Forbes Middle East Reveals The Top 50 Banks In The Middle East 2021
Forbes Middle East has unveiled its “Top 50 Banks In The Middle East” list featuring the region’s banking powerhouses that…
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UAE Central Bank raises interest rate by 5bp after US Fed move
The UAE Central Bank has raised the base rate on the Overnight Deposit Facility by 5 basis points from Thursday…
3,000 bankers in Lebanon have lost their jobs since 2019 crisis
Lebanon’s banks, which once powered the economy by sucking in billions of dollars of deposits from abroad, are shedding staff,…
Bank of Sharjah announces financial results
Bank of Sharjah P.J.S.C (“the Bank” “The Group”) today announced the reviewed results of the period ended 31 March 2021.…
HSBC’s expat account offers unique features on single, secure platform
HSBC’s expat account offers international customers with multiple accounts in different countries the unique option to access their accounts on…
QIC appoints new Chief Operation Officer- Qatar Operations
Qatar Insurance Company (QIC), the leading insurer in the MENA region, has announced the appointment of Ahmed Al Jarboey (pictured)…
QCB denies QLM from paying interim dividend
Qatar Central Bank said yesterday that it did not approve QLM Life and Medical Insurance Company’s dividend distribution, given its…
Dubai Islamic Bank closes $1b senior sukuk
Dubai Islamic Bank successfully priced $1 billion 5 year sukuk issue with a profit rate of 1.95 per cent per…
Visa appoints senior vice president to lead Gulf Cooperation Council region
Visa has announced the appointment of Dr. Saeeda Jaffar as Group Country Manager, and Senior Vice President, for its operations…
Lebanon's banks stuck in reverse: jobs go, lending dives
Lebanon's banks, which once powered the economy by sucking in billions of dollars of deposits from abroad, are shedding staff,…
Bank ABC and FAB arrange a US$250,000,000 2-year Syndicated Term Loan Facility for BankDhofar
Bank ABC (Arab Banking Corporation (B.S.C.)) and First Abu Dhabi Bank PJSC (“FAB”), acted as Joint Coordinators, Underwriters, Initial Mandated…
NBB signs sponsorship partnership with BIBF
The National Bank of Bahrain (NBB) has entered into a strategic partnership with the Bahrain Institute of Banking & Finance…