Commercial Bank plans expansion
Commercial Bank yesterday revealed its aggressive expansion plans, which include opening up of up to six new branches and installing…
New Investment Products & Services
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UAE stock market regulator to licence up to three new brokerages this year
The stock market regulator expects to licence up to three more brokerages and enforce a new brokerage law this year,…
ADIB introduces new savings plan
The new product aims to fulfill medium to long-term savings needs of ADIB’s customers, provide them with Islamic insurance benefits…
KAMCO MENA Plus Fixed Income Fund launches successfully
KAMCO Investment Company has announced the official launch of the KAMCO MENA Plus Fixed Income Fund, after successfully closing an…
SABB Launches "Visa Direct" Remittance Service
The First in the Middle East The Saudi British Bank and Visa have launched Visa Direct Remittance - an…
International Islamic shareholders give nod to issue sukuk
The shareholders of International Islamic yesterday gave approval to the bank to raise up to QR3bn (about $824m) through a…
NBAD To Add Export Financing To Its Egypt Operations – CEO
National Bank of Abu Dhabi is expanding in Egypt to add export financing to its wholesale operations and introduce wealth…
Three Omani organisations plan sukuk issue
At least three Omani organisations, including the government, are planning to float sukuk or Islamic debt instruments this year, which…
Bitcoin and The Middle East
Bitcoin has been making steady progress throughout the West and Europe. It has made a stunningly fast impact on China,…
Standard Chartered Bank, MasterCard, Landmark Group to introduce Shukran credit cards
Standard Chartered Bank, MasterCard and Landmark Group have announced their partnership to introduce two new credit cards to the UAE…
DIFC Welcomes Lloyd's of London
Lloyd's, the global centre for specialist insurance and reinsurance, today announced the inauguration of its operations in the Dubai International…
NBO awards contract to build new head office
National Bank of Oman has awarded a contract to construct its new state-of-the-art head office to Al Turki Enterprises, a…