Is AI a matter of survival for the modern bank?
Artificial Intelligence or AI is transforming the banking sector by creating more personalized customer experiences, enhancing decision-making, bolstering security and…
Retail Banking
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Gulf banks' consolidation should boost lenders' profitability, Moody's says
The spate of bank mergers in the Arabian Gulf should reduce overcapacity in the overcrowded sector and boost lenders' profitability…
Cracks Start to Show for U.A.E. Banks as Bad Loans Set to Rise
Cracks are starting to show in the United Arab Emirates’ banking sector as a property and retail slump take its…
Burgan Bank Honors Kuwait Fire Service Directorate for Their Continued Dedication to Employee Safety
Burgan Bank recently hosted the Kuwait Fire Service Directorate at its headquarters to honour their continued commitment to workplace safety…
Top Mideast banker pay cut by up to 25%
Salaries for top banking and finance professionals in the Middle East have been slashed by as much as a quarter…
Saudi's Riyad Bank picks Goldman to advise on talks with NCB: sources
Saudi Arabia’s Riyad Bank 1010.SE had chosen Goldman Sachs to advise on its merger talks with National Commercial Bank 1180.SE,…
Banking results to set tone for UAE stocks
Traders on UAE bourses waiting for a trigger have been selling at every recovery even as they eye the fourth…
Saudi bank Al Rajhi in merger talks for its Malaysian unit with another lender
Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, said it is in talks for a potential merger of its…
NBE signs 3 agreements worth 25 million euros to finance EPAP III
The National Bank of Egypt and board directors of three major companies have signed three agreements, worth 25 million euros,…
CBFS ranked third in Qatar for brokerage services in 2018
CBFS, the stock broking arm of Commercial Bank, has ranked third in Qatar’s brokerage businesses, accounting for 16.07 percent of…
Mashreq Bank rolls out Samsung Pay
Mashreq Bank has rolled out a service that allows customers to instantly add their credit cards to Samsung Pay via…
Mashreq enables Samsung Pay transactions
Mashreq Bank, has rolled out a service that allows customers to instantly add their credit cards to Samsung Pay via…