11/13/2018
QIB adjudged Qatar’s ‘Best Consumer Digital Bank’ by Global Finance magazine
Winners were chosen among entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing.
Retail Banking
11/12/2018
Emirates NBD recognized as The Innovator in the Middle East by Global Finance
Bank wins awards across digital banking and innovation categories
11/12/2018
Commercial Bank strategy, key successes, growth plans highlighted at Istanbul event
Abraham reiterated Commercial Bank’s five-year strategic plan with the vision to be the ‘Best Bank in Qatar’, recognised for its Five Cs: corporate earnings quality, client experience, creativity and innovation, culture, and compliance.
11/09/2018
Gulf Bank, Kuwait, launches new website with Khayal Consultants
The website is optimised for mobile phones and touch screen devices and is fully responsive to provide the best user experience.
11/07/2018
Bank ABC reports 5pc growth in net profit
The bank’s profit before taxation was $178 million
11/06/2018
Doha Bank wins ‘Golden Peacock Global Award’
The award was presented by Baroness Verma, the UK’s former Minister of Energy, Climate Change and International Development.
11/06/2018
Dubai bank Emirates NBD launches API sandbox for fintechs
The platform consists of over 200 APIs and 900 end points covering retail, corporate and SMEs
11/05/2018
KFH launches KFH Xpress for instant cross-border money transfer
KFH continuing efforts to offer superior customer service while adopting digitization and the latest financial technology.
11/05/2018
Noor Bank to accelerate digital transformation with the power of Microsoft Dynamics 365
Bank to boost customer engagement by empowering sales, marketing and service employees with rich visualizations of prospects, leads and scheduled tasks
11/05/2018
First Abu Dhabi Bank receives award for Best Bank for Liquidity Management Middle East
The awards recognise leading financial institutions which provide global treasury clients with advanced data analysis
11/05/2018
Emirates NBD Egypt PMI
Output price inflation eases to ten-month low
11/05/2018
Alkhabeer Capital to list SR1bn REIT fund
The target returns of over nine percent per annum, distributed quarterly, are among the highest in comparison with other real estate investment traded funds listed on the Saudi stock exchange (Tadawul).
11/02/2018
HSBC sees doubling of commercial bank’s MENA profit by 2023
The commercial bank, which includes trade finance, cash management and capital financing, reported profit of $199m in MENA in 2017
11/02/2018
United Arab Bank announces financial results for Q3 2018
Income generated from core businesses showing an uplift of 2% over Q3 2017.
11/01/2018
Abu Dhabi said to be in talks to create two banks in three-way merger
Abu Dhabi plans to set up a holding company to manage the new entities, which would operate under separate banking licences, accoding to sources
10/31/2018
RAKBANK to tie-up with three new fintech firms
Banks, have to work with fintech firms rather then consider them competition.
10/31/2018
Citi establishes new branch office in ADGM
This was announced during the visit of Mike Corbat, chief executive officer of Citigroup, to Abu Dhabi at an exclusive event at the ADGM Authorities Building hosted by Ahmed Ali Al-Sayegh, minister of state and chairman of ADGM.
10/30/2018
Emirates NBD announces third quarter 2018 results
Net Profit up 24% y-o-y on higher net interest income and lower provisions
10/30/2018
Burgan Bank announces another strong quarter
The balance between domestic and international operations and focus on enhancing operating income streams has proven successful.
10/30/2018
Bank Nizwa net profit surges 97 per cent in third quarter
Bank Nizwa announced its 2018 third quarter financial results registering yet another strong performance