NBK-Bahrain profit surges 26pc
National Bank of Kuwait-Bahrain reported net profits of $313 million last year compared with $248m in 2017, an increase of…
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UAE Exchange and Unimoni Go Live on Ripple's blockchain network for cross-border remittances
Finablr, a global platform for Payments and Foreign Exchange solutions, today announced that its network brands UAE Exchange and Unimoni…
Challenging decade ahead for investors: ENBD
The decade ahead looks set to be more challenging for investors than the previous one, highlighting the need for discipline…
NBK net profit rises 26pc to $313 million
National Bank of Kuwait-Bahrain the branch of NBK Group in Bahrain has announced yesterday a 26 per cent jump in…
Barwa Bank launches new mobile application
Barwa Bank has launched its mobile application 'for customers to meet their daily financial needs. Barwa Bank new mobile…
Warba Bank hires MJ Hudson to build out investment strategy
Kuwait-based bank Warba Bank has appointed investment consultant MJ Hudson Allenbridge to advise on the building out of its investment…
SMEs in Arab world need more bank financing, say government leaders
There is an urgent need to take steps to facilitate more lending for small and medium enterprises (SMEs) in the…
Bank Nizwa Brings Islamic Banking Closer to Corporate Customers
Reinforcing its strategy to offer an excellent customer service experience, Bank Nizwa recently launched its ‘Islamic Banking for Business’ Series. …
Turkey’s wealth fund hires banks for first foreign loan
Turkey’s sovereign wealth fund (Varlık Fonu) hired Citigroup Inc. and Industrial Commercial Bank of China Ltd. to coordinate a 1…
Kuwait bank taps TrueConf for virtual banking system
Commercial Bank of Kuwait deployed TrueConf’s video banking system to connect 68 remote bank branches with headquarters and enable communication…
Loans just got cheaper in India as RBI cuts repo rate
The repo rate cut of 25 basis points announced on Thursday by the Reserve Bank of India - the first…
Ajman Bank Wins The Best Emiratization CEO Award
The award was bestowed on Mr. Mohamed Amiri in recognition of his vision, leadership and achievements towards Emiratization at Ajman…