10/09/2023
Egypt banks set new limits for cash withdrawals, purchases abroad
Some Egyptian banks have set new limits for using their cards abroad to curb abusive practices that drain the country’s foreign currency reserves.
Retail Banking
10/06/2023
Kuwait banks deposit with foreign banks plummet 17.6 pct in 2023
Kuwait central bank actively working to maintain the attractiveness of the dinar
10/04/2023
Al Salam Bank launches women leadership programme ‘Qaedat’
The launch of the programme is in line with the vision of the Supreme Council of Women to empower Bahraini women and support their active participation in various sectors
10/03/2023
NBB Wins ‘Best Bank for ESG in Bahrain’ for Second Year at Euromoney Awards for Excellence 2023
The highly acclaimed award reflects the Bank’s significant achievements towards Environmental, Social and Governance (ESG) practices.
09/29/2023
Fitch affirms Commercial Bank’s rating at ‘A-’ with positive outlook
The rating is driven by a “strong propensity” of support from the Qatari authorities and reflects Qatar’s strong ability to support domestic banks
09/27/2023
Oman bank credit jumps 8.7% to reach RO30bn mark in July
The share of financial corporations was 5.9%, while other sectors received the remaining 3.7% of total private sector credit.
09/26/2023
First Abu Dhabi Bank hires lenders for Tier-2 dollar bonds - document
A Tier-2 bond issue maturing in 10.5 years might follow and would be non-callable for 5.5 years.
09/25/2023
Rain ADGM launches instant AED banking deposits and exclusive OTC desk for institutional clients in the UAE
This further enhances our banking infrastructure and users in the UAE can benefit through a secure and seamless transition from fiat currency to virtual assets.
09/25/2023
Oman Arab Bank announces winners Of 2023 Summer Credit Card Campaign
Five lucky winners will be jetting off on premium holidays after winning the final draw
09/25/2023
NBO named Best Performing Company in the Large Capital category at AIWA Awards
Recognizing its commitment to excellence in all operations
09/22/2023
Swipe2B’s payment solution processes $2bln of B2B supplier payments in the UAE
As the economic hub of the Middle East, the UAE boasts a thriving business ecosystem and Swipe2B has emerged as a catalyst for growth and efficiency
09/22/2023
KIB promotes financial literacy and banking awareness at Ooredoo headquarters
Representatives at the KIB booth also helped them understand the various aspects related to financial affairs and how to manage them in light of the developments in banking services.
09/22/2023
Saudi Awwal Bank receives Corporate Ethics Mark from CIPS
The certificate comes as a recognition after SAB’s staff completed the ethics training and passed an assessment of fraud, corruption, bribery and environmental concerns in procurement and supply chain.
09/21/2023
NBK launches Credit Administration and Credit Operations Certification
In partnership with globally reputable training agencies
09/20/2023
First Iraqi Bank Chairman, Kawa Junaid, honored with Best Entrepreneur of the Year Award
A testament to his outstanding leadership, vision, and unwavering commitment to the banking industry and the economic growth of Iraq
09/19/2023
Top UAE banks’ combined H1 2023 profit hits $7.4bn
The country’s banks continue to stand on firm financial ground and are poised to navigate through the broader macroeconomic landscape
09/18/2023
Banque du Caire launches new security control unit
It will also provide assistance to all the bank’s sectors to achieve the targets or intervene to maintain the quality of the service provided to clients during peak times.
09/18/2023
UDC partners Commercial Bank to to showcase in Mumbai 'premium' Qatar investment opportunities
UDC partnered with Commercial Bank, which provides attractive mortgage loan packages for foreign investors, offering loan tenures of up to 20 years.
09/11/2023
Saudi Awwal Bank signs agreement with Wise
This agreement falls within the framework of SAB’s contribution to achieving the goals of the Financial Sector Development Program, stemming from Saudi Vision 2030.
09/11/2023
Gulf International Bank to participate in Sibos 2023
GIB remains at the forefront of developing innovative solutions that require best-in-class products in cash, payments, and trade finance services