Burgan Bank issues $328m bonds in Kuwait market
Burgan Bank, the second largest local conventional bank by assets size in Kuwait, has announced that it has successfully issued…
Retail Banking
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Digital banking gains momentum in Egypt
In the embrace of new technology, every step counts in Egypt's digital transformation, according to Jacques-Emmanuel Blanchet CEO, HSBC Egypt.…
Blockchain Cross-Border Payments Service Launched By National Bank Of Kuwait
The National Bank of Kuwait (NBK) has rolled out a new blockchain-based service for instantaneous money transfers. The NBK…
Largest Bank in Kuwait Integrates with Ripple for blockchain Cross-Border Payments
The National Bank of Kuwait which is the first bank in Kuwait has announced its intention to incorporate RippleNet blockchain…
KIB sells 4 major Kuwait state properties in auction
Kuwait International Bank said it has successfully sold four state properties at a public auction organised by the bank last…
Bank AlJazira wins 2 industry awards
Bank Aljazira gains new awards during the 4th Islamic Retail Banking Awards Ceremony held in Dubai. The two prestigious awards…
Saudi Arabia's biggest lender NCB in merger talks with rival Riyad Bank
National Commercial Bank, the biggest lender by assets in Saudi Arabia, is in preliminary talks to merge with rival Riyad…
Bank Sohar unveils its new brand as Sohar International
As a part of its new vision to become a world-leading Omani service company, Bank Sohar, as it was formerly…
Doha Bank closes QR525mn syndicated term loan facility
Doha Bank has successfully closed a $525mn syndicated senior unsecured term loan facility with a group of leading global and…
Barwa Bank EGM approves proposed merger with IBQ
Barwa Bank’s extraordinary general meeting has approved the proposed merger with International Bank of Qatar (IBQ). The extraordinary meeting…
Invest Bank seeks fresh capital infusion to strengthen balance sheet
Sharjah-based Invest Bank has been hit by high levels of non-performing loans (NPLs), largely from its exposure to cyclical down…
Dubai resident returns to find $1m missing from bank account
A Dubai resident got the shock of his life when he found out that he lost $1 million (Dh3.67 million)…