Qatar banking sector remains 'safe, sound and solid', says QCB governor
Qatar’s banking sector remains “safe, sound and solid”; HE the QCB Governor Sheikh Abdulla bin Saoud al-Thani said and noted…
Retail Banking
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GPS opens Mena headquarters in Dubai
Global Processing Services has announced that it has officially launched its Middle East and North Africa (MENA) office and appointed…
National Bank of Egypt begins work for its first branch in Riyadh
National Bank of Egypt (NBE), which obtained on Tuesday approval of Saudi cabinet to start operation in the Kingdom, launches…
Leading Qatari banks embrace digital transformation for resilience: KPMG report
Leading banks in Qatar are embracing the power of digital transformation for building resilience, offering contactless payments (like Apple Pay),…
QIIB awarded ‘Most Innovative Islamic Retail Bank in Qatar for 2021’ by International Finance Magazine – UK
QIIB has been honored with the ‘Most Innovative Islamic Retail Bank 2021’ – an annual prestigious recognition awarded by the…
Two global awards for KIB
Kuwait International Bank’s (KIB) deals and issuances continue to stand out within the region’s Islamic finance sector, cementing themselves as…
KPMG Report: NBFIs lending in Saudi Arabia sustained growth in 2021
The first edition of KPMG’s Future of NBFI Financing, looks into the performance of Non-Bank Financial Institutions in the Kingdom.…
Hesham Al-Mubaraki appointed as General Manager of Wholesale Banking at KIB
In recognition of his academic and professional competencies and his ability to successfully carry out key leadership roles, Kuwait International…
KSA has strongest banking system among GCC, S&P Global Ratings says
S&P Global Ratings said on Sunday that the COVID-19 pandemic and last year's oil price crash did not affect all…
Abu Dhabi bank to launch UAE's first virtual Buy Now Pay Later prepaid card
Abu Dhabi Islamic Bank (ADIB) has partnered with Spotii, a digital payments provider, to introduce the first virtual Buy Now…
How Saudi Arabia's top 10 banks performed in the second quarter
Global management consulting firm Alvarez & Marsal has released its second quarter analysis of the state of Saudi Arabia's banking…
UAE Central Bank starts to withdraw COVID-19 stimulus measures
The Central Bank of the UAE will begin to gradually unwind stimulus measures introduced to mitigate the economic slowdown caused…