10/12/2022
LuLu Exchange teams up with digital lender Wio Bank to offer cash deposits for SMEs
Partnership is part of the remittance company’s drive to transform its network as an enablement centre for financial institutions
Retail Banking
10/11/2022
Bank ABC commences regional rollout of mobile-only bank ila
Powered by Bank ABC, ila Bank brings a wide range of smart banking products and services to customers 24X7, with simply a swipe on their mobile screens.
10/11/2022
CBB Sukuk Al-Salam securities fully subscribed
Subscriptions worth BD 43 million were received for the BD 43 million issue, which carries a maturity of 91 days
10/11/2022
Bank ABC commences regional rollout of mobile-only bank ila
On back of its phenomenal success and customer adoption rates in Bahrain, the region’s first exclusively cloud-native digital bank, ila now offers its revolutionary banking experience to the Jordanian population.
10/10/2022
Commercial Bank International to launch metaverse location
CBI’s virtual location is now open for visitors and can be found in Decentraland at cbi.dcl.eth or (63, -127) using the Decentraland map coordinates
10/10/2022
Doha Bank announces FIFA World Cup campaign winners, courtesy Visa
The opportunity to experience the FIFA World Cup excitement is still well within reach, as the next lucky draw campaign will up the prize pool to a grand total of 200 tickets, meaning 100 lucky winners can take part in the exhilarating thrills of the FIFA
10/07/2022
ADIB joins e& enterprise blockchain platform UAE Trade Connect
ADIB will use the UAE Trade Connect platform to detect fraud and dubious transactions in the trade finance area
10/05/2022
Doha Bank recognised by MoL for Qatarisation efforts
The National Talent Acquisition and Development programs at Doha Bank aims to employ and develop the National talent to advance their career and be exceptional Leaders in diverse spheres of the Bank.
10/05/2022
ADCB may divest from Abu Dhabi Commercial Properties
The Abu Dhabi lender considers exiting the property management services business to focus on the growth of its core business
10/04/2022
HSBC Bahrain wins The Asset Triple A Sustainable Investing Awards
The bank won a total of 35 awards across different markets and territories
10/04/2022
Standard Chartered introduces the region’s First Sustainable Receivables Financing Facility in partnership with ECI and Siemens
Siemens in the UAE is the first to utilise this innovative facility, for a solution that targets a reduction in electricity consumption by 10-25%
09/29/2022
Egyptian Banking Institute expands training programmes in Egypt, Africa during FY2022
In continuation of the EBI’s role in supporting the development of human capital in the African banking sector
09/29/2022
NBK garlanded with 13 awards reinforcing its remarkable excellence in digital banking
In Global Finance’s World’s Best Consumer Digital Banks Awards for 2022
09/28/2022
NBB backs SMEs with upgraded Tamweel Al Watani scheme
NBB continues to enhance its offerings as part of its ongoing endeavours towards investing in its community and enriching the industries and economy where the bank operates.
09/28/2022
Ahlibank wins ‘Best Bank in Oman’ Award for the Year 2022
The event was organized by the World Union of Arab Bankers (WUAB), at a high-profile award ceremony held in Istanbul, Turkey, recently
09/27/2022
Dukhan Bank named ‘Best Consumer Digital Bank in Qatar’
Dukhan Bank has been leading the industry by implementing a series of unparalleled enhancements to the retail mobile banking application that includes access to Time Deposit
09/23/2022
GCC banking profits could near pre-pandemic levels by 2022 finish
“Expected lower oil prices and potential recessions in the US and Europe next year may have knock-on effects for the region and its banks.”
09/22/2022
EMEA Daily: The Independent Taps Bolt for eCommerce Payments; Noble Raises $18M to Expand, Open US Office
Dubai-based Mindware, a distributor of information technology (IT) products in the Middle East and Africa, has launched a B2B eCommerce website in the United Arab Emirates (UAE) and said it will soon do so in other regional markets.
09/22/2022
SABB joins Arab Monetary Fund’s Buna payment system
Buna now has multiple settlement currencies, including the Emirati dirham, Saudi riyal, US dollar, Jordanian dinar and euro.
09/19/2022
Al Namaa opens investment avenues for ahli Islamic depositors
As per the set protocol, the depositor (Rab-ul-Mal), investing in Al Namaa Savings Account, authorizes the Bank (Mudarib) to invest his/her funds into Sharia-compliant high net worth business avenues