Digital Incubation Centre participates in QDB’s investment forum
The Digital Incubation Centre at the Ministry of Transport and Communications participated in the ‘3rd QDB Investment Forum’ organised virtually…
Retail Banking
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Commercial Bank of Dubai Recognized with Best Commercial Bank and Best Digital Transformation Awards by MEA Finance
Commercial Bank of Dubai, one of the leading banks in the UAE, has won the "Best Commercial Bank" award and…
Lebanon's Blom Bank enters new talks to sell Egypt business to ABC Bahrain
Lebanon's Blom Bank on Wednesday announced that it has entered into exclusive discussions with Arab Banking Corporation (Bahrain) to potentially…
GCC mobile phone market remains sluggish as consumers stay cautious
The overall mobile phone market of the Gulf Cooperation Council region experienced a very slight quarter-on-quarter (QoQ) decline of 0.2%…
Natwest, Santander to sell more shares in Saudi British Bank -document
Natwest Markets and Banco Santander plan to sell a combined 5.6% of shares in Saudi British Bank representing about $680…
Gulf banks take lead role in companies’ bailouts
As coronavirus swept the world, governments injected money into direct financial support for workers and businesses. But Gulf states were…
Employment regulations in the Abu Dhabi Global Market
Major changes were made to the employment law in the Abu Dhabi Global Market (ADGM) that took effect on 1…
Islamic banking gains prominence in the UAE
Islamic banking is gaining traction in the UAE in terms of progress, penetration and perception according to the latest Islamic…
Saudi banks’ outlook hurt by difficult operating environment
Faced with tough economic conditions following the sharp fall in oil prices and coronavirus-related economic disruptions, leading Saudi banks are…
Business Excellence Awards: RAK Bank's Al Hamra Branch wins coveted recognition
Rakbank has been recognised yet again under the Dubai Economic Department’s excellence programme, Dubai Service Excellence Scheme (DSES). The much…
UAE banks' assets up 7.6% at Dh3.25T
Total assets of banks operating in the UAE increased by 7.6 per cent year-on-year at the end of September and…
UAE, Saudi Arabia progress with common digital currency for central banks
The central banks of the UAE and Saudi Arabia have officially launched a project for a common digital currency. …