Abu Dhabi Commercial Bank denies report of its merger with First Abu Dhabi Bank
Abu Dhabi Commercial Bank has denied a press report on merger talks with First Abu Dhabi Bank in a letter…
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Emirates NBD is first UAE banking group to publicly commit to female leadership targets, aiming for 25 percent of senior roles to be filled by women by 2027
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region is the first large…
Ten major Saudi banks see profit boom in 2021 amid rebounding growth
Ten Saudi-listed banks, which comprise the majority of the Kingdom’s banking sector, recorded higher earnings in 2021 from a year…
Bank of Israel explores impact of digital Shekel on banking system
The Bank of Israel has published a paper assessing the potential impact of issuing a central bank digital currency –…
Qatar First Bank to implement a capital raise of up to 420 million ordinary shares through its Rights Issue
Qatar First Bank (QFB), has announced that it has received the regulatory go-ahead to proceed with its ‘Rights Issue,’ as…
UAE’s First Abu Dhabi Bank and ADCB deny report of potential merger
UAE lenders First Abu Dhabi Bank (FAB) and the Abu Dhabi Commercial Bank (ADCB) have both denied a media report…
Banking sector tops in ‘jobs for Kuwaitis’
According to official data, the Kuwaiti banking sector, particularly the Central Bank of Kuwait, is the most reliable provider of…
Three Egyptian banks to launch fintech fund
Egypt has grown rapidly in the field of fintech over the past few years National Bank of Egypt, Banque…
CBE says it targets providing banking services, products to all citizens equally
Deputy Governor of the Central Bank of Egypt (CBE) for Financial Inclusion Sherif Luqman said the CBE aims to provide…
QIIB has maintained strong financial position, stable growth
Chairman of QIIB’s Board of Directors, Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, has said that QIIB has…
Lebanese bank closes over 30 British-held accounts after UK ruling-depositors’ group
Lebanon’s Bank Audi has closed more than 30 accounts belonging to UK nationals or their close relatives since a London…
National Bank of Oman Earns Fifth Citibank STP Excellence Award
Continuing to set benchmarks in the payments sphere, National Bank of Oman has won Citibank’s Straight Through Processing (STP) Excellence…