05/24/2024
Saudi EXIM Bank signs 2 agreements with Japan’s SMBC and MUFG banks
The agreements aimed to foster cooperation and create co-financing opportunities to promote non-oil exports in target markets
Retail Banking
05/24/2024
Goldman Sachs becomes ‘first Wall Street bank’ to comply with Saudi regional HQ rules - report
Bloomberg said the bank recently received a licence to set up a Middle Eastern headquarters from the kingdom’s Ministry of Investment
05/24/2024
KFH wins “Kuwait’s Best Bank” award from Euromoney
The awards are Kuwait’s Best Bank, Kuwait’s Best Digital Bank – tam digital bank, Kuwait’s Best Bank for ESG, and Kuwait’s Best Islamic Bank.
05/23/2024
Kuwait’s Burgan Bank signs core banking deal with TCS BaNCS
This agreement marks a significant leap in Burgan Bank’s expansive technology and digital transformation strategy, which aims to facilitate a smooth transition from traditional to digital banking.
05/22/2024
Commercial Bank, Kotak International unlock investment opportunities in India
Its pioneering position has opened a myriad of investment avenues across diverse sectors, giving individuals an opportunity to take part in India’s success story.
05/22/2024
United Arab Bank partners with Network International for omnichannel payment solutions
This strategic collaboration represents a significant milestone for our wholesale banking product offering.
05/17/2024
NBK warns against transferring money to unknown parties
As part of promoting the “Let’s Be Aware” banking awareness campaign
05/17/2024
Saudi Awwal Bank opens new branch in SAB Tower
The bank continues to enhance its efforts toward developing retail and corporate banking services, aiming to provide a comprehensive range of financial and banking solutions that meet the diverse needs of its clients.
05/16/2024
Infosys & First Abu Dhabi Bank to modernize its banking infrastructure services
Infosys will help integrate a suite of enterprise tools to drive significant improvements in FAB’s service quality, risk reduction, and business outcomes.
05/14/2024
UAE residents start getting loan deferments on their April 16 rain damage claims
Banks start to defer payments by up to 6 months on personal, auto loans
05/10/2024
NBK opens registration in NBK aspire Summer internship program for 2024
As part of delivering its social responsibility towards the young generation
05/10/2024
Khaleeji Bank reports BD 3.008mln net profit attributable to shareholders in Q1 of 2024
The bank reported a decrease in total income by 1.68%, reaching BD 12.902 million at the end of the first quarter of this year, compared to BD 13.122 million in the first quarter of last year
05/09/2024
Commercial Bank of Dubai Names QualityKiosk as Exclusive Partner to Develop CBD’s Testing Centre of Excellence as part of its Technology Strategy Refresh Initiative
QK created the Dubai financier’s first quality and reliability TCoE
05/07/2024
Standard Chartered first in the UAE to offer retail clients access to locally domiciled funds within DIFC
Standard Chartered has partnered with leading international companies to provide best-in-class products to its retail clients
05/03/2024
Doha Bank launches Himyan Debit Card to support QCB’s initiative
The Himyan Debit card can also be used to withdraw funds from ATMs across Qatar.
05/02/2024
Gulf Bank introduces HR hub: Advancing employee experience in the digital era
To keep up with the digital transformation that has encompassed all services within and outside the bank
05/02/2024
NBK’s Executive Management honors digital communications team for their efforts in the “Let’s Be Aware” campaign
After naming it first in promoting the campaign in 2023 by Central Bank of Kuwait
04/29/2024
United Arab Bank posts 25% rise in Q1 net profit
Total income was higher by 33 per cent at Dh163 million during the period
04/29/2024
Arab Bank Group Q1 profit income rises to $253m
It also boasts a strong capital base with a total equity of $11.3 billion.
04/26/2024
ADCB logs 26% net profit growth in Q1 2024
ADCB has continued growth momentum into 2024, delivering a first-quarter net profit before tax of AED2.431 billion, an increase of 26 percent year-on-year