Banking giant HSBC to use only recycled plastic for cards by end 2026
The UK banking giant HSBC will introduce 'sustainable' payment cards across all its global operations and by end 2026 eliminate…
Retail Banking
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Burgan Bank Celebrates The Graduation Of 16 New Burganers
Burgan Bank recently celebrated the graduation of its new batch of young bankers who successfuly completed their one month training…
UAE’s Emirates Islamic Bank posts 37% rise in Q1 net profit
UAE-based lender Emirates Islamic Bank has posted a Q1 2021 net profit of Dhs212m, up 37 per cent year-on-year from…
Thawani and BankDhofar team up to offer innovative fintech products
Thawani Technologies has signed a strategic partnership with BankDhofar, one of the fastest growing banks in the Sultanate, to introduce…
NBK reports KD 84.3mn net profit for Q1
National Bank of Kuwait (NBK) has announced its financial results for the first quarter ended 31 March 2021. NBK reported…
Saudi Arabia's Al Rajhi Bank reports 40% increase in Q1
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 40.1 % rise in net profit, boosted by an…
Dubai's Emirates NBD Group’s first quarter 2021 net profit at Dh2.32b, gaining 12%
Emirates NBD Group reported net profits of Dh2.32 billion for the first quarter, a 12 per cent year-on-year gain and…
Bank of Cairo announces new expansion step on the continent
Bank of Cairo is planning to expand part of its activities in Africa and the Middle East, according to local…
NBK-Egypt launches new corporate banking solution
The NBK was founded in 1952 as the first indigenous bank and the first joint-stock company in Kuwait and the…
Citigroup to exit retail banking in 13 markets, including Bahrain
Citigroup plans to exit retail banking in 13 markets across Asia and the Europe, Middle East and Africa region. …
Bank Muscat reports net profit of OMR47.15 million
Bank Muscat, the flagship financial institution in the Sultanate, announced its preliminary unaudited results for the three months ended 31…
Doha Bank hosts meeting for Sri Lankan delegation
Doha Bank recently hosted a meeting with a Sri Lankan delegation which was headed by Sri Lanka’s State Minister of…