UAE banks' funding to commercial, industrial sectors up 5.6pc
The credit financing provided by the national banks in the UAE to the business and industrial sectors has increased by…
Retail Banking
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National Bank of Bahrain wins top award from JP Morgan
The National Bank of Bahrain said it has been awarded the ‘Elite Quality Recognition Award’ by JP Morgan for its…
Turkiye to boost apex bank’s foreign reserves amid lira slide
Turkiye is intensifying efforts to boost foreign reserves in its central bank, the country’s finance minister has revealed. Writing…
Ras Al Khaimah Digital Assets Oasis welcomes RAKBANK as its first banking partner
Ras Al Khaimah - RAK Digital Assets Oasis, the world’s first and only free zone dedicated to global digital and…
Oman's GDP growth rate to slip this year on OPEC+ cuts
Oman is forecast to see real GDP growth 1.7% this year, down from 4.3% in 2022, according to Emirates NBD.…
KIB successfully completes its capital increase, oversubscribed by 687%
Kuwait International Bank has announced the successful completion of the subscription process to increase its capital by offering 428,571,429 shares,…
Bank ABC names new European head of global transaction banking
Bahrain-headquartered Bank ABC has named Jim Murphy as its new European head of global transaction banking. Murphy replaces Damian…
Saxo Bank surpasses 1mln clients
Saxo Bank, which offers online trading platforms, investing, and wealth management solutions, announces a new milestone as it passes 1…
UAE banking system maintained stable funding in Q1-23: CBUAE
The Central Bank of the United Arab Emirates highlighted the persistent credit appetite of the private sector, evident in the…
White & Case advises banks on Commercial Bank of Dubai’s US$500 million inaugural green bond issuance
Global law firm White & Case LLP has advised HSBC and Standard Chartered Bank as global coordinators, and Citigroup, Emirates…
Bank Nizwa takes the lead in promoting Islamic banking principles in Buraimi
Bank Nizwa, Oman's leading and most trusted Islamic bank, conducted an enlightening ‘Islamic Finance Knowledge Session’ (IFKS) at Al Burami…
Burgan Bank supports CBK’s Eidity Campaign
Burgan Bank is participating in supporting the Eidity campaign in collaboration with the Central Bank of Kuwait (CBK), the Kuwait…