Bank Dhofar makes offer to acquire 100% of competitor Ahli Bank
Oman’s second-biggest lender by market value, Bank Dhofar, has withdrawn its merger offer for Ahli Bank and put a new…
Retail Banking
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Bankers See Asia-Middle East Dual Listings as a Budding Trend
Dual listings between the Middle East and Asia are expected to become a new trend as investment flows between the…
Banque Misr signs deal with Zammit to support micro, small businesses
Banque Misr has signed a cooperation protocol with the e-commerce platform Zammit to offer financial and non-financial solutions to micro…
Boubyan launches “Premium” account for its high-net-worth clients
The new account offers clients access to a variety of services both inside and outside Kuwait Al-Doub: A wide range…
Dubai’s debt burden to drop to 51% in 2023, says S&P Global
Dubai’s government debt load will decline as a share of GDP in 2023, S&P Global said in a report, citing…
Gulf Bank educates customers on borrowing and financing
AbdulMohsen AlNassar: Obtaining sufficient knowledge on the types of loans and their details, protects customers from accumulating obligations and defaulting…
Egyptians Can Now Open Bank Accounts without a Minimum Deposit
The Central Bank of Egypt will now allow individuals to open an account without the prerequisite of a minimum deposit…
National Bank of Fujairah takes home two MEA Finance Banking Technology Awards 2023
National Bank of Fujairah has won two awards at the prestigious MEA Finance Banking Technology Awards 2023, including “Best Innovation…
Nationalisation of jobs strategic priority: HSBC Qatar
HSBC has been progressing its Qatar Nationalisation strategy by leveraging the bank’s unique employee value proposition to attract and retain…
Oman's Ahli Bank mulls offer from Ominvest to acquire entire share capital
Oman's Ahli Bank is considering a letter of intent it received from Oman International Development & Investment S.A.O.G (Ominvest), to…
Dukhan Bank wins four accolades at MENA Banking Excellence Award 2023
In recognition of its excellence in private banking services and innovative digital banking solutions, Middle East Economic Digest has honoured…
Saudi’s Arab National Bank to invest $38 million in Iraq to set up new bank
The Arab National Bank will invest $38.2 million, representing a 20 percent share, in setting up the ‘Arab Bank of…