OIA announces changes in boards of state-owned companies
In continuation of the comprehensive review of its state-owned companies with the aim of raising their efficiency, developing their performance…
Retail Banking
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Kuwaiti Islamic Banks' Asset Quality and Profitability Under Pressure
Profitability at Kuwaiti Islamic banks will continue to be affected by lower profit rates, lower business volumes and higher financing…
Turkey Central Bank Chief Said to Promise Greater Visibility
Turkey’s new central bank governor has told lenders he will offer clearer guidance on monetary policy, according to people with…
Ithmaar Bank announces third quarter results
Ithmaar Bank B.S.C. (closed),has announced its financial results for the nine-month period ended 30 September 2020 with continued focus on…
BisB wins top Islamic banking award at Finnovex
Bahrain Islamic Bank has emerged as the winner of the prestigious award ‘Excellence in Islamic Banking Bahrain’ at the 2020…
Egypt’s central bank seeks to issue dollar-dominated T-bills during Nov.
The Central Bank of Egypt is set to issue dollar-denominated treasury bills (T-bills) for a year, on November 16, 2020.…
Dubai's Emaar Malls reports net profit
Emaar Malls, majority-owned by Emaar Properties, on Tuesday reported net profits of Dh586 million for the period ending 30 September…
Digital payment markets expect 2021 windfall as online shopping surges
E-commerce and digital payment markets in the Middle East and North Africa and Pakistan (MENAP) region will continue to reap…
Bahrain Development Bank enhances financing activity to support SMEs
Bahrain Development Bank (BDB) significantly stepped up its financing activity to support SMEs during the year with total disbursements increasing…
A partnership between Mashreq and Dubai Commodities to support growing companies
Mashreq Bank and Merchandise Center in Dubai announced the signing of a cooperation agreement to enhance support for small and…
Mashreq Bank's nine-month 2020 net profit down to Dh352m from Dh1.76b
Mashreq Bank saw a sharp drop in net profit for the first nine months of 2020 to total Dh352 million,…
ila Bank launches a travel campaign
ila Bank, Bahrain’s fast growing digital, mobile – only bank, has launched a travel campaign for its user community. …