Alba refinances $1.5bn Line 6 expansion syndicated loan
Aluminium Bahrain, the world’s largest smelter excluding China, has announced the successful refinancing of its $1.5-billion syndicated loan facility in…
Retail Banking
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QNB Group receives 'Bank of the Year 2019' awards from Banker
QNB Group has received the "Bank of the Year in Qatar", "Bank of the Year in the Middle East," and…
NBK named “The Bank of the Year in Kuwait” for 2019 by The Banker
National Bank of Kuwait has been named “The Bank of the Year in Kuwait” for 2019 by the leading and…
On the occasion of Qatar National Day, QIIB announces the best finance offers and offers on credit cards
QIIB has announced its celebration of Qatar National Day by launching special offers comprising personal finance and car finance and…
QIB awarded for 'best straight-through-processing in payments' by Citibank
QIB was given the annual ‘Straight-through-processing Excellence Award' presented by Citi Qatar for 'outstanding performance in Straight Through Processing and…
Outlook for GCC banks stable
The outlook for GCC banks remains stable on the back of solid regional economic growth along with strong capital buffers…
Kuwait's Boubyan says in talks to buy UK-based Islamic lender
Kuwait-based Boubyan Bank has announced it is in advanced talks to buy UK-based Islamic lender Bank of London and the…
Emirates NBD Has Cut Over 400 Jobs Since October-Sources
Dubai's largest bank, Emirates NBD, has cut between 400 and 500 jobs since October, sources familiar with the matter said,…
Maina’s son withdraws N58m, Dad over $800K in Dubai
A prosecution witness, Abdulahi Bashir, a branch manager with one of the old generation banks, told a Federal High Court…
'More Chinese investors eyeing Dubai's warehousing sector'
The growing demand for storage spaces and fulfilment centres in Dubai spurred by the boom in online retail shopping and…
Retail investors snap up $10 billion Aramco shares
Saudi Arabian investors have gone for the retail trance of the Saudi Aramco initiative public offering in their millions, with…
Saudi Bank Deposits Reach $453 Bn
Saudi bank deposits rose to $453 billion during Q3 of 2019, compared to the same period of 2018, according to…