Ithmaar Bank Reports Q1 2023 Results
Ithmaar Bank a Bahrain-based Islamic retail bank, yesterday reported a first quarter net loss attributable to equity holders of BD1.80…
Retail Banking
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QIB wins ‘Best Islamic Bank’ from Euromoney
Qatar Islamic Bank has been awarded ‘Best Islamic Bank in Qatar’ by Euromoney Magazine. The Euromoney Islamic Finance Awards celebrate…
QNB, CWallet sign agreement for banking services
QNB, the largest financial institution in the Middle East and Africa and “C Wallet Services W.L.L.”, Qatar’s award-winning FinTech startup,…
Bank Nizwa appoints new Assistant General Manager for Transaction Banking for SMEs
As the pioneering Islamic bank that has continued to invest in enhancing human capabilities whilst simultaneously focusing on attracting and…
Goldman Sachs latest bank to expand in Gulf as balance of power shifts
Global banking giant Goldman Sachs recently announced it will open an office in Abu Dhabi, subject to regulatory approval. …
Gulf Bank and Ahli Bank of Kuwait call off merger talks
Gulf Bank and Al Ahli Bank of Kuwait are no longer pursuing a merger, following the completion of feasibility studies…
Business confidence in largest Arab economies rises in May on robust economic momentum
Business confidence in Saudi Arabia and the UAE continued to outpace the long standing average in the Arab world's two…
Egypt seeks luring private investments from New Development Bank
Egypt is looking forward to attracting private investments into major development project from the New Development Bank, Minister of Finance…
Oman Arab Bank opens strategically relocated and enhanced Duqm branch in future economic hub
The Oman Arab Bank (OAB) has successfully inaugurated its enhanced and relocated branch in Duqm, which is poised to become…
Saudi banking sector growth driven by mortgages: report
Saudi Arabia’s banking sector has experienced rapid growth over the past few years, primarily driven by mortgages and thanks to…
UAE Central Bank issues rules to combat money laundering, terror financing
The Central Bank of the UAE released new guidelines aimed at combatting money laundering and the financing of terrorism within…
Standard Chartered: UAE exports projected to reach AED 2trln by 2030
The UAE records a higher trade diversity for both imports and exports than the global average India to remain the…