Egypt- NBE net profits reach EGP 10.1bn by end-June 2018
The business results of the National Bank of Egypt for the fiscal year (FY) 2017/18 have revealed its net profits…
Retail Banking
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Banks’ lending growth to pick up pace in 2019
Banks are expected to witness an overall pick-up in lending book across GCC this year, supported by Government spending. …
Ziad Al-Yousef, managing director of Saudi Payments
Ziad Al-Yousef, plays an influential role within the payments and financial services communities in the public and private sectors not…
Mashreq leads the UAE’s digital charge
In 2018, the Global Innovation Index again rated the UAE as the most innovative country in the Arab world. …
Noor Bank inks partnership with Emirates Skywards
Noor Bank has enriched its loyalty, rewards and savings account portfolio by announcing a partnership with Emirates Skywards, the award-winning…
Gulf banks to experience decline in asset quality in 2019 — 20
Asset quality of GCC banks are expected to face some amount of deterioration in the next 12 to 24 months…
Gulf Bank likely to suffer USD9.2m losses
Gulf Bank, one of the largest banks in Kuwait, is expected to register USD9.2 million of losses after being hit…
Dubai hotel receives $40.8mn financing from Mashreq Bank
Omniyat has announced that it has secured a financing of $40.8 million from Mashreq Bank for the fit-out of its…
Resignations, leadership reshuffle in banks operating in Egypt
Banks operating in Egypt saw a wave of resignations and a leadership reshuffle last week. Mohamed Abbas Fayed, the…
Ebdaa Bank to raise capital using profits
Ebdaa Bank for Microfinance - Bahrain has posted an increase of more than 227 per cent in net profit at…
GIB backs major conference
Gulf International Bank is participating as ‘gold sponsor’ of the Bonds, Loans and Sukuk Middle East conference that started yesterday.…
Emirates NBD's Digital Bank Liv. Launches Chatbot Powered by Kasisto's KAI Banking
Kasisto operated and managed by Emirates NBDhas announced the launch of Olivia, Liv.'s Conversational AI chatbot. Launched in 2017,…