04/17/2023
Standard Chartered: Qatar economic growth forecasted to be highest in Gulf
Growth forecasted to be at 4.0% in 2023, down from 4.75% in 2022
Retail Banking
04/14/2023
Qatar: Dukhan Bank AGM approves 16% cash dividend for 2022
The bank recorded a net profit of $343mln
04/13/2023
Oman's Al Ahli Bank rejects merger proposal from Bank Dhofar
The lender had received a non-binding offer from Oman's second largest bank
04/12/2023
Commercial International Bank Egypt opens first branch in Kenya
The bank’s expansion into the Kenyan market aims to bolster bilateral relations between the two countries
04/12/2023
Oman’s second-largest bank pursues merger with smaller rival
Stock in Bank Dhofar rose over 3 percent in trading Tuesday on the Muscat Securities Market, to more than 40 cents a share.
04/11/2023
UAB successfully completes issuance of additional Tier 1 capital instruments
UAB has announced the successful issuance of its USD 150 million AT1
04/06/2023
Role of banking sector highlighted in Bahrain
Bahrain Association of Banks (BAB) chairman Adnan Yousif told the association’s general assembly
04/06/2023
FABMISR reports EGP 4.5bln net profit in 2022
Achieving a record performance and solid increase of 129% compared to FY2021
04/05/2023
QNB, CIB issues high-yield saving certificates
Qatar National Bank (QNB) and Commercial International Bank have issued new certificates of deposit (CDs), following the lead of two major banks in Egypt.
04/05/2023
SABB rebrands as Saudi Awwal Bank after merger with Alawwal
The bank will operate as ‘Saudi Awwal Bank’ after obtaining the necessary regulatory and shareholders’ approvals
04/04/2023
Egypt: NBE, Banque Misr issue 3-year certificates of deposit
The fixed CD holds an annual return of 19%
03/28/2023
HSBC partners with AMIDEAST
To prepare the next generation of Kuwaiti business leaders at Kuwait Technical College
03/27/2023
NBO partners with buna to facilitate seamless cross-border payments
This move reflects the Bank's efforts to meet the needs of its customers and make every experience simpler and more seamless.
03/22/2023
Saudi National Bank says profitability unaffected by Credit Suisse investment
SNB’s investment in Swiss lender is less than 0.5% of its total assets and 1.7% of its investments portfolio as of December 2022
03/22/2023
Al Ahli Bank of Kuwait sponsors Amiri Hospital’s second health campaign
Various public health checks and pavilions introducing healthy nutrition, physiotherapy, and awareness lectures
03/21/2023
HSBC introduces payment validation service to reduce transaction delays
The lender is the first bank globally to add real-time account verification for UAE customers
03/20/2023
Burgan Bank resumes its sponsorship of Dar Al-Athar Al-Islamiyyah’s 27th Cultural Season
As part of its ongoing efforts towards raising the bar of community welfare and enhancing the cultural experience in Kuwait
03/20/2023
Lesha Bank recognized as 'Best Asset Manager' in Qatar at the EMEA Finance Middle East Banking Awards
In recognition of managing strong and diverse portfolio of real estate and private equity assets
03/17/2023
National Bank of Fujairah approves dividend for 2022
The shareholders confirmed the appointment and remuneration of the bank’s external auditors, PricewaterhouseCoopers for 2023
03/15/2023
Bank Nizwa leads the way in sustainable banking at Oman Sustainability Week 2023
Bank Nizwa participating in the upcoming Oman Sustainability Week 2023 as the Islamic Banking Partner