NBK- Egypt launches smart membership card for Heliopolis sporting club
As part of the strategic partnership and close cooperation between National Bank of Kuwait - Egypt and Heliopolis Sporting Club,…
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Kuwait and Saudi Arabia take 2020-2021 world branding awards by storm
The prestigious World Branding Awards, the ultimate global brand recognition accolade – now in its 12th edition, saw over 400…
Aurelien Vincent and Chadi Moujaes partners at Strategy&
Strategy& has appointed two new partners in the Middle East, consolidating its position as the region’s largest strategic consulting partnership. …
Endeavor selects EY to support scale-up programme in Jordan
Having beaten out 13 professional services firms in a competitive bidding process, EY is set to deliver consulting, training and…
Moody’s upgrades Beema rating to 'A3' with sable outlook
International credit rating agency Moody’s Thursday upgraded Damaan Islamic Insurance Company's (Beema) insurance financial strength rating (IFSR) to 'A3' from…
KFH – Bahrain launches mortgage-backed securities
Kuwait Finance House has announced the launch of the first-of-its-kind Shari’a compliant mortgage-backed securities. The launch involves the issuance…
NBB provides free fire insurance to homebuyers
The National Bank of Bahrain has announced a new added feature to homebuyers whereby the Bank will be providing its…
Saudi sovereign fund signs $15bn loan with 17 international banks
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, announced yesterday that it had agreed to a $15 billion multi-currency…
Summit discusses development of ‘Open Banking’ in Middle East
The 10th Annual Middle East Banking Innovation Summit held in Dubai explored the latest advancements in financial technology and banking…
UAE lender CBI seeks shareholder vote to boost capital
United Arab Emirates lender Commercial Bank International, which is partly owned by Qatar's National Bank, is seeking to increase its…
New digital authority aims to enhance automation, reduce duplication
The Saudi Cabinet on Wednesday approved a decision to set up the Digital Government Authority, which will lead to the…
Saudi banks to lead the sector’s post-pandemic recovery
The profitability of Saudi banks will surpass those of its GCC peers in 2021, despite low interest rates and the…