SABB launches Kingdom’s first inventory financing product
The Saudi British Bank has launched the Kingdom’s first Shariah-compliant off-balance sheet inventory finance solution, designed to meet the needs…
Retail Banking
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Mashreq repositions NEOPAY as UAE digital payments continue to soar
Mashreq Bank has completed the transition of its existing payments business into a new, wholly owned subsidiary at a key…
Egypt’s State Banks Attract EGP 401 Billion from 18% Saving Certificates
Two of Egypt’s biggest state have succeeded in attracting a proceeds of EGP 401 billion since the issuance of the…
Emirates Development Bank announces $520m contribution to the UAE's GDP
Abu Dhabi-based Emirates Development Bank contributed Dh1.91 billion ($520 million) to the UAE’s gross domestic product over the past twelve…
QCB role decisive in Qatar banks' stability, strength and ratings: Al-Shaibei
QIIB CEO to QNA: Qatar Central Bank's Role was Decisive in Stability of Qatari Banks' Positions in Strength, Ratings …
Saudi banks continued to post strong credit growth in February, says SAMA report
audi commercial banks’ credit to the private sector rose by SR264 billion ($70.4 billion) in month to SR2.1 trillion at…
Egypt’s banks increase focus on consumer opportunity
Egypt’s banking industry and Cairo’s Natural History Museum have something in common, according to some in the country’s burgeoning fintech…
NBB highlights achievements at investors meeting in Bahrain
National Bank of Bahrain Group’s achievements for the full year 2021 were highlighted during the quarterly investors meeting. The…
Crédit Agricole Egypt inaugurates new branch in Palm Strip Mall
Crédit Agricole Egypt celebrated the opening of its new Palm Strip branch in Sixth of October City in continuation of…
Emirates NBD partners with the world’s leading innovation platform Plug and Play
Tie-up to boost open innovation and develop FinTech ecosystem in the region Emirates NBD has announced a partnership with Plug…
First Abu Dhabi Bank expected to raise 500 mln euros via green bonds
First Abu Dhabi Bank (FAB.AD) is expected to raise 500 million euros ($553.90 million) in five-year green bonds at 70…
Saudi Arabia makes $5bn deposit in Egypt Central Bank
Saudi Arabia made a $5bn deposit in Egypt’s central bank, making it the latest Gulf state to support the economy…