Middle East: Banking in an age of conflict
War and revolution have shaped the Middle East’s recent history and have left their mark on the banking sector. Senior…
Retail Banking
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Turkey expands Islamic banking sector, strives to become a regional hub
The Turkish government through its banking regulations and supervisory authority BDDK last week approved a new Islamic lender, Emlak Katilim…
Banking for a modern Middle East
Change in the Middle East’s financial sector can often seem painfully slow. Consolidation is widely thought to be a priority…
UAE bank hires former StanChart senior exec as new CEO
UAE-based United Arab Bank has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO. The appointment,…
National Bank of Bahrain ramps up operations in UAE, Saudi Arabia
National Bank of Bahrain is bulking up staff numbers in its Abu Dhabi and Riyadh branches to capitalise on strong…
ACI Worldwide inaugurates SWIFT gpi solutions for NBK
ACI Worldwide has launched SWIFT Global Payments Innovation (gpi) services for the National Bank of Kuwait (NBK), which will help…
United Arab Bank reports net profit of AED77 million in 2018
United Arab Bank, UAB, has reported its financial results for the 12 months ended on 31st December, 2018. UAB reported…
Trade Bank of Iraq wins two top finance awards
Trade Bank of Iraq (TBI) has been presented with two prestigious financial industry awards in recognition of its ongoing work…
Saudi Arabia ‘has deposited $334m in Jordan’s central bank’
Saudi Arabia has deposited $334 million in Jordan's central bank and is working with Kuwait and the UAE for more…
Report: Iran merges military-affiliated banks
Iran's official IRNA news agency says the Central Bank has merged four banks and a credit union to reform the…
Union Coop plans move into Abu Dhabi
Union Coop, is planning to expand outside its home emirate of Dubai, its CEO has said. Khalid Humaid Bin…
DenizBank's acquisition to be finalized soon
Dubai-based lender Emirates NBD will complete the takeover of Turkey's DenizBank in the first half of this year, DenizBank's current…