Ithmaar Inaugurates New Atm
Ithmaar Bank, a Bahrain-based Islamic retail bank, has inaugurated a new drive-through Automated Teller Machine (ATM) at the Isa Town…
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BDO ties up with UAE bank for money transfer business
MANILA, Philippines–BDO Unibank is now a partner of UAE’s leading bank Emirates NBD for the latter’s money transfer service called…
GIB launches region's first online-only bank
Bahrain-based Gulf International Bank has launched the Middle East's first online-only consumer banking business in Saudi Arabia, seeking to diversify…
Sport-Middle East and Asia boost investment in top level sports
Repucom’s new ‘emerging Giants’ report is now available. Defining the trend which sees increasing investment from the Middle East into…
Bahrain offers direct subscription to govt sukuks
Bahrain Bourse (BHB) has announced that from today (January 11) investors can directly subscribe to the Government Islamic Lease Securities…
Saudi Fransi Capital Plans Dubai Office as Market Opens
Saudi Fransi Capital, the investment banking arm of Banque Saudi Fransi (BSFR), plans to open an office in Dubai before…
Egypt to offer 42 projects to investment banks to launch during Economic Summit
The government has planned approximately 40 investment projects at local investment banks to be offered during the Economic Summit scheduled…
Saudi's Riyad Bank Q4 net profit up 2.9 pct, beats forecasts
Riyad Bank, Saudi Arabia's third-largest lender by assets, posted a 2.9 percent rise in its fourth-quarter net profit on Sunday,…
NBAD Appoints Global Head of Merchant Banking
The National Bank of Abu Dhabi (NBAD) has appointed Omar Mehanna as Managing Director and Global Head of Merchant Banking.…
QIB call centre wins ‘Best Customer Experience’ award
Qatar Islamic Bank’s (QIB) call centre has received the “Best Customer Experience” award from Ethos Integrated Solutions in a ceremony…
Al Khaliji appoints al-Asaad new acting head of personal banking
Al Khalij Commercial Bank (Al Khaliji) has appointed Rana Ahmad al-Asaad as acting head of personal banking, the bank said…
Bank AlBilad unveils plan to increase share capital
The board of directors of Bank AlBilad recommended on 8 January that the bank’s share capital be increased by 25…