Bahrain central bank asks banks to extend loan repayments for six months more
Bahrain's central bank has asked banks and financing firms to extend loan repayments for six more months from January, as…
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CBE renews suspension of ATM and banking transaction fees until June 2021
The Central Bank of Egypt decided on Monday to renew until June 2021 a number of procedures it has put…
GTA signs agreements with banks to facilitate tax payment
The General Tax Authority and QNB signed a financial services agreement yesterday. The GTA also signed three memorandums of…
Fitch affirms Commercial Bank rating at ‘A’ with stable outlook
Fitch Ratings has, once again, affirmed Commercial Bank’s unchanged long-term issuer default rating at “A” with a stable outlook. …
Al Baraka Banking Group holds its Second Annual Forum for the Shari'a departments of its Units world wide
Al Baraka Banking Group has held its Second Annual Forum for the Shari’a departments of the Group’s units around the…
Jordan's Capital Bank buys assets from Lebanon's Bank Audi
Jordan's Capital Bank Group finalised a deal on Tuesday to acquire top Lebanese lender Bank Audi's AUDI.BY businesses in Iraq…
Gulf Bank to pay Sh2m for discrimination
Former Head of Mission of the League of Arab States has been awarded Sh2 million as compensation for discrimination by…
Saudi banks’ profitability pressures to spill over into 2021
Saudi banks witnessed an improvement in profitability in the third quarter of 2020 largely driven by higher lending and lower…
Arab Monetary Fund announces full live operations of Buna
The Arab Monetary Fund has announced today that Buna (the regional cross-border payment system owned by the AMF) is currently…
UK's Sainsbury's picks National Bank of Oman for Middle East operations
The National Bank of Oman has been chosen as the onshore banking partner for the distribution arm of UK’s retail…
Ahlibank celebrates 'Long Service Awards'
Ahlibank has recognised 60 long-serving employees who have been with Ahlibank from five to 25 years during its yearly ‘Long…
Commercial Bank shines in Kuwait, receives Social Responsibility Award
DotSpace, Commercial Bank’s creative agency, has received the Social Responsibility Award at the Arab Media Forum’s 8th Kuwait Creativity Award…