Saudi Arabia bans financial services to North Korea
The Saudi Arabia Monetary Authority has prohibited commercial banks, foreign exchange offices, finance companies and financing intermediaries in the Kingdom…
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Jersey Finance GCC Roadshow 2017 – Dubai
Entitled ‘New Perspectives’, the 2017 Jersey Finance Annual GCC Roadshow will take place on Wednesday 3 May at Jumeirah Emirates…
ABK reports first quarter Net Profit of KD 8.5 Million
Highlighting its positive performance in the first quarter of 2017, Al Ahli Bank of Kuwait today announced a net profit…
Standard Chartered Bank partners with Transguard for smart cash transaction
Standard Chartered Bank has signed a partnership agreement with leading UAE-based business support provider Transguard Group, which will enable the…
Emirates NBD sees good days ahead for retail banking
Facing macroeconomic headwinds, retail banking business in the UAE has been facing anaemic asset growth, margin pressures and lingering loan…
Al Baraka Bank Algeria raises its capital
Following the approval of the Monetary and Loan Board, Al Baraka Bank Algeria ) a subsidiary banking unit of Al…
CIB Egypt launches new Mobile Banking app
Commercial International Bank (CIB) Egypt announced the official launch of its Mobile Banking application, packed with the latest features that…
Potential RBS, HSBC Saudi Merger May Lead to More Deals: Q&A
A combination of the Saudi Arabian ventures of HSBC Holdings Plc and Royal Bank of Scotland Group Plc will break…
Emirates NBD Asset Management announces senior management promotions
Emirates NBD Asset Management has announced the appointment of Salman Bajwa to the position of Senior Executive Officer. He…
Qatari royals said to mull sale of Luxembourg private bank
The Qatari owners of Banque Internationale a Luxembourg are considering a sale of their controlling stake in the private bank,…
Saudis pick Dublin for record Islamic Finance bond deal
Saudi Arabia listed its biggest ever sharia-compliant bond, known as a sukuk, on the Irish Stock Exchange yesterday, cementing Dublin's…