Saudi Arabia Takes Banking Industry Leap by Approving Digital Banks
Keeping up with aspirations for developing the Saudi finance sector, the Saudi Cabinet gave the Kingdom's finance minister the green…
Retail Banking
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Rivals see ‘fierce’ competition as UAE digital bank Zand prepares for launch
Dubai-based digital bank Zand will attempt to attract customers with competitive deposit rates and a digital-first product lineup when it…
Digital licenses will lead to a ‘new style’ of banking, experts say
Saudi banking and financial experts have welcomed the Saudi Cabinet’s decision on Tuesday to approve the licensing of the first…
NCBA Bank: Investing in Technology to Offer Inclusive Financial Services
“We have a view or a mission to be Africa's most valued digital platform for financial services which then means…
Doha Bank wins 'Best Commercial Bank in Qatar' at World Business Outlook Awards 2021
Doha Bank has won the “Best Commercial Bank in Qatar 2021” at the World Business Outlook Awards recently. The…
Fitch revises Saudi National Bank's outlook on lender's resilience and improving environment
Fitch Ratings upgraded Saudi National Bank's outlook from negative to stable, citing its resilient financial metrics and an improving operating…
Banque du Caire reports EGP 1bn in net profit in Q1 2021
Banque du Caire has revealed in its latest financial statements that it achieved a net profit of EGP 1bn during…
Emirates Development Bank signs agreement with Peer-to-Peer Platform
Emirates Development Bank Sunday announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer (P2P) lending platform,…
Sohar International introduces Escrow accounts for real estate sector in Oman
Further enhancing investor confidence whilst facilitating financial services for developers, Sohar International introduces Escrow Accounts. This financial solution comes…
Abu Dhabi Commercial Bank shareholder sells $300m stake
An investor in Abu Dhabi Commercial Bank has sold its entire stake in the lender for about 1.1 billion dirhams…
QNB named ‘Best Sub-custodian Bank in Qatar’
QNB Group, the largest financial institution in the Middle East and Africa, has won the prestigious award of the “Best…
SH Capital secures DIFC brokerage licence to empower SMEs
SH Capital has been formally granted its Category 3A Dubai International Financial Centre licence, allowing them to begin trading imminently.…