GCC banking sector’s total assets grow on higher interest income
The GCC banking sector recorded one of the biggest growth in total assets during Q2-19 that reached $2.23 trillion. Sequential…
Retail Banking
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GCC banks getting better with tech adoption, S&P says
Financial institutions in the Gulf Cooperation Council (GCC) are fast catching up with the latest technologies in retail banking as…
Egypt's Fawry eyes UAE deal, Saudi and Kuwaiti markets
Egyptian digital payments company Fawry plans to expand into the United Arab Emirates by the end of the year and…
UAE banking sector assets surge to Dh2.87t
The UAE banking sector maintained its position as the largest in the Arab world with the combined assets of all…
Bahrain bank launches new unit to help struggling firms
National Bank of Bahrain has announced that it has launched a new business to offer specialised financial restructuring advice for…
BAB and Jordan bank discuss co-operation
Bahrain Association of Banks chief executive Dr Waheed Al Qassim met Bank of Jordan-Bahrain wholesale banking chief executive Salam Gamoah…
Dubai Police advise residents to get bank SMS notifications
Dubai Police are advising residents to register for SMS notifications from their bank in order to detect fraud at the…
Emirates NBD sells shares in UAE payments firm in $370m deal
Emirates NBD, the largest bank in Dubai, has confirmed the sale of an aggregate of 52.6 million ordinary shares in…
Major Japanese lender JBIC to open Istanbul office
The Japan Bank for International Cooperation (JBIC), which has undertaken the financing of more than $1 billion worth of projects…
Global Banking and Finance Review Announced Kuwait Finance House Bahrain B.SC. as the Global Banking & Finance Awards winner
Global Banking and Finance Review has awarded Kuwait Finance House Bahrain B.S.C. in recognition for its dedication to providing leadership,…
Dubai-backed fintech company Numbrs reaches $1bn valuation
Numbrs Personal Finance AG, a Zurich-based financial technology (fintech) company, backed by the sovereign wealth fund Investment Corporation of Dubai…
The group’s current investments stood at nearly $18bln at the end of June 2019
Bahrain -Al Baraka Banking Group, listed on Nasdaq Dubai and the Bahrain Bourse, seeks to enter new markets in line…