Bank Nizwa appoints new Chief Financial Officer and Head of Compliance
As part of Bank Nizwa’s strategy to nurture and promote Omani talent, the Board of Directors of Oman’s first Islamic…
Retail Banking
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Bahrain's Al Baraka Group Q1 profit falls as income from units drop
Al Baraka Banking Group has reported a 28 per cent fall in the first-quarter net profit as income from some…
Egypt- EALB launches new retail banking package for first time in its history
The Egyptian Arab Land Bank (EALB) has launched a wide range of retail banking services for the first time in…
Ripple XRP Boosting News: Major Banks In The Middle East Are Willing To Use Ripple’s xRapid Technology
As reported in our XRP news yesterday, Ripple, xRapid and XRP have continued to gain global recognition as the future…
QIB launches new takaful cover for low-income workers
QIB has launched an “affordable” takaful product for low-income workers called ‘Family Sheild — WPS’, underwritten by Daman Islamic Insurance…
Al-Ahli Bank of Kuwait wins ‘Bank of the Year’ award, ‘Special CSR Award’
Al-Ahli Bank of Kuwait has announced yesterday that it won the ‘Bank of the Year’ award from Arabian Business magazine…
Huge Growth of Middle East Consumer Banking Market to 2025
Consumer banking is the typical mass-market banking in which individual customers use local branches of larger commercial banks. Services offered…
Private sector 'will benefit from implementing SDGs'
The private sector will be the first beneficiary of adopting sustainable development goals, stressed Dr Khaled Al Ghazzawi chief executive…
Barwa Bank launches loyalty rewards & charitable initiatives
As part of its annual Ramadan campaigns, Barwa Bank has announced a suite of customer loyalty reward schemes and experiences,…
KIB participates in 'Workplace Bullying' workshop
As part of its partnership with Kommunity, which aims at nurturing local innovators and talented youth, Kuwait International Bank recently…
CBK rejects Warba Bank merger with KMEFIC
Kuwait’s Warba Bank said that the Central Bank of Kuwait has rejected its proposed acquisition of a controlling stake in…
Qatar Islamic banks' total assets rise 1.77% in 9 months in 2018: OBG
The total assets of Qatar’s four Islamic banks rose by 1.77%, while their financing assets climbed by 3.81% in the…