NBK platinum sponsor of 3rd Consulting Services for the Development Plan forum
NBK is keen to reinforce its leading role in supporting the implementation of development projects, especially in the housing sector…
Retail Banking
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Qatar National Bank profit up 9% to $3.9bn
Qatar National Bank profits climbed significantly on the previous year, it says. The Qatar lender said net profit before…
First Abu Dhabi Bank raises $500m through Islamic bond
First Abu Dhabi Bank, the UAE’s largest lender by assets, has raised $500 million through a sukuk or Islamic bond,…
QIIB announces the opening of nominations for membership of the Board of Directors
QIIB board of Directors announces the opening of nominations of membership of the Board of Directors for nine memberships in…
Emirates NBD & Prem Watsa-led Fairfax Group may join IDBI Bank race, stock gains
Middle East banking powerhouse Emirates NBD and billionaire Prem Watsa-led Canada’s Fairfax Group are likely to have submitted EOI’s or…
GCC steps help migrants remit money home: World Bank
Migrants' ability to remit has been protected by GCC countries by ensuring low inflation through direct support measures, a World…
Egyptian Banks Collect EGP 24 Billion from 25% Certificates within Two Days
President of the Federation of Egyptian Banks, and Banque Misr Mohamed El-Etreby revealed that the proceeds of the 25% certificate…
NBK announces Al Jawhara prizes are now worth KD 4,925,000
Al-Othman: Our prizes are the biggest in Kuwait, turning the winners into new millionaires We always seek to make our…
Bank ABC completes legal merger of key Egyptian subsidiaries
Bank ABC (Arab Banking Corporation) has announced the successful completion of the legal merger of its two Egyptian subsidiaries -…
SAMA launches Open Banking Lab to facilitate financial innovation
Open banking services in Saudi Arabia are set for a boost after the Kingdom’s central bank announced the launch of…
Growing its network, Bank Nizwa announces new branch opening in Mawaleh
Expanding its footprint, Bank Nizwa, the leading Islamic Bank in the Sultanate, has inaugurated its 18th fully functional branch in…
Six Kuwait banks join GCC Cross-border Payment System
Six local banks have joined the GCC Cross-border Payment System in the State of Kuwait, the Central Bank of Kuwait …