11/29/2015
Meethaq launches Hafawa Priority Banking service across Oman in eight branches
Meethaq has launched Hafawa Priority Banking service for high saving Meethaq customers.
Retail Banking
11/27/2015
Barwa Bank announces 2nd round of Thara’a winners
Thara’a offers account holders the chance to benefit from cash rewards up to QR1mn
11/24/2015
First Gulf Bank cuts close to 100 jobs: report
First Gulf Bank released a number of staff as a result of efficiency measures that have streamlined and reduced roles across the operation
11/23/2015
Doha Bank plans to double India exposure, to open new branches
The bank got a licence last year and inaugurated its first branch in Mumbai
11/23/2015
StanChart Oman to discontinue retail banking products, services
StanChart Oman to discontinue retail banking products, services
11/19/2015
Walk, run more to earn more: UAE bank tells customers
Emirates NBD customers who walk more will be rewarded with higher interest rate on their balance
11/18/2015
Hussain Al Qemzi, CEO, Noor Bank wins two industry awards at 7th WIRBC
Hussain Al Qemzi, CEO, Noor Bank, has received two industry awards at the ‘Islamic Retail Banking Awards 2015’, as a part of this year’s 7th World Islamic Retail Banking Conference (WIRBC) held in Dubai.
11/17/2015
Kuwait's Burgan Bank tenders to buy back $400 mln bond due 2020 - lead
Any notes not tendered by the offer completion date will be redeemed by the bank under a clause in the documentation which allows them to buy back the issue.
11/12/2015
NBAD celebrates 40 years of success in Egypt
National Bank of Abu Dhabi on 11 November 2015 celebrated its 40th anniversary in the Egyptian market.
11/11/2015
State Bank of India join hands with Emirates bank for easier remittances
The tie-up with SBI will help strengthen Emirates NBD's DirectRemit platform which is set to benefit a large additional customer base in the UAE.
11/10/2015
Bank Muscat and INSEAD join forces for best practices in banking sector
Bank Muscat in partnership with INSEAD recently conducted INSEAD’s customised strategic management programme entitled ‘Strategy for Growth and Long-term Value Creation’ attended by members of the Board of Directors led by Shaikh Khalid
11/08/2015
UNB-Egypt aims to acquire 5% of Egyptian banking market in 10 years: Vice Chairman
UNB entered the Egyptian market aiming to realise a qualitative leap and to contribute effectively in the development of the banking sector
11/08/2015
Meezan Bank acquires operations of HSBC Oman
In 2002, Meezan Bank started commercial banking business with the acquisition of Societe Generale Pakistan
11/04/2015
RAKBANK Partners with Dubai Properties
Bank Offers Financing Options for Off-Plan and Completed Properties
11/02/2015
, Temasek sale of Abu Dhabi finance firm said to stall
Some interested parties have withdrawn from the sale process
10/30/2015
Islamic Finance House opens new branch in Dubai
Our aim is to encourage and promote an equally fostering environment
10/27/2015
Emirates NBD Egypt wins prestigious Best Cash Management and Trade Finance Bank Award in Egypt
The Award Recognizes Emirates NBD Egypt as a national leader in providing cash management and trade finance services
10/18/2015
Bank Sohar joins trade team to tap investment in Turkey
Bank Sohar recently joined an exclusive business delegation to Turkey with the aim of strengthening trade and business ties between Oman and Turkey.
10/11/2015
QNB in fray for NBG’s Finansbank stake — sources
Unnamed Chinese group also reported to have expressed interest
10/08/2015
Bank Muscat Seeking UAE Banking License
The Central Bank of the UAE approval is also required to establish the branch and we will inform the market when all approvals are in place