quarter net profit was $682mln
10/27/2020
The results also reflect the deterioration in the macroeconomic environment in the region and globally, the statement added, in addition to lower revenues because of the impact of the COVID-19 outbreak, lower market interest rates and weakening oil price