First Abu Dhabi Bank to Start Talks With Israeli Lenders
First Abu Dhabi Bank PJSC plans to start talks with Bank Hapoalim and Bank Leumi to forge cooperation in the…
Retail Banking
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Growing optimism, trust at all-time high in Saudi banks
Growing optimism and an all-time high level of trust emerged the hallmarks in the second quarter of the Saudi banking…
Abu Dhabi Commercial Bank launches in Egypt
The Abu Dhabi Commercial Bank Group, the fifth largest banking entity in the Gulf with assets of 405 billion dirhams…
Export Development Bank's FY profit 2019/2020 declines
its consolidated net profit in the fiscal year (FY) of 2019/2020, according to the company’s August 30th statement filed to…
TMG, NBE, Banque Misr sign EGP 4bn strategic partnership
The National Bank of Egypt and Banque Misr have signed an EGP 4bn strategic partnership with Talaat Moustafa Group subsidiary,…
UAE central bank boosts liquidity with $4.3bn cash injection
The Central Bank of the United Arab Emirates injected around AED15.86 billion ($4.3bn) in cash to the financial system in…
Dubai plans comeback to debt markets amid sharp economic downturn
Dubai has hired banks to advise it on its comeback to the international debt markets as the Middle East trade…
Dubai banks see 5% higher assets in H1-20
The assets of Dubai's banks jumped by about 5.3% to AED 1.53 trillion in the first half (H1) of 2020,…
First Abu Dhabi Bank plans to issue perpetual bonds as soon as September – sources
First Abu Dhabi Bank plans to issue Additional Tier 1 (AT1) bonds as soon as September, two sources familiar with…
Ahlibank offers medium-term bonds worth $2bn
Ahlibank has mandated Barclays, Mizuho Securities, QNB Capital and Standard Chartered Bank as joint bookrunners for its upcoming offering under…
Bahrain jails Future Bank officials; $47mln fines issued for money laundering
Three Future Bank officials have been sentenced to five years in jail and fined $1 million each following a series…
Bank Leumi, UAE bank, negotiating partnership amid normalization
Israel's Bank Leumi has been negotiating a partnership with an unnamed bank in the United Arab Emirates (UAE), according to…