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Retail Banking

12/02/2020

Commercial Bank of Dubai Recognized with Best Commercial Bank and Best Digital Transformation Awards by MEA Finance

The MEA Finance Awards honors banking and financial institutions from across the Middle East and Africa region for their excellence in creating robust financial systems through innovation and digital transformation as well as advancing the overall industr

12/02/2020

Lebanon's Blom Bank enters new talks to sell Egypt business to ABC Bahrain

Announcement comes a month after Dubai's Emirates NBD said it was carrying out due diligence on a possible acquisition of the Egyptian operations of Blom Bank

12/01/2020

GCC mobile phone market remains sluggish as consumers stay cautious

The firm's latest Quarterly Global Mobile Phone Tracker reveals that smartphone shipments declined 0.9% to 4.16 million units, while feature phone shipments increased 4.1% to total 0.8 million units

12/01/2020

Natwest, Santander to sell more shares in Saudi British Bank -document

The two banks in September had handled a 1.5% stake sale by Natwest and Banco Santander in September

12/01/2020

Gulf banks take lead role in companies’ bailouts

Stimulus packages have come from monetary policy channelled through commercial banks

11/30/2020

Saudi banks’ outlook hurt by difficult operating environment

Fitch revises outlook for 11 Saudi banks to negative

11/27/2020

Emirates NBD unveils next-generation global corporate banking platform, ‘businessONLINE’

Clients can undertake cross-border transactions seamlessly, access a consolidated view of their balances across regions and currencies, and make the most of tailor-made advice for their business needs.

11/26/2020

Bank ABC's 4th MEA Fintech Forum highlights the trust of Financial Services Leaders in Digital as the recovery path for future banking

Held under the patronage of the Central Bank of Bahrain and hosted by Bank ABC, the Forum brought together Financial regulators, regional baking CEOs and heads of challenger banks who were joined by leading international experts and over 2000 delegates on

11/26/2020

Ithmaar Bank stresses digital brand protection

Ithmaar Bank is committed to becoming the Islamic retail bank of choice

11/26/2020

Moody’s reconfirms long-term deposit rating of QIB at ‘A1’ with a ‘stable’ outlook

QIB has reported strong profitability which has been broadly stable in the 1.4%-1.7% return on tangible assets, supported by the strong growth of the bank, which itself reflects the increasing penetration of Sharia compliant assets in Qatar.

11/26/2020

Huge rise in Commercial Bank contactless card taps

We are one of the largest issuers in this market.

11/25/2020

Commercial Bank and Qatar University award creative competition winners

Qatar University students were requested to come up with an idea of how to use the allocated space at the Commercial Bank branch at Qatar University Metro Station, name their project, and pitch in their ideas.

11/25/2020

Infibeam eyes lion’s share of e-commerce payments in Oman; to process transactions for its biggest bank

Digital payments and e-commerce technology platform company Infibeam Avenues, which had forayed into Oman last month partnering with its Bank Dhofar to process online payments for its customers, is aggressively tapping into the market further.

11/25/2020

RT Bank chairwoman awarded prestigious award in UAE for business acumen

RT Bank started its operations in July 2001 as a locally owned, independent bank primarily servicing the Kurdistan Region.

11/24/2020

NBK provides the Visa Infinite Credit Card to Privilege Banking Customers

Al-Nusif: NBK Credit Cards give our customers a unique lifestyle and meet all their needs

11/24/2020

UnionPay Partners with Abu Dhabi Islamic Bank to Enable Contactless Payment on 15,000 Terminals throughout UAE

The payment services available include UnionPay contactless payment through UnionPay chip cards and Mobile QuickPass payment interfaces such as Apple Pay, Huawei Pay.

11/24/2020

Commercial Bank of Dubai partners with Quwat Al Barq Businessmen Services to promote eDirham Cards

The eDirham card is part of a cashless payment platform that empowers users to make payments for a wide range of services across Ministries

11/23/2020

UAE banks' profits deteriorate; bad loans likely to go up

Challenging economic conditions result in higher non-performing loans for Q3

11/23/2020

ADIB provides AED 91 million financing for UAE-based client to acquire UK Business Park

The financing will be used to acquire a AED 141 million (£29.1 million) business park on the UK's south coast, which will provide the client with a cash on cash return of 8%

11/23/2020

QDB concludes 1st virtual edition of Qatar Entrepreneurship Conference

This year, and in co-ordination with relevant institutions, we were able to present a distinguished edition of the Conference that received great feedback from all participants.

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