Lebanon hires US firm for central bank probe
The Lebanese government has hired Alvarez & Marsal, a New York-based professional services firm, to carry out a forensic audit…
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First Abu Dhabi Bank wins global tender to be Etihad partner
First Abu Dhabi Bank will be the card payment processing partner of Etihad Aviation Group, on both online and in-store…
OAB opens new branch in Al Khoud
Oman Arab Bank opened its new branch in Al Khoud, Muscat recently. The branch was shifted from its previous location…
Banque Misr increases CI Capital stake to 10.16% with EGP 115m investment
Banque Misr raised its stake in CI Capital Holding for Financial Investments on Tuesday from 7.3% to 10.16%, buying 28.643m…
NBE, Banque Misr support Egypt's Health Ministry by LE 60M to counter COVID-19
The Egyptian Ministry of Health and Population signed a cooperation protocol with the National Bank of Egypt and Banque Misr…
Loans worth $537mln approved for SMEs – Central Bank of Jordan
The Central Bank of Jordan, since the onset of the pandemic until July 16, has approved 3,942 loan requests at…
Emirates NBD raises foreign ownership limit to 40%
Emirates NBD shares shot up 5.91 per cent on Tuesday, with the bank confirming foreign ownership limit has been increased…
Qatar- Commercial Bank bags 'Excellence in Leadership in the Middle East' Award 2020 from Euromoney
Commercial Bank has received the 'Excellence in Leadership in the Middle East Award 2020 from Euromoney for its response to…
Al Salam Bank Partners With Bahrain Bourse and Central Bank of Bahrain on New Shari’A-Compliant Asset-Trading Framework
Al Salam Bank-Bahrain (Al Salam Bank) has signed an agreement with the Bahrain Bourse and Central Bank of Bahrain (CBB)…
Diebold Nixdorf Delivers Next-Generation Financial Journeys To BankDhofar's Customers
Diebold Nixdorf has announced that BankDhofar will begin implementing the DN Series™ self-service solution to deliver best-in-class customer experience across…
Faisal Islamic Bank's profit down 54% in Q1 2020
The consolidated financial results of Faisal Islamic Bank of Egypt showed a 53.6% year-on-year drop in its net profits to…
QNBFS to start liquidity provision service for QIB on July 23
QNB Financial Services a financial brokerage subsidiary of QNB, will start liquidity provision activity for Qatar Islamic bank from Thursday…