Retail Banking

Comment & Analysis

Qatar's banking sector demonstrates resilience, registers 'impressive' growth amid Covid-19 challenges

December 28, 2021

Qatar's banking sector demonstrated resilience and registered an impressive growth in business during 2021, driven by the need to continue…

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FinTech

Commercial Bank of Dubai becomes the first bank in ME to launch an NFT collection

December 28, 2021

Commercial Bank of Dubai is hosting an NFT art exhibition at its Digital Lab in DIFC. The exhibition is presented…

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Regulation, Risk & Compliance

New amendments on cheque provisions in UAE to take effect from January 2

December 28, 2021

The Central Bank of the United Arab Emirates has stated that the new amendments on cheque provisions shall take effect…

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FinTech

500 start-ups and SMEs avail Emirates Development Bank’s faster banking services

December 28, 2021

Emirates Development Bank (EDB) supported more than 500 UAE-based small and medium enterprises (SMEs) and start-ups to rapidly open bank…

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FinTech

Warba Bank celebrates listing of $250mln Tier-1 sukuk on Nasdaq Dubai

December 28, 2021

Shaheen H. Al-Ghanem, CEO of Warba Bank, a leading Kuwaiti Islamic Bank, Tuesday rang the market-opening bell to celebrate the…

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Mergers & Acquisitions

Jordan's Capital Bank plans to acquire Societe Generale Bank Jordan – chairman

December 27, 2021

The board of Jordan's Capital Bank approved a mandatory offer to acquire Societe Generale Bank Jordan (SGBJ), part of a…

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Awards and Recognition

Bank Nizwa recognized as the 'Strongest Islamic Retail Bank in Oman for 2021'

December 26, 2021

Leading the way in the Islamic banking industry, Bank Nizwa was awarded the title of the Strongest Islamic Retail Bank…

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Financial Results

Banque Saudi Fransi proposes dividends for H2-21

December 24, 2021

The board of Banque Saudi Fransi has recommended the distribution of cash dividends worth SAR 1.01 billion, representing 8.5 %of…

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FinTech

Fawry broadens its platform for consumer finance offerings to capture the growing opportunity on the financial services market

December 23, 2021

Fawry has announced plans for establishing a consumer finance company, Fawry Consumer Finance, broadening its existing offering of financial solutions…

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FinTech

Zand eyes UAE digital banking sector with strategic stake buy

December 23, 2021

Zand, the first digital bank to provide both retail and corporate banking,  is set for imminent launch in the UAE,…

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FinTech

AFS in deal to power ila Blue, Switch credit cards

December 22, 2021

Arab Financial Services (AFS), a leading digital payment solutions provider and fintech enabler in Middle East and Africa, has collaborated…

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Fraud & Ethics

Etisalat’s blockchain arm crosses Dhs10bn

December 22, 2021

Etisalat Digital’s blockchain arm UAE Trade Connect (UTC) has handled over Dhs10bn worth of invoices in its first eight months…

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