Dubai Islamic Bank hires banks in preparation for Islamic bonds issue
Dubai Islamic Bank has hired a raft of lenders to arrange fixed income investor meetings ahead of a potential issuance…
Retail Banking
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Bahrain takes the lead on 'open banking' in the Middle East
Retail banks operating in Bahrain have until the end of this month to outline how they intend to the implement…
Commercial Bank of Dubai to take control of Abraaj assets secured against loan
Commercial Bank of Dubai, which lent around $170m to Abraaj, will take stakes in the troubled private equity firm’s funds…
Qatar National Bank selects iGTB plaform for digital growth plan
Qatar National Bank has named Intellect Global Transaction Banking, from fintech Intellect Design Arena Ltd,. to implement a digital cash…
Why Gulf Banks Are Merging Like Never Before
Lenders in the Persian Gulf have been rapidly consolidating as they seek to stay competitive in an era of lower…
First Abu Dhabi Bank: Proving its worth
Success stories spawn imitators. Such is the case with First Abu Dhabi Bank (FAB), the large Emirati financial institution formed…
Saudi banks set for most growth in four years
Saudi banks may report double-digit earnings growth this year as rising interest rates and increased government spending offset the risk…
QNB to Implement iGTB's Digital Corporate Banking Platform as It Strides Towards Becoming a Leading Global Bank by 2030
QNB will roll out iGTB's CBX platform in 14 countries, enabling it to expand its business beyond international borders, achieve…
All types of loans reached $1.1 b last year, says Kuwait Credit Bank
Kuwait Credit Bank said on Saturday that the total of all types of loans reached KD 336.3 million ($1.1 billion)…
Doha Bank, StockHolding join hands to offer India investment solutions
Doha Bank has signed a memorandum of understanding (MoU) with Stock Holding Corporation of India Limited (StockHolding), India’s premier custodian…
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…
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…