Emirates NBD seeks to double diamond trade financing by 2025
The bank said in a statement it has collaborated with Dubai Multi Commodities Centre (DMCC) on the project to leverage…
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Dubai's Emirates NBD will see profitability returning to pre-pandemic levels by 2022
Moody's Investors Service expects the profitability of Dubai’s Emirates NBD to be more resilient than its peers, reflecting the benefits…
Amr Tharwat appointed new MD and CEO of Bank ABC Egypt
Arab Banking Corporation has announced the appointment of Amr Tharwat as new MD and CEO of its Bank ABC Egypt…
Bank ABC names new managing director for Egypt unit
Arab Banking Corporation (Bank ABC) has announced the appointment of Amr Tharwat as the new managing director and chief executive…
Non-performing bank loans in Saudi Arabia reach SR33 billion
An economic report revealed that non-performing loans with Saudi banks rose to SR32.9 billion by the end of the second…
Arab Bank launches its FinTech accelerating program in Egypt
Arab Bank has recently launched its FinTech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan…
NBB renews strategic partnership with StartUp Bahrain
National Bank of Bahrain (NBB), Bahrain’s leading bank, has signed an agreement to continue its strategic partnership with StartUp Bahrain…
HSBC launches mobile payments for customers and merchants
HSBC Qatar has launched mobile payments and collections services for both its personal and corporate customers, as part of its…
UAE banks need to step up their customer service game
Banks in the UAE have struggled to manage the sudden and widespread shift to online customer service over the last…
European Fintech Solutions Provider finleap Partners Bahrain’s Telecom Firm Batelco to Support Open Banking
European Fintech solutions provider finleap has teamed up with Bahrain-based telecom firm Batelco in order to support Open Banking in…
With Lebanon's banking secrecy suspended, A&M resumes its audit
Eight months after withdrawing from the engagement, global management consulting firm Alvarez & Marsal is set to resume its review…
Qatar banks’ net profit zooms to pre-pandemic levels
Eight leading Qatari banks reported an aggregate net profit of QAR11.8 billion ($3.2 billion), up 12 per cent from the…