NCB, Samba complete final phase of merger creating Saudi Arabia’s largest bank
The National Commercial Bank, or NCB, concluded the final phases of a merger deal with Riyadh-based Samba Financial Group on…
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Masraf Al Rayan’s asset quality to remain healthy
The asset quality of Masraf Al Rayan is expected to remain healthy and is expected to remain cost efficient, according…
Bank Muscat launches ‘Integrated Transaction Banking Platform’
In line with its pioneering role in introducing new and innovative digital banking services for the benefit of its customers,…
Alizz Islamic Bank joins first Waqf Forum
Waqf sector is considered one of the main drivers of funds growth in the Sultanate, said Asaad bin Hilal Al-Kharusi,…
Qatar banks adopt ‘green initiatives’ in their business practices: QCB
Qatar has undertaken several initiatives over the past few years to nurture a green economy, QCB noted and said local…
QIB receives two prestigious awards from EMEA Finance
Qatar Islamic Bank have recently received two prestigious awards: “Best Islamic bank in Qatar” for the fifth consecutive year and…
Banks public sector deposits grow 12% in Nov
The banking sector in Qatar demonstrated resilience and has registered an impressive growth in November. Qatar’s commercial banks have witnessed…
Saudi Fransi, MasterCard launch cash back credit card
Banque Saudi Fransi and Mastercard have partnered to launch the region’s first customizable cas back credit card that provides cardholders…
GDP to grow by 5.5% in 2022, Bank of Israel predicts
Israel's gross domestic product will increase by 5.5% in 2022 and 5% in 2023, the Bank of Israel Research Department…
New UAE law: 11 things all bank account holders should know
Changes to UAE’s Commercial Transaction Law – which include narrowing the scope for criminalisation of returned or “bounced” cheques due…
QCB issues QR600m treasury bills for Jan
Qatar Central Bank (QCB) issued yesterday treasury bills for three, six and nine months, with a value of QR600m. …
Middle East Finance Giant Launches Voice Banking Alexa Skill
Emirates NBD, one of the largest banks in the Middle East, has debuted an Alexa skill for voice banking by…