Commercial Bank of Kuwait installs video kiosks at 68 branches
Commercial Bank of Kuwait has started to adopt the smart-branch model by creating a flexible and cost-effective virtual banking system…
Retail Banking
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National Bank of Kuwait Set to Use Ripple for International Remittances
The National Bank of Kuwait has started blockchain-based remittance services to Jordan using blockchain technology supplied by Ripple. The…
UAE’s Sharjah Islamic Bank reports 6.8 pct rise in profit for 2018
UAE’s Sharjah Islamic Bank reported a 6.8 percent increase in net profit for the full year 2018. SIB made…
Speakers Including the World's Top Fintech Influencers Announced at Third Middle East and Africa Fintech Forum in Bahrain
Bank ABC announced that the Third Middle East and Africa Fintech Forum will feature some of the world’s leading figures,…
RakBank profit rises 13% on net interest income
The National Bank of Ras Al-Khaimah (RakBank) on Wednesday said its 2018 net profit grew 13.2 per cent from Dh810.5…
Abu Dhabi Three-Way Merger to Form $114 Billion U.A.E. Bank
Abu Dhabi Commercial Bank PJSC agreed to merge with Union National Bank PJSC and Al Hilal Bank to create the…
Yemeni gov't seeks to unfreeze bank accounts in foreign countries
The Saudi-backed Yemeni government started Tuesday talks with foreign diplomatic missions in an attempt to unfreeze its bank accounts being…
ADCB posts Dh4.84 billion net profit for 2018, up 13%
Abu Dhabi Commercial Bank (ADCB) on Tuesday reported a net profit of Dh4.84 billion for 2018, up 13 per cent…
Union National Bank CEO Mohammad Nasr Abdeen to retire
Union National Bank has announced that its chief executive officer Mohammad Nasr Abdeen will retire from his services from the…
Abu Dhabi to control majority stake in new mega bank
The government of Abu Dhabi will own 60.2 per cent of the new bank that will be formed following the…
Emirates NBD recognized as the best bank in Egypt for 2018
Emirates NBD - Egypt has been awarded “The Best Bank” in Egypt for 2018 by The Banker Africa for the…
Three UAE Banks Merge Into Fifth-largest Among Gulf Countries
Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank agreed a merger on Tuesday to create the third-largest…