Dubai decides to raise Salik IPO size to 24.9% after record retail investor demand
The size of the Salik IPO has been increased to 24.9 per cent from 20 per cent, a move that…
Retail Banking
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BofA relocating Russian staff to Dubai as Ukraine war drags on
Bank of America is moving some of its Russian staff to Dubai, Reuters reported citing two unnamed sources. The…
BBK offers Sustainability Financing to its customers
BBK, Bahrain's pioneer in retail and commercial banking, is offering a special loan facility to business owners who aim to…
Emirates NBD Securities launches end-to-end digital onboarding platform
The newly launched platform enables more than a million customers to start trading instantly amid increased demand for stocks and…
Emirates Development Bank to Approve New Loans to SMEs, Startups
Emirates Development Bank, the financial “engine” of the UAE’s economic diversification and industrial transformation agenda, has announced a lending feature…
Doha Bank recognised as ‘Best Bank for CSR in Qatar’ by Euromoney
Doha Bank has been recognised as the ‘Best Bank for CSR in Qatar 2022’ by Euromoney during a recent awards…
QIB introduces new features to mobile app
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, announced the launch of six new features to its acclaimed Mobile App…
Bank of Israel MPC remains worried by tight jobs market
All six rate setters at the Bank of Israel supported raising the benchmark interest rate by 0.75 point to 2%…
Egyptian Cartona plans BNPL service amid expansion plans
Cartona, a B2B trade platform based in Egypt, has recently raised $12 million in a series A funding round. The…
‘Bank sector largest employer of Kuwait national workforce’
The Chairman of the Board of Directors of the Kuwait Banks Federation, Sheikh Ahmed Duaij Al-Sabah, said that the banking…
UAE In Focus — Gross assets of UAE banks reach $939bn by end of June
The gross assets of UAE banks, including bankers’ acceptances, increased by 0.2 percent to 3,449 billion dirhams ($939 billion) at…
Ajman Bank to Launch World’s First Mastercard Touch Card, Driving Inclusion Across UAE
Mastercard and Ajman Bank have strengthened their commitment to inclusion through a new initiative designed to expand access to the…