Wio Bank partners with FAB to facilitate cash and cheque deposits
Wio Bank, the region’s first platform bank, is partnering with First Abu Dhabi Bank (FAB), the UAE’s largest bank and…
Retail Banking
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Egypt has third best banking system in Arab world in terms of assets, deposits, and loans: UAB
The Union of Arab Banks said that the Egyptian banking sector has achieved tremendous success and impressive results over the…
Banque Misr sees 1567% surge in daily USD withdrawals abroad
Daily withdrawals from branches of Banque Misr abroad reached an average between $570,000 and $600,000, Hapi Journal reported on December…
Qatar Central Bank issues QR6bn Treasury Bills, Sukuk
Qatar Central Bank (QCB) on Tuesday issued Treasury Bills and Sukuk worth QR6bn. In a tweet, QCB said that…
UAE Central Bank cancels insurance broker’s registration
The Central Bank of the UAE on Tuesday said it cancelled the registration of BH Insurance Brokerage. The reason…
International gangs, apps hit Kuwait – Bank accounts targeted
After the Public Prosecution rang alarm bells about electronic fraud, announcing that it had received 300 complaints from the victims,…
Burgan Bank Assigns the responsibility of managing the Financial Institutions Department to Mr. Mohammed Najeeb Al-Zanki
Burgan Bank announced the assignment of Mr. Mohammed Najeeb Al-Zanki the responsibility of managing the Financial Institutions Department, following the…
CBE warns of misuse of bank cards, fraud to obtain foreign exchange without need for it
The Central Bank of Egypt announced on Thursday that banks must notify customers by any means of communication that it…
Last chance for registration in award winning 'Tamakan' training program supported by NBK
For the fourth year in a row, National Bank of Kuwait (NBK) sponsors “TAMAKAN” training program for fresh Kuwaiti graduates,…
Central Bank of Egypt sets new measures for fraudulent and abusive use of credit, debit cards overseas
According to a circular issued on Thursday, the CBE said it has noticed that there are credit and debit cards…
First Abu Dhabi Bank teams up with ports, customs, freezones for cashless payments
First Abu Dhabi Bank (FAB), the UAE's biggest lender, has created a cashless payment system in collaboration with Magnati, PayRow…
UAE Central Bank issues new anti-money laundering guidelines for insurance sector
The UAE Central Bank has issued new guidelines for the licensed financial institutions operating in the insurance sector as it…