Bahrain Credit Drives Digital Transformation with Veeam
Digitisation of services will help the bank to get to know customers and millennials who use online services more and…
Retail Banking
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Six-month deposits surge to AED182.2 bn in eight months
The six-month deposits at UAE banks picked up to circa AED182.2 billion from January through August 2019, a growth of…
Bankers ‘hid’ secret Qatar payments from other investors
Two senior Barclays bankers dishonestly hid from the United Arab Emirates a series of multi-million-pound secret payments to Qatar in…
UAE: Here's how customers access banking, real estate and automotive sector websites
Traditional methods of search and direct remain key traffic sources across UAE’s automotive, banking and real estate sectors. SEMrush’s…
NBK reports 10.9% increase in net profit
The National Bank of Kuwait has announced its financial results for the 9-month period ended 30 September 2019. NBK reported…
Boubyan Bank posts net profits of KD 45m for period ended 30 Sept
Boubyan Bank has announced net profits of KD 45 million for the period ended 30 September 2019, at a growth…
Al Rayan Bank’s ex-CEO takes legal action to clear his name and reputation
On 5th August 2019, The Times posted an article titled “Female Circumcision is like clipping a nail, claimed speaker”, using…
Dubai Silicon Oasis signs MoU with Mashreq Bank on the sidelines of GITEX
Dubai Silicon Oasis Authority, signed a memorandum of understanding with Mashreq Bank on the sidelines of GITEX Technology Week 2019,…
Bank Nizwa CEO: Compliance with Sharia is key to make Islamic Finance mainstream in Oman
Continuing to lead the Islamic finance industry across the Sultanate, Bank Nizwa CEO, Khalid Al Kayed and Shari’a Supervisory Board…
NBB push to comply with data protection law
National Bank of Bahrain announced it is leading efforts to comply with Bahrain’s new Personal Data Protection Law which came…
Bank ABC Wins the Most Innovative Arab Bank of the Year Award
Bank ABC has been awarded “Most Innovative Arab Bank of the Year” at the FinX Awards 2019, organised by Fintech…
Saudi Amends Requirements to Open Bank Accounts for Foreign Companies
The Saudi Arabian Monetary Authority has announced amending some articles on the requirements to open new bank accounts. This…