Role of banking sector highlighted in Bahrain
Growth indicators provide compelling evidence that Bahrain’s economy has made a remarkable recovery from the pandemic and has now entered…
Retail Banking
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FABMISR reports EGP 4.5bln net profit in 2022
First Abu Dhabi Bank Misr has reported a net profit of EGP4.5 billion, during the fiscal year ending December 31,…
QNB, CIB issues high-yield saving certificates
On Tuesday, QNB announced the issuance of a new high-yield CD with a three-year term and an annual return of…
SABB rebrands as Saudi Awwal Bank after merger with Alawwal
Saudi British Bank (SABB) has rebranded as SAB two years after the banks’ historic merger with Alawwal Bank to create…
Egypt: NBE, Banque Misr issue 3-year certificates of deposit
The National Bank of Egypt and Banque Misr offered two new certificates of deposit with fixed and decreasing yields for…
Saudi consumer spending rose 10% in February 2023: SAMA
Saudi Arabia's consumer spending rose 10 percent to SR97.9 billion ($26.1 billion) in February, up from SR88.6 billion a year…
HSBC partners with AMIDEAST
HSBC partnered with Amideast to deliver a high-impact career development speaker series aimed at young Kuwaitis who are currently in…
NBO partners with buna to facilitate seamless cross-border payments
National Bank of Oman has recently signed an agreement to join the Buna Payment System. Buna is a cross-border and…
Saudi National Bank says profitability unaffected by Credit Suisse investment
Saudi National Bank said its growth plans and profitability are unaffected by the lower valuation of its investment in Credit…
Al Ahli Bank of Kuwait sponsors Amiri Hospital’s second health campaign
Al Ahli Bank of Kuwait has announced its sponsorship of ‘Amiri Hospital Health Awareness Day’ organized by Amiri Hospital in…
HSBC introduces payment validation service to reduce transaction delays
HSBC, Europe's largest lender, has introduced a Swift payment service to reduce transfer delays for UAE-based customers through the use…
NBK’s AGM approved all BOD’s recommendations
Hamad Al-Bahar NBK achieved exceptional results in 2022, thanks to our geographical diversification, solid financial position, and digital excellence.…