Abu Dhabi Investment Authority to invest over $750mln in Reliance Retail
Abu Dhabi Investment Authority (ADIA) will invest 55.13 billion rupees ($751.13 million) in Reliance Industries' retail arm, giving the unit…
Retail Banking
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QIB named ‘Best Bank for SMEs in Qatar’ at Asiamoney Best Bank Awards 2020
Qatar Islamic Bank has announced its recognition as ‘The Best Bank for SMEs in Qatar’ at the Asiamoney Middle East’s…
Emirates NBD launches digital Supply Chain Financing platform
As part of its ongoing digitisation strategy, Emirates NBD, a leading bank in the MENAT (Middle East, North and Turkey)…
NBK Announces the Retirement of Its Group CFO
Al-Sager: Jim’s exceptional leadership and extensive financial expertise have been of tremendous value to NBK over the years Murphy: My…
MSMEDA, Banque Misr sign EGP 500m worth microfinance contract
The Micro, Small and Medium Enterprises Development Agency and Banque Misr have signed a microfinance contract of EGP 500m to…
Egypt’s banks brace for change
As Gulf banks grapple with squeezed margins, low interest rates and over-banking, Egypt offers the opposite: high interest rates, low…
Dubai Department of Finance partners with UAE Central Bank to facilitate fee payments
The Dubai Department of Finance and Central Bank of the UAE have signed a Memorandum of Understanding aimed at facilitating…
Emirates NBD launches digital supply chain financing platform
Emirates NBD has launched a digital supply chain financing platform for its corporate and institutional clientele. The bank's smartSCF…
Majority of UAE bank customers will switch banks for better offers
Majority of bank customers in the UAE are willing to switch to banks that meet their needs according to a…
Emirates Development Bank open to funding non-Emirati owned businesses
Emirates Development Bank will expand its investment mandate to include businesses that are not 100 per cent Emirati-owned, to boost…
NBK Sponsors LOYAC’s “Career Ready” Program
As part of NBK’s strategic partnership with LOYAC and continuous interest in the development of the youth, NBK sponsors LOYAC’s…
Abu Dhabi’s ADQ plans to set up digital bank in the UAE
ADQ is planning to set up a digital bank in the UAE using a legacy banking licence currently held by…