Saudi banks grow despite economic threat
In spite a slowdown in world economy, the performance of Saudi banks remained sound in 2014. Fitch Ratings says…
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CBD's 2014 profits jump 19%
Commercial Bank of Dubai’s (CBD) net profit increased for the sixth consecutive year in 2014, rising 19 per cent to…
Citi Bahrain launches rewards programme
Citi Bahrain has launched a rewards programme giving its local credit card customers access to merchandise from across the globe.…
Commercial Bank of Dubai’s 2014 profit rises 19% to Dh1.2b
Dubai lender’s personal banking loan portfolio grew 35% to Dh4.5b while customer deposits went up 3.9% to Dh32.2b. Commercial…
How to spot a hacked ATM
Dubai UAE banks are urging customers to exercise extreme caution while handling plastic money following cases of debit card fraud.…
FGB 2014 net profit at AED 5.66 billion, up 18 per cent from 2013
FGB, one of the leading Banks in the UAE and the largest by market capitalisation continued to achieve record results…
New portal promises faster cash flow for UAE retailers
UAE e-commerce set to double to Dh18 billion in 4 years. A new income generating source for UAE retailers…
HSBC says its SME lending focuses on making a difference
Throughout its 150-year history HSBC has been where the growth is, connecting customers to opportunities. As the first bank…
Bahraini bank BBK plans bond issue to refinance maturing $500 mln debt
BBK, formerly known as Bank of Bahrain and Kuwait, is planning its first debt issue since 2010 to refinance an…
CISI Signs MOU with Kuwait Capital Markets Authority to Introduce Certification Standards
The Chartered Institute for Securities & Investment (CISI) has signed a Memorandum of Understanding (MoU) with the Kuwait Capital Markets…
New ATM experience promised by partnership deal between Emirates NBD and NCR
Emirates NBD Group has become the first in the Middle East region to successfully introduce NCR’s Consumer Experience Banking (CxBanking)…
Qatar wins battle to take over Canary Wharf
Canary Wharf is to be bought by Qatar’s sovereign wealth fund and Canadian investor Brookfield Properties for £2.6bn, after Songbird,…