07/25/2022
Ahlibank’s Imtiyaz account: Modern banking for the modern customer
It comes with a world of exclusive benefits such as dedicated counters, branded debit, and credit cards
Retail Banking
07/25/2022
QNB launches direct remittance service to Philippines through RippleNet
QNB’s latest first-to-market solution complements the Bank’s efforts to improve cross-border payments, upholding its leadership position in Qatar in the sector of money transfer.
07/22/2022
Bank Leumi marks Israeli first with re-energised buyside
Leumi opened books marketing the benchmark at Treasuries plus 235bp area.
07/22/2022
UAE bank borrowings hit $498bln as demand for personal, business loans rise
Bank lending rebounds, reflecting improved credit sentiment, says UAE central bank
07/21/2022
ADIB delivers a strong set of results for H1 2022
With y-o-y net profit growth of 30% to AED 1.4bln underpinned by core business growth
07/21/2022
Mashreq achieves 17% increase in operating profit and posts AED 1.4bln net profit for 1H 2022
Operating Income has increased by 15% over the previous year to AED 3.3 billion mainly due to increased Net Interest Income and Income from Islamic financing
07/19/2022
Nigeria's United Bank for Africa expands into Middle East
UBA Group Chairman Tony O. Elumelu said the new UAE branch would enable trade finance and investments between the Middle East and Africa.
07/19/2022
QIB posts profit of QAR 1,815mln for the six months’ period ended 30 June 2022
Total Assets reach QAR 193bln
07/18/2022
Bank Muscat posts net profit of over $257mln
The bank posted a net profit increase of 4.9%
07/18/2022
Dukhan Bank records 27% increase in net profit
Dukhan Bank’s total assets reached QR104bn in the first half of 2022, and the customer financing assets stood at QR74bn in the first half of 2022
07/15/2022
UAE Banks Federation CEOs Advisory Council holds its second meeting of 2022
The meeting discussed the latest developments in the local and global banking and financial sector for the past quarter
07/14/2022
Oman’s Bank Muscat H1 2022 net profit rises 5% to $258mln
Provisions drop on improving oil prices
07/14/2022
Dubai: Emirates NBD offers paid internships to 300 UAE students
Programme to help young talent learn from experts in artificial intelligence, open banking, fintech
07/12/2022
QNB financial results for the six months ended 30 June 2022
Net profit for the six months ended 30 June 2022 reached QAR7.8 billion
07/12/2022
Balance between Saudi bank deposits and loans turns negative for the first time since at least 2013
In absolute terms, total bank credit increased by SR16.3 billion to SR2.19 trillion in May from SR2.18 trillion in April while total deposits decreased by SR3.6 billion over the same period.
07/12/2022
Mashreq Bank signs e-sports partnership with Galaxy Racer
The first-of-its-kind partnership will enable the bank to reach the next generation through digital-focused initiatives within the gaming and esports sector
07/08/2022
Qatar National Bank's net profit rises 12.3% in second quarter
QNB said "before the impact of hyperinflation" net profit for the period was 7.9 billion riyals.
07/07/2022
ila Bank to give ten travellers up to $13,264 cashback
All ila ‘Blue’ and ‘Switch’ credit cards, including supplementary cards, POS transactions and ATM cash withdrawals will be taken into consideration for the draw, while e-transactions will be excluded.
07/06/2022
Ithmaar Bank inaugurates new Main Branch for businesses
The Main Branch is strategically located right next to Seef Mall, at the heart of Seef District, a thriving and fast-growing commercial area.
07/05/2022
UAE-Based Digital Bank YAP Raises $41M to Expand to Saudi Arabia, Pakistan, Egypt
YAP initially debuted in 2021 and, with a partnership from RAK Bank, has become the UAE’s first independent digital banking platform, per the report.