Interview: UAE's RAKBANK ups fintech game for money transfers, renews SME focus, says CEO
The National Bank of Ras Al Khaimah is ramping up its remittance and payment services using fintech, while expanding the…
Retail Banking
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Bank Muscat net profits in nine months
Bank Muscat has announced its preliminary results for the nine months ended on September 30, 2019. The bank posted…
Who is Abdul Aziz Al Ghurair, the new chairman of Mashreq bank?
Abdul Aziz Al Ghurair has been elected chairman of the oldest local bank in the United Arab Emirates, Mashreq. …
Al Khaliji net profit rises 6% to QR497mn in third quarter
Al Khalij Commercial Bank has posted a net profit of QR497mn at the end of the third quarter, which represents…
Dubai's Mashreq announces appointment of new CEO and chairman
Dubai-based banking major Mashreq on Monday announced the appointment of a new CEO and chairman. The move comes as…
Path Solutions upgrades Maisarah’s core banking platform for enhanced performance
Path Solutions has announced that Maisarah Islamic Banking Services of BankDhofar has successfully upgraded its core banking platform to the…
NBK, the only Kuwaiti bank among the world’s 50 safest banks in 2019
National Bank of Kuwait maintained its listing in The World’s 50 Safest Banks in 2019 list by Global Finance for…
Commercial Bank of Dubai adopts the Microsoft Cloud to accelerate digitization
“The Microsoft Azure cloud will deliver on CBD’s vision to digitally transform itself into a modern banking institution that can…
Mashreq profit hits Dh1.76b
Mashreq reported on Monday a slight upswing in net profit to Dh1.76 billion for the first nine months. While…
Ithmaar Bank continues support for Bahrain FinTech Bay
A senior Bahrain banker said that the Kingdom continues to lead the charge in financial innovation, with both local authorities…
KIB appoints new Deputy General Manager of the Retail Banking Department
Kuwait International Bank recently appointed Musab Al-Shalan as the Deputy Manager of the Retail Banking Department. Al-Shalan holds a…
Central Bank announces new rules for loan
The UAE financial organization has removed the 70-year regulation for the last mortgage compensation so as to ease loan needs…