StanChart launches campaign to promote electronic cards usage
Standard Chartered Bank has launched a promotion to champion the use of electronic cards and to discourage the use of…
Retail Banking
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Azerbaijan ruler Ilham Aliyev’s daughters transferred €15 million to Dubai co from Pilatus accounts
The daughters of Azerbaijan’s dictator Ilham Aliyev transferred €14.9 million from their bank account in the now-shuttered Pilatus Bank, to…
Gulf banks’ assets jump 3.1% to $2.3trln in third quarter
GCC banks continued to strengthen their aggregate balance sheets during Q3-2019 as listed banks in all six GCC countries reported…
The laws that changed the UAE’s personal finance landscape in 2019
This past year was dotted with laws that changed the UAE’s personal finance landscape — most notably insurance regulations to…
Despite Its High P/E Ratio, Is Abu Dhabi Commercial Bank PJSC Still Undervalued?
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). …
Qatar economic growth to continue in 2020, says Commercial Bank CEO
Robust economic growth is forecast to continue in 2020, a top Commercial Bank official said on Tuesday, citing positive macro…
Dubai Islamic Bank shareholders approve Noor Bank acquisition
Dubai Islamic Bank, the United Arab Emirates’ largest sharia-compliant bank, said on Wednesday it had received shareholder approval for the…
Etihad Credit Insurance partners with HSBC to help UAE businesses and exporters access global markets
Etihad Credit Insurance has signed a Memorandum of Understanding with HSBC to help UAE businesses and exporters access global markets,…
Biggest Saudi bank pulls plug on $271b merger plan with rival
Saudi Arabia's biggest lender scrapped plans to create a US$200 billion (S$271 billion) bank, with differences over valuation potentially contributing…
Emirates NBD: the value of rewards
Government-owned bank, in Dubai, Emirates NBD - over the duration of 2019 - has been investing in payment innovations for…
Saudi Arabia's largest lender abandons potential merger
National Commercial Bank, the biggest lender in Saudi Arabia by assets, ended talks for a merger with its smaller rival…
HSBC helps Omani businesses go global
HSBC Bank Oman has launched a dedicated Business Banking service to better connect Oman’s most dynamic and internationally-oriented businesses to…