Doha Bank selected in ‘FTSE4Good Emerging Index’
Doha Bank has been selected in the ‘FTSE4Good Emerging Index’, reflecting the lender’s continued leadership in environmental, social and governance…
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Private sector corporates lead UAE’s credit growth
The UAE’s credit growth saw a solid rise in October, largely driven by improving credit demand from the private sector…
Bank Melli Iran rejects claims of illegal money transfers to Iraq
Bank Melli Iran has rejected the claims of the Office of Foreign Assets Control of the US Department of the…
UAE to issue commemorative currency on National Day
The Central Bank of the UAE will issue a commemorative silver coin, a commemorative one Dirham coin and an Dh100…
Bigger picture testifies to Gulf banks’ innate strength
The last three years has been challenging for the GCC banking sector. However, absent any major oil or geopolitical risks,…
Burgan Bank wins CITI Bank New York’s ‘Excellence Quality Recognition Award’
Burgan Bank announced that it has received the coveted ‘Excellence Quality Recognition Award’ for the year 2017 from CITI Bank…
Saudi Arabia's SEC to close USD2b credit facilities pact
Saudi Electricity Company is prepared for the closing of an USD2.15 billion deal on international syndicated revolving credit facilities on…
Kuwait Finance House Group Won Two Awards at the 25th Edition of the World Islamic Banking Conference
Kuwait Finance House announced that it has won two awards at the 25th edition of the Wold Islamic Banking Conference,…
Noor Bank raises record-breaking subscriptions for Arqaam Capital's Fixed Maturity Fund
Noor Bank has announced that its four-year Fixed Maturity Plan managed by Arqaam Capital, has raised over US$125 million subscriptions…
Egypt's state banks helping to support currency – bankers, economists
Egypt’s central bank has enlisted the help of state-owned commercial banks to keep the Egyptian pound from weakening against the…
QIIB bags Cambridge IFA’s ‘Best Islamic Retail Bank in Qatar’ award
Cambridge IFA has chosen QIIB for ‘The Best Islamic Retail Bank in Qatar’ award, which is given annually to leading…
Egypt falls for fifth day, banks boost Qatar
Egypt's blue-chip stock index fell for a fifth straight day on Monday, while Saudi Arabia edged up as oil prices…