Saudi business sector boom spurs growth in bank credit
Saudi Arabia’s business sector saw a boom across most segments in May, with banks extending loans, overdrafts and lines of…
Retail Banking
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Nomo Bank signs strategic partnership with Blueprint
Nomo Bank, the digital sharia-compliant bank in the United Kingdom that is part of the Bank of London and the…
Top Egypt bank gets $250 million in loans with eye on green work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International Finance Corporation…
KIB offers exclusive services to Visa Infinite credit cardholders
As part of its special travel season campaign entitled “Peace of Mind with Black Concierge,” Kuwait International Bank (KIB) recently…
Turkish neobank Papara becomes latest unicorn following acquisition of Spain’s Rebellion
Turkish neobank Papara has snapped up Spanish challenger bank Rebellion, in a move which propels Papara to unicorn status. …
How well are you being served by your bank?
When was the last time you received exceptional service from your bank? Something that made you go ‘Wow!’. Last…
The Central Bank of Bahrain signs a Memorandum of Understanding with Naisbitt King
In the presence of and on the sidelines of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown…
Central Bank of Oman issues treasury bills worth $90.9m
The Central Bank of Oman has revealed that the total value of government treasury bills issued this week amounted to…
UAE’s Emirates NBD introduces compliant carbon market trading
Emirates NBD has launched carbon future contracts trading, addressing the growing demand from corporations to manage their carbon emissions offsetting.…
Moody’s affirms Sohar International ratings, downgrades HSBC Oman
Moody’s on Tuesday affirmed ratings of Sohar International positive, but downgraded the ratings of HSBC Oman. ‘Sohar International Bank…
UBF, the strategic partner of IDC Conference, says digital shift is consolidating UAE’s Banking industry leadership
UAE Banks Federation , the sole representative and unified voice of UAE banks, has reiterated its commitment to accelerating digital…
National Bank of Egypt reports over 14mln withdrawals worth $1.14bln through ATMs in 14 days
The National Bank of Egypt revealed that its ATMs achieved unprecedented exchange rates during the period from 18 June to…