Mideast interest-free payment platform developed in Turkey
Blockchain-based payment platform MenaPay, developed in Turkey, will be launched in the whole region on Jan. 15, 2019, as an…
Retail Banking
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Eman Ali Abdulla to head BisB’s Central Operations
Bahrain Islamic Bank (BisB), a provider of Sharia-compliant integrated financial solutions, has named Eman Ali Abdulla Ebrahim as the Head…
Bank brokerages top in QSE trading turnover in 2018
Commercial banks' brokerage businesses displayed a robust performance compared with that of the conventional entities during 2018, indicating the increased…
Bahrain Islamic Bank appoints Head of the Bank’s Central Operations department
Bahrain Islamic Bank (BisB), the leading provider of Sharia compliant integrated financial solutions, had announced the appointment of Eman Ali…
Saudis, Chinese Eyeing Tajikistan’s Biggest Bank: Reports
Tajikistan’s largest bank, the Finance Ministry-owned Tojiksodirotbank, was in talks with several potential buyers, including a Saudi group that made…
Saudis Seek Advisers for Major Bank Merger
National Commercial Bank and Riyad Bank are seeking advisers for a potential merger that would create the Gulf region’s third-biggest…
MCB Bank partners with Bank Al Jazira
MCB Bank has entered into an agreement with leading Saudi financial institution Bank Al Jazira for the facilitation of remittances…
Women hold $53bn in bank deposits in Saudi Arabia
Women hold 20 per cent of funds held in Saudi banks, worth more than $53 billion. “Women benefit from…
Doha Bank retains top spot in ESG rankings of listed firms in Qatar
Doha Bank, one of the largest private commercial banks in Qatar, has retained the top rating for the second year…
Revealed: where UAE banks invested their money in 2018
The United Kingdom has attracted the highest level of investment from UAE banks during the first nine months of 2018,…
BankDhofar receives prestigious Straight-Through-Processing (STP) Award by CITI
In recognition of its outstanding performance in the execution of commercial and financial payments in U.S. Dollar, BankDhofar has received…
QDB’s Franchise initiative to take Qatari brands to the world
Qatar Development Bank, the state-backed agency entrusted for the promotion of local small and medium-sized enterprises to establish a vibrant…